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One way that helps is to take a piece of paper and make two columns on it, one headed 'Reasons For' the other Reasons Against'.
Under the 'For' list all the decision's 'pros' and under 'Against' write all the decision's 'cons'.
When you have done this go through all reasons you have written and give them a number out of 10 regarding how important each point is to you. (1 not very important, 10 very very important).
Once you have done this add up all the values on the 'For' and 'Against' sides and you will have two numbers which tell you if you should or should not make the decision in an objective way.
The process of doing this also helps to clear you miand and put the decision in perspective.
Wiki User
∙ 13y ago
Wiki User
∙ 12y agoWWJD
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How will each the firms decision making?
You can make decision making firm by putting your foot forward of the choice or the decision that you made. You should decide and stick with it. You make sure that you have proof or enough evidence showing that your decision is important and correct.
What are the objectives of investment analysis?
This analysis is important to determine the risks of the investment. This is important before making an investment decision.
Issues in strategic decision making?
§ A company would have different people in decision making at different periods of time. Decision often require judgments and thus is important to note that the person related factors are important in decision making and the decision make differ as that person changes. § Again an individual does not take decisions alone. But often there is rumble in decisions, which could be between individual and group decision making. The decision taken by the group could be different from those that may be taken by the individual themselves. § The company would need to decide on what criteria it should make its decision. Thus it need a process of objective setting, which serve as benchmarks for evaluation of the efficiency and effectiveness of the decision making process. There are three major criteria in decision making- the concept of maximization, - the concept of satisfying, -the concept of instrumentalism. Based on the chosen concept, Strategic decisions will differ. § It is assumed that decision making is logical and thus there will be rationality in the decision making. In the context of Strategic decision making, it means that there would be a proper evaluation and then exercising a choice from among various alternative courses of action in such a way that it may lead to the achievement of the objectives in the best possible manner. § As the situations are complex, straightforward thinking may not be effective. Creativity in decision making may be needed, thus the decision must be original and different. But also based on situation and circumstances there could be variability in decision making.
What is multifactor Decision making?
A decision- making technique in which individuals subjectively and intuitively consider the various factors in making their selection is known as multifactor decision making.
What does consensual decision-making mean?
what does consensual decision making mean
Why are values important when making a decision?
It is important to remember your values when making a decision as otherwise, the decision you make will not help you as it will not be based around your life.
Elaborate the cost concept is important for decision making?
Cost concept for Decision making ?
Why is demand estimation and forecasting important for managerial decision making?
why is demand estimation and forecast important for managerial decision making
The lobes are important for decision making and judgment?
frontal
How the cost concept is important for decision making?
to know if the project can be executed or not. its the window opener to help ensure that the resources are available.
How is information important in each stage of decision making?
because it is
Which ability is most important to safe driving?
decision making
What lobes are important for decision making and judgement?
Frontal (Apex)
Which capability is most important to safe driving?
Decision-making
Why is it important to consider your values when you make a decision?
it is important because when you are making a decision you need to know that you are making the right one and not just going to the wrong one like stealing from a store or saying no.
How important is the overall health of the patient in making the decision to perform cataract surgery?
The overall health of the patient needs to be considered in making the decision to operate.
Why is decision-making important to marriage?
Decision making helps the couple to plan. More over it gives the marriage a sense of direction and set responsibilities.
