Introduction of Decision Making

            It is a fact to keep in mind that decision making is one of the most critical elements of an organization regardless of its size. Every business organization has to make decisions keeping its strategy and objectives in view, and those decisions should be made after proper thought process and analysis so that a correct decision is made in the end. If an organization has everything at right place, they have identified their goals and objectives, they have well analyzed the competitive forces etc, but if they make wrong decision when it is time to take action, then failure would be the most likely result. An organization should clearly understand that what decisions they have to make at what point of time, and which decisions should be avoided in different circumstances. They need to collect relevant information and identify each option, which they can have while making any important decision. On the other hand, an organization should also understand that different decisions are made at different levels. The most common business decisions are made by managers in any organizations so they need to be aware of consequences of their decisions made for the business. A wrong decision can be fatal in so any ways (Quain 2019). Plastic Packaging Company was also facing a scenario, where they have to make few important decisions, and one wrong decision can really make things worse for them. The following analysis in the paper will look at different factors of the case that what decision was made, what could have been the alternative, and in the end, few recommendations will be made for Plastic Packaging.

References of Decision Making

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