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ID number:406816
Evaluation:
Published: 14.01.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Decision making is defined as a rational choice among alternatives. A decision is the result of making a judgment or reaching a conclusion. In order to perform their jobs well, managers must make good decision.
The Decision Making Process/ The Rational Model of Decision Making
There are different ways, or models, for thinking about decision making. Attempts to show how people should make a decision are called rational model of decision-making, it assume that decision makers apply a carefully set of criteria or rationale for their decision. In the rational model, decision-making usually begins with a judgment that a problem exists or a change is needed. Once a problem is recognized, alternatives are sought that could eliminate the negative condition or achieve the goal.

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