Decision Making Flashcards
Define decision.
Decision is a choice made between two or more alternatives.
What is decision making?
It is the process of choosing between alternatives to achieve a goal.
What are the 8 steps of the decision making process?
Identify the problem, Identifying decision criteria, allocating weights to criteria, Developing alternatives, analyzing alternatives, selecting the alternatives, implementing the alternatives and evaluating the decision’s effectiveness
________ are situations that occur often enough to enable decision rules to be developed. eg. College admission decisions
Programmed decisions
________ are made in response to decisions that are unusual, and involve unpredictable opportunities or threats. eg. choice of college to apply for admissions
Unprogrammed decisions