Abstract
In order to achieve the objectives which have been declared necessary to the business purpose, decisions must be made. Making these decisions is an essential function of management. The decisions which determine the objectives in the first place are, of course, a primary responsibility of management at the highest level. They will be formulated at policy level by Boards of Management, and then interpreted and refined as practical financial and physical objectives in strategic and tactical plans by managers responsible for functional and departmental matters.
This is a preview of subscription content, log in via an institution.
Preview
Unable to display preview. Download preview PDF.
Further Reading
Appleby, R., Modern Business Administration, Pitman, 1981.
Arnold, J. and Hope, T., Accounting for Management Decisions, Prentice-Hall, 1983.
Clifford, J., Decision Making in Organizations, Longman, 1977.
Cooke, S. and Slack, N., Making Management Decisions, Prentice-Hall, 1984.
Author information
Authors and Affiliations
Copyright information
© 1986 Roy Anderson
About this chapter
Cite this chapter
Anderson, R. (1986). Management and Decisions. In: Management, Information Systems and Computers. Palgrave, London. https://doi.org/10.1007/978-1-349-18419-4_3
Download citation
DOI: https://doi.org/10.1007/978-1-349-18419-4_3
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-39853-1
Online ISBN: 978-1-349-18419-4
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)