The Decision-Making Model
The Decision-Making Model
Using your completed Decision-Making Model diagram, work through the following example individually and then compare your answers with a partner.
Example:
• A car dealership has to decide how many cars to keep on the lot.
• The dealership needs to have at least 1 of each model for test driving, but should they have more than one of some models?
|Step 1 – | |
|Determine the decision to | |
|be made | |
| | |
|Step 2 – | |
|Identify the alternatives | |
| | |
| | |
| | |
|Step 3 – | |
|Evaluate the advantages and| |
|disadvantages of the | |
|alternatives | |
|Step 4 – | |
|Make a decision | |
|and take action | |
|Step 5 – | |
|Evaluate the decision | |
| | |
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
Related searches
- three categories of consumer decision making behavior
- financial decision making examples
- decision making in financial management
- financial management decision making process
- framing decision making example
- financial decision making process
- investment decision making process
- investment decision making pdf
- strategies for decision making and problem solving
- consumer decision making process article
- consumer decision making process examples
- consumer purchase decision making process