Question

In: Operations Management

Describe the Functional Model of Decision Making. Pick two of the steps in the decision making...

Describe the Functional Model of Decision Making.

Pick two of the steps in the decision making process and describe how leaving them out might negatively affect a decision.

Solutions

Expert Solution

Functional model of decision making involves First understanding the problem, then gather relevant information to back up your probelm and then generate a relevant set of alternatives, examining the alternatives and selecting the best alternative which will solve the problem and then make the decision.

The two steps which are to be eliminated gathering of information and generating alternatives then decision making will be affected in negative manner.

gathering information helps a decision maker to find sources and information which would help in taking effective decision making. If these are not present to decision maker then decision will have high chances of bad results.

For example- I want to buy a House but i do not have ways to collect information like i would not go to friends, brokers, internet etc and directly go to make a decision to buy a house. The end result could be like i may purchase a house overpriced in bad location etc.

Generating alternatives is also important step because alternatives helps decision maker to have various options to solve the problem. if they are not present then decision would be in less in scope and not effective at all.

for example- I want to make a decision to buy A Car so that i can go to office, family trip etc. Alternatives will help me to make decision like should i buy fuel car or electric car? should i buy luxury car or affordable mid range car etc.


Related Solutions

Describe a decision that you may be faced with and explain the decision making model and...
Describe a decision that you may be faced with and explain the decision making model and consumer decisions model as it relates to your decision
Compare and contrast The Classical Model of Decision Making with the Administrative Model of Decision Making
Compare and contrast The Classical Model of Decision Making with the Administrative Model of Decision Making (That is, tell how they are similar and how they are different from each other). It need to be at least a paragraph long.
Identify an ethical issue in healthcare. Identify the steps in an ethical decision-making model and apply...
Identify an ethical issue in healthcare. Identify the steps in an ethical decision-making model and apply these steps to your identified ethical issues. please also state what website you use to get the answer!
Describe the 8 steps in decision making process. Is there a difference between wrong decisions and...
Describe the 8 steps in decision making process. Is there a difference between wrong decisions and bad decisions? How do you think managers can improve decision making skills?
List the steps in the model of rational decision-making. Discuss your answer from the marketer's lens...
List the steps in the model of rational decision-making. Discuss your answer from the marketer's lens and suggest some facilitating strategies to smoothen the consumer decision making.
What are the steps in the consumer decision making process
What are the steps in the consumer decision making process
In your words describe the steps in ethical decision making process. Think of potentials situation that...
In your words describe the steps in ethical decision making process. Think of potentials situation that may arise in human service
Decision making can be viewed as an eight-step process, use these steps in making any decision....
Decision making can be viewed as an eight-step process, use these steps in making any decision. Please use your own example and do not take the examples from the PowerPoint presentation (buying a car or a computer)
a. Identify the steps in management's decision-making process. Does management always follow these steps when making...
a. Identify the steps in management's decision-making process. Does management always follow these steps when making decisions? b.  Select one of the decision types that involve incremental analysis, and discuss its relevant costs.
Describe the components of the critical thinking model for clinical decision making. Discuss the nurse’s responsibility...
Describe the components of the critical thinking model for clinical decision making. Discuss the nurse’s responsibility in making clinical decisions and how reflection improves a nurse’s capacity for making future clinic decisions.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT