Decision-Making Model Analysis

Introduction         Individuals, groups or teams make findings every day. Sometimes these decisions ar as easy as choosing a meal on the poster or a movie to watch. These decisions rent scant(p) or no impact on our life. However, there are decisions that confront greater consequences and therefore we whitethorn be more hesitant to decide, feeling f counterbalanceened that if deciding incorrectly we may be less fulfilled or unhappy. Examples of these decisions may embroil choosing a financial management database for your company or nonetheless choosing the right product in an ever competitive market. Decision-Making sit arounds fortunately there are decision making models that buns inspection and repair in achieving a rational decision or judgment. concord to Lahti (1996) there are four groups of decision-making models, such(prenominal) as rational, political, do by and garbage can models. Though all of these models have their advantages and disadvanta ges we will mainly contract on the rational and extremity model, and show how these models are use at my organization. The Rational Model         This model is based on economical aspects of decision making. It is position on the bases of rationality, optimumity, and uniformity and it assumes that decisions are a result of a conscious thinking process. This model assumes that amply evidence or randomness in respect to the decision is offered, and that decision has been communicate upon clear analysis of the problem.

This model unless assumes that there is an accurate rendering of the problem and that no biases or influences are imposed from social! -psychological factors such as power, fear, credibility or turnover (Lyles & Thomas, 1988). Furthermore, harmonise to Lahti (1996) Decisions are made deductively by determining the goals and objectives to be obtained, evaluating the effectiveness alternatives based on the information at hand and choosing the optimal alternative (p. 1). The Process Model         The process model... If you want to wee a full essay, order it on our website: OrderCustomPaper.com

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