Qualitative and Quantitative
Qualitative and Quantitative
Qualitative and Quantitative
Inevitably irrational, since no individual can have all the information necessary to make a totally rational decision.
The English Word'Decision' originated from the latin word 'decision' which means 'to cut from'. To decide means 'to come to conclution" or "to pass a resolution" Decision making means to selet a cours of action from two or more alternative. It is done to achieve a specific objective or to solve a specific problem.
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
Qualitative and Quantitative
Qualitative and Quantitative
Qualitative and Quantitative
Qualitative and Quantitative
what are the two specific necessary decision making skills
what are the two specific necessary decision making skills
Relevant cost is that cost which is required for the specific decision making process or the cost which will be change due to specific decision while irrelevant cost has no concern with decision making or any specific decision.
Qualitative and Quantitative
Relevant cost is that cost which is necessary for the underlying decision in decision making process while irrelevant cost is not necessary to be decision to be made.
The keys to decision making include identifying the problem and doing your homework. Looking at your choices and weighing the possible outcomes are other parts of making a good decision.
An unstructured decision is a kind of decision where no plan or steps were followed. It is a haphazard decision that is not guided by any rules or specific inferences.
decision making