decision making process definition

What do you mean by decision-making process?
In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options.
It could be either rational or irrational.
What is a process decision?
The process decision program chart (PDPC) is defined as a new management planning tool that systematically identifies what might go wrong in a plan under development.
Countermeasures are developed to prevent or offset those problems.
The five steps involved in making a decision include the following:
The five steps involved in making a decision include the following:
Clarify the question.Gather information and options.Evaluate the options.Act on the final decision.Review the results.

What is an example of a decision-making process?

One of the most typical examples of decision-making in management is to take a call on production facilities.
As your business expands and demand grows, you will be forced to increase your production capacity.
The next step would be to decide how much capacity installation is required to meet demand effectively.

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PDF	Decision Making - Meaning, Nature, Characteristics, Elements and Decision making is defined as the selection of a course of action among alternatives, it is the care of planning Decision making is the work a manager performs to

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PDF	Decision Making, Models Definition Models of decision making Evaluation of the possible responses in terms of their value or the resulting state's utility (process 2) (Sugrue et al , 2005) given both uncertainty in the current state

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Consumer Decision Making Process Definition Stages and Examples — Consumer Decision Making Process Definition Stages and Examples

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