In the ever-changing world of business, many decisions have to be made, whether the outcome is good or bad. Some of these decisions could be as small as finding a new provider of pencils, while others could hold the fate of the company. Alex and Nik, business leaders within Wal-mart, must take advantage of all tools and learning experiences in order to become successful in their c arer paths. wiz tool that is popular among businessmen and women alike is the decision-making model. The decision-making process is whiz of the most important skills of todays leading managers while forces and influences depending of the kick the bucket environment and the type of organization influence this process. There are many variant decision-making models. Managers use specific decision-making styles to make individualistic decisions within a decision-making model. There are four different styles, the democratic style, the autocratic style, the collective participative style, and the consensus style. Democratic decision-making occurs when the leader gives up ownership and control of a decision and allows the group to vote. legal age vote will decide the action. Advantages include a moderately fast decision, and a certain amount of group participation. The outrage of this style includes no indebtedness.
Lack of group and personal responsibility seems to disqualify this style of decision-making; however, the democratic style does have its come on in business (Leadership Management, 1997). First, the decision-making style used by Alex, Nik, and the upper berth management within Wal-mart for the situation in Kava was consensus because everyone hold upon the decision-making model. All parties involved chose the decision-making model cost-benefit analysis and further hold that any decisions beyond this point would be made by the use of the democratic style. Choosing this style and model would mean that Alex and Nik would aim the analysis and recommendations and present them to upper management.... If you want to get a full essay, order it on our website: Ordercustompaper.com
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