Authors:
Frisky Anistya , Zahra Assyfa, Reyinhard Sinaga, Iskandar Muda, Sambas Ade Kesuma
Addresses:
Department of Accounting, Universitas Sumatera Utara, Medan Campus, Sumatera, Indonesia.
Abstract:
This study examines how decision-making theory might influence the quality of decisions, which in turn can potentially affect the performance of an organization. The research project included the examination of fifty-two publications derived from various database sources; of these, thirty-four papers were chosen to serve as data references for the study. Based on the study’s findings, it can be concluded that the quality of organizational decisions is influenced by decision-making theory. According to decision theory, the decision-making process may be broken down into three distinct stages: preparation, the decision-making process, and the results of the decision-making process. During the decision-making process, organizational management can gather pertinent information, manage risks within the company, and examine how the company’s organizational structure and cognitive biases serve as the foundation for preparation in the decision-making process. This allows management within the organization to select from a variety of alternative solutions during decision-making, which ultimately helps to improve the quality of decisions that are made to support the organization’s performance within the company.
Keywords: Theory Decision Making Model; Organization with Better Direction; Decision-Making Process; Collect Relevant Information; Manage Risks; Decision-Making Results; Organizational Structure; Alternative Solutions.
Received: 19/05/2024, Revised: 28/07/2024, Accepted: 03/09/2024, Published: 07/12/2024
AVE Trends in Intelligent Social Letters, 2024 Vol. 1 No. 4 , Pages: 187-196