Open AccessGROUPS DECISION MAKING WITHIN THE ORGANIZATION
Author(s) -
Anca Stan
Publication year - 2008
Publication title -
studies and scientific researches. economics edition
Language(s) - English
Resource type - Journals
eISSN - 2344-1321
pISSN - 2066-561X
DOI - 10.29358/sceco.v0i13.29
Subject(s) - group decision making , implementation , business decision mapping , process (computing) , r cast , decision making , decision engineering , management science , making of , group (periodic table) , business , computer science , knowledge management , decision support system , marketing , psychology , economics , artificial intelligence , social psychology , advertising , chemistry , organic chemistry , purchasing , programming language , operating system
In a highly global market, organizations that have the ability to analyze and rapidly respond to the constantly changing marketplace will have the greatest chance of remaining competitive and profitable. Group decision making is the process of arriving at a judgment based upon the feedback of multiple individuals. Due to the importance of the group decision making process, decision making models can be used to establish a systematic means of developing effective group decision making. Once a decision has been made, the members of the group should be willing to accept it and support its implementations.