what are basic characteristics of decision making?
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['Good decisions positively impact others. ... ', 'Good decisions are replicable. ... ', 'Good decisions foster opportunity. ... ', 'Good decisions include others. ... ', 'Good decisions are executable. ... ', 'A good decision is systematic. ... ', 'Good decisions are accountable. ... ', 'Good decisions are pragmatic.']
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['Programmed and Non-Programmed Decisions: ADVERTISEMENTS: ... ', 'Operational and Strategic Decisions: ... ', 'Organizational and Personal Decisions: ... ', 'Individual and Group Decisions:']
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In its simplest sense, decision-making is the act of choosing between two or more courses of action. In the wider process of problem-solving, decision-making involves choosing between possible solutions to a problem. Decisions can be made through either an intuitive or reasoned process, or a combination of the two.
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['self-empowerment.', 'self-efficacy.', 'self-confidence.', 'self-management.', 'decision-making ability.', 'freedom.', 'autonomy.']
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['TeamBuilding.', 'Decision Making.', 'Motivation.', 'Communication.', 'Leadership.', 'Negotiation.']
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Decision-making is the process of identifying and choosing alternatives based on the values, preferences and beliefs of the decision-maker. Every decision-making process produces a final choice, which may or may not prompt action.
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Feedback: Decision making is a complex cognitive process often defined as choosing a particular course of action. ... Decision making can occur without the full analysis required in problem solving.
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Take action, get information, form a decision, identify the choices.
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['Identify and describe clearly the facts. ... ', 'Define the conflict or dilemma and identify the higher-order values involved. ... ', 'Identify the stakeholders. ... ', 'Identify the options that you can reasonably take. ... ', 'Identify the potential consequences of your options.']
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['Define the problem.', 'Identify the decision criteria.', 'Allocate weights to the criteria.', 'Develop the alternatives.', 'Evaluate the alternatives.', 'Select the best alternative.']
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['Productivity.', 'Adaptability.', 'Self-activation and self-drive.', 'Ownership and accountability.', 'Decision-making.', 'Time-management.', 'Focus and handling of distractions.', 'The ability to communicate the precise but concise information, to the right person, at the appropriate time.']
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The four different decision-making models—rational, bounded rationality, intuitive, and creative—vary in terms of how experienced or motivated a decision maker is to make a choice. Choosing the right approach will make you more effective at work and improve your ability to carry out all the P-O-L-C functions.
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Types of Decision Making - An Overview. We determine types of decision making by looking at outcomes and the impacted entity. At the highest level we have chosen to categorize decisions into three major types: consumer decision making, business decision making, and personal decision making.
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There are several important factors that influence decision making. Significant factors include past experiences, a variety of cognitive biases, an escalation of commitment and sunk outcomes, individual differences, including age and socioeconomic status, and a belief in personal relevance.
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Decision making is shaped by individual personality and behavioral characteristics. Subjective biases can influence decisions by disrupting objective judgments. Common cognitive biases include confirmation, anchoring, halo effect, and overconfidence.
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['Strategic decisions have major resource propositions for an organization. ... ', 'Strategic decisions deal with harmonizing organizational resource capabilities with the threats and opportunities.', 'Strategic decisions deal with the range of organizational activities.']
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["Problem/need recognition. This is often identified as the first and most important step in the customer's decision process. ... ", 'Information search. ... ', 'Evaluation of alternatives. ... ', 'Purchase decision. ... ', 'Post-purchase behaviour.']