Q. 2 D5.0( 3 Votes )

Answer each of the following questions in about four to five sentences.

What is the need for decision making in management of business?

Answer :

Decision making is utmost important in management of business. A correct decision can lead to a good progress or profit of the organisation where as a wrong decision can lead an organisation to a huge loss. Every step in a business requires a proper experienced decision.


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