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Chapter 10 Decision Making

Chapter 10 Decision Making - LearningOutcomes:Decision...

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Chapter 10 Copyright 2009  Vandeveer,  Menefee 1 Learning Outcomes: Decision  Making Explain the satisficing model for  decision making. Describe the workings of the implicit  favorite model for decision making. Outline the maximizing or rational  decision making model. Discuss the various group decision  techniques.
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Chapter 10 Copyright 2009  Vandeveer,  Menefee 2 Decision-Making The key to making a decision is to  understand the problem. Decision making would best be  described as an exercise in  evaluating trade-offs.
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Chapter 10 Copyright 2009  Vandeveer,  Menefee 3 Problems Situations in Life Priority Problem Causes for Problem Most  Likely Cause Make     A    Decision Alternatives 1 2 3 4 5 6 Determining  the need for  a decision
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Chapter 10 Copyright 2009  Vandeveer,  Menefee 4 Decision-Making Understanding the problem Problem-solving and decision- making technique Analyze the facts Determining a course of action
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Chapter 10 Copyright 2009  Vandeveer,  Menefee 5 Three Models for Decision- Making Satisficing Model Implicit Favorite Model Maximizing or Rational Decision- Making Model
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