ECONOMICS

Detailed explanation-1: -Participative decision making (PDM) is the opportunity for an employee to provide input into the decision-making process related to work matters (i.e., work organization, task priority) or organizational issues, for example, when they have a say on promoting new strategy ideas.

Detailed explanation-2: -The risk involved in the act of decision making can be reduced if, instead of leaders acting in isolation, employees are supported, trained and empowered to make these decisions-providing optimal outcomes for an organisation.

Detailed explanation-3: -About participatory decision-making This is a process that works to find common ground and solutions that are acceptable to all and best for the group. It tries to avoid the alienation of minorities that majority rule can create and values everyone’s opinion equally.