A 1.__________ is a choice among possible alternative actions. Like planning decision-making is a challenge and requires careful consideration for both types of decision namely 2.____________________________ and 3.______________________. For effective planning in today’s dynamic environments. Different techniques and tools must be used, such as 4._________________, 5.______________________________, 6.______________________________, 7.________________________, 8.__________________. All planning types, without exception, make use of forecasting. Business periodicals publish forecasts such as employment and unemployment rates, increase or decrease of interest rates, stock market data, GNP/GDP data and others. Forecasts used may either be 9._________________, or 10.__________________. Risk or 11._________________________ compel the decision maker to do estimates regarding the possible occurrence of certain outcomes that may affect his or her chosen solution to a problem. All managers and workers/employees in organizations make decision or make choices that affect their jobs and organization they work for, they make decision by going through the 12.__________________________ of the decision-making process suggested by Robbins and Coulter (2009). 13._________________ is a process which begins with problem identification and ends with the evaluation of implemented solutions. 14.________________________ It is change in an attribute, condition, factor, parameter or value that represents crossing a threshold and actuates or initiates a mechanism or reaction that may lead to a radically different state of affairs. 15.________________________ Ideal conditions in deciding problems; these are situations in which a manager can make precise decisions because the results of all alternatives are known.
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