Achieving Rationality in Decision Making A perspective of purchasing with inter-organisational relationships

Abstract

The thesis is to provide how decisions are made in an organisation relating to practice of purchasing with a qualitative research approach. Organisational decisions have impacts on networks, such impacts are also discussed. Decision making has its limitations relates to bounded rationality, organisations achieve rationality due to some extent for the reason that they have implemented code of conducts and also by gathering data. Decisions made by an organisation can have impacts on business relationships whether formal or informal, however there will be no impacts on organisational network if such relationships do not exist between partner organisations.