TOZZIBLINKZ
VIP Contributor
The act of decision making is part of a business organisation , this is so because at the end of every business working here financial books and record are being analysed my account and auditors or by the business owner if the business is a sole proprietorship . Why this is so is to ascertain the business going concern . Yet there are a lot of businesses today who fell in the act of decision making and this in turn brings drastic and unhealthy rivalry towards the business growth and development .
As an entrepreneur , manager or employer it is your duty to make decision concerning The business in which you are running , failure to do so affect the business in various ways some of these include:
1. Decrease in business innnovativeness:
Slow decision-making affect the business environment , most business related problems that require hasty decision making might be neglected thereby making the business to fail in innovativeness causing decrease trending marketing knowledge that will help the business one way or the other .
2. Idleness among employees : due to slow decision-making I do not among employees tend to increase because task already accomplished by them have not been called out whether good or not.
As an entrepreneur , manager or employer it is your duty to make decision concerning The business in which you are running , failure to do so affect the business in various ways some of these include:
1. Decrease in business innnovativeness:
Slow decision-making affect the business environment , most business related problems that require hasty decision making might be neglected thereby making the business to fail in innovativeness causing decrease trending marketing knowledge that will help the business one way or the other .
2. Idleness among employees : due to slow decision-making I do not among employees tend to increase because task already accomplished by them have not been called out whether good or not.