Chapter 5 – Foundations of Decision Making
Overview: In Lesson 1 - “The Decision-Making Process” students will learn that the decision-making process is a set of eight steps. They will learn the definition of a decision problem and the eight steps used to define a decision problem. Focus is given on what is relevant in the decision-making process and how the decision maker weighs the criteria. The lesson further places emphasis on the rational model for decision making, why creativity is important in decision making and common errors in the decision- making process. Lesson 2 - “Decision-Making Challenges” and stresses the different types of problems we have to solve and the different ways we approach decision making when we are working to solve those problems. There is discussion on how problems differ and the different levels in the organization. Students will learn how technology aids in decision making. They will also learn the four basic decision-making styles.