Decision-making

Decision-making can also be regarded as a problem-solving activity terminated by a solution deemed to be satisfactory. It is, therefore, a reasoning or emotional process which can be rational or irrational and can be based on explicit assumptions or tacit assumptions. Rational choice theory encompasses the notion that people try to maximize benefits while minimizing costs. A logical and systematic Decision-making process helps you address the critical elements that result in a good decision. There are six steps to making an effective decision such as create a constructive environment, generate good alternatives, explore these alternatives, choose the best alternative, check your decision, communicate your decision and take action. A journal is a periodical publication intended to further progress of science, usually by reporting new research. Most journals are highly specialized, although some of the oldest journals publish articles, reviews, editorials, short communications, letters, and scientific papers across a wide range of scientific fields. Journals contain articles that peer reviewed, in an attempt to ensure that articles meet the journal's standards of quality, and scientific validity. Each such journal article becomes part of the permanent scientific record. International Journal of Economics & Management Sciences is one of the top viewed journals on Decision-making Process. It publishes the original research and reviews dedicated to provide a rapid turn-around time possible for reviewing and publishing and to disseminate the articles freely for research, teaching and reference purposes. OMICS International journals have over 15 million readers with strong editorial board which contains over 50,000+ editorial board members that ensure a rapid, quality and quick review process. International Journal of Economics & Management Sciences is one of the top journals of OMICS group which contributes emerging research in the area of Telecommunications, Currency, Life marketing, Inflation, Stock Exchange, Exchange Rate etc. As a scientific organization, the OMICS International carries the vision to present the authentic free-to-view scientific literature to the scientific community. Archived online transactions of OMICS Group provide the International scientific community with immediate and permanent access to individual papers.
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Last date updated on May, 2014

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