Critically examine the following passage:
After a situation has been carefully analysed and the possible outcomes have been evaluated as accurately as possible, a decision can be made. This decision may include the alternative of not making a decision on the alternatives presented. After all the data that can be brought to bear on a situation has been considered, some areas of uncertainty may be expected to remain. If a decision is to be made, these areas of uncertainty must be bridged by the consideration and evaluation of intangibles. Some call the type of evaluation involved in the consideration of intangibles, intuition, others call it hunch on judgement, whatever it be called, it is inescapable tat this type of thinking must always be the final part in arriving at a decision about the future. There is no other way if action is to be taken. There appears to be a marked difference in people’s abilities to come to sound conclusions, when some facts relative to a situation are missing, those who possess sound judgement, are richly rewarded. But as effective as as intuition, hunch on judgement may some times be, this type of thinking should be reserved for those areas where facts on which to base a decision, are missing.

1. How is it possible to come to a sound decision when facts are missing?
There are some areas of uncertainty when facts are missing. These uncertainties needed to be overcome. These intangibles (the missing data) need to be considered and assessed. This sort of consideration must be the last step in taking a decision. A sound decision, when facts are missing, must be based on intuition or a hunch.

2. What part, in your opinion, does decision making play in the efficient functioning of an organization?
Decision-making is the most efficient and important part of any organization. After thoroughly examining the data or information, one can make a pragmatic decision about the future policies, programmes, and projects of an organization. When some data is missing, it is necessary to overcome these uncertainties by making a decision based on a hunch and intuition. The future of any organization depends on efficient decision-making after weighing all the future pros and cons of a decision.