A. Background of Study:
1. Importance of the study:
To know managerial functions in Decision Making Process.
To know Pervasiveness of decision making.
To study Evaluation of managerial performance with regards to
decision making.
To know Selection of the best alternatives with help of decision
making.
2. Need for the study:
To help for problem solving approach.
To know about developmental strategies with regards to decision
making.
B. Research Question:
1. Identify the study factor:
Business environment
Employee engagement
Internal and external relationship
D. Key Issues:
This Project Report will be consisting the reference questions and its
related issues regarding decision making approaches in an organization.
And also modern market environment of decision making strategies.
E. Scope of Study:
1. Variables like environmental issues of business organization,
employee satisfaction, government policies, technological changes,
competitors analysis, working environment and business policies are
the key factors which have been taken into consideration. The objectives
of this project also have fundamental analysis of decision making in an
organization.
2. To know the essentials of decision making by setting hypothesis and
appropriate research orientation, methodologies. Null hypothesis and
some alternative hypothesis will be based on the survey and
questionnaire.
F. Research Methodology:
1. Type of Research:
A research design is simply a plan for study in collection and analyzing
the data. It helps the researcher to conduct the study and ensure that
economical procedures are employed and probing is relevant to the
problem. Depending upon the objective of the study there is threeresearch design available:
Basic Research
Applied Research
Quantitative Research
Qualitative Research
2. Sampling area:
8. Research Instrument:
1. For making this research researcher is going to use Close Ended
Questions for the Project Report.
2. Five Point Likert Scale will be using for making decisions.
The format of a typical five-level Likert item, for example, could be:
Strongly disagree
Disagree
Neither agree nor disagree
Agree
Strongly agree
H. Limitations of Study:
The time was very limited as for requirement of study.
Taking Sample has carried out the study. Therefore, all the
limitations associated with sampling.
Sometimes the respondent does not want to disclose some relevant
information.
The information provided by the respondent may not be authentic.
The sample size is restricted.