Chapter 10 - CHAPTER 10 Decision Making Copyright 2011,...

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CHAPTER 10 Decision Making Chapter 10 Copyright 2011, Vandeveer, Menefee 1
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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 Chapter 10 Copyright 2011, Vandeveer, Menefee 2
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THREE QUESTIONS TO CONSIDER Why did I learn today about decision making? What did I learn today that I can apply to my life right now? What new questions might I have from today’s lessons? Chapter 10 Copyright 2011, Vandeveer, Menefee 3
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DECISION-MAKING The key to making a decision is to understand the problem or the Opportunity . Decision making would best be described a an exercise in evaluating trade-offs . Chapter 10 Copyright 2011, Vandeveer, Menefee 4
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Chapter 10 Copyright 2011, Vandeveer, Menefee 5 Problems or Opportunities Situations in Life Prioritize Desired Outcome(s) Evaluation Criteria Make     A    Decision Develop Alternatives 1 2 3 4 5 6 Determining  the need for  a decision Evaluate Alternatives 7
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DECISION-MAKING Understand the situation – problem or opportunity? Choose a problem-solving and
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This note was uploaded on 03/04/2012 for the course OLS 252 taught by Professor Dahlstrom during the Spring '08 term at Purdue University-West Lafayette.

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Chapter 10 - CHAPTER 10 Decision Making Copyright 2011,...

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