{"product_id":"the-four-step-decision-making-process-as-a-simple-way-to-arrive-at-rational-decisions-von-doreen-walter","title":"The Four-Step Decision Making Process as a simple way to arrive at rational decisions","description":"\u003cp\u003eEssay from the year 2010 in the subject Sociology - Communication, grade: 1,0, University of Applied Sciences Riedlingen, language: English, abstract: In the days of globalization, dynamic markets, increasing competition and customers needs making a decision and\/or choosing an alternative is becoming progressively more difficult.\u003c\/p\u003e\u003cp\u003eEspecially in case of complex decisions individuals often think that they cannot cope with it ¿ in spite of their known common sense. Making a decision means balancing multiple objectives and is nearly always accompanied by conditions of uncertainty; uncertainty regarding the future, the consequences of the different alternatives or even due to the variety of goals. But regardless of the respective case to be considered - the more information the ¿decision makers¿ have, the better will be the decision.\u003c\/p\u003e\u003cp\u003eHowever, not only the action itself is relevant and decisively ¿ also the selection criteria, which help to orient oneself within the variety of different possibilities and ¿ therefore ¿ guide the decision making. Moreover, particularly these criteria force us to choose not only among the possible courses of action but also among the means of evaluating such actions. \u003c\/p\u003e\u003cp\u003eThe purpose of the decision making process is to find the best promising of all possible alternatives ¿ subject to the respective goals of the ¿decision makers¿.\u003c\/p\u003e\u003cp\u003eA successful decision making process should use and pass through some basic steps of decision making. A simple model to follow might be the four-step decision making process that is explained in the following. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis essay is to give an entire overview of the four-step decision making process as the art of balancing different objectives including its single steps. In order to illustrate them, each of those stages is supported by a current example of a decision that is currently to be made at ...... Based on a short company profile giving some background information regarding the company ........, chapter 3 concentrates on the decision making process itself. In the following each of the process steps is theoretically explained and practically accompanied by the mentioned example. The essay ends with a brief conclusion summarizing all results and findings.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783668136205\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783668136205","offer_id":39430540558429,"sku":"9783668136205","price":9.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/f7b26de8-f368-4c58-9f9c-a6abecb4cdab.jpg?v=1778646388","url":"https:\/\/shop.autorenwelt.de\/en\/products\/the-four-step-decision-making-process-as-a-simple-way-to-arrive-at-rational-decisions-von-doreen-walter","provider":"Autorenwelt Shop","version":"1.0","type":"link"}