BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Decision-making for managers is essential because it allows them to allocate resources, solve problems, take advantage of opportunities, and achieve team goals.

Detailed explanation-2: -Managers need to make informed decisions for several reasons: Effective leadership: Managers are responsible for guiding the team toward achieving its goals. Informed decision-making is a critical component of effective leadership, as it enables managers to make well-informed choices to help their team succeed.

Detailed explanation-3: -Managers are constantly called upon to make decisions in order to solve problems. Decision making and problem solving are ongoing processes of evaluating situations or problems, considering alternatives, making choices, and following them up with the necessary actions.

Detailed explanation-4: -Certainty is a situation in which a manager can make accurate decisions because all outcomes are known. Risk is a situation in which a manager can estimate the likelihood of certain outcomes.