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Submitted by midnyte81 on January 3, 2006
Category: Philosophy
Words: 898 | Pages: 4
Views: 1807
Popularity Rank: 1,393
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Decision Making Models
Milton A. Brown III
MGT 350/ Critical Thinking
Saundra McDavid
November 29, 2005.
Points Possible Your Points Comments
700 – 1050 words 1 1
Model described 1 1
Apply model to a recent decision 2 2
Identify all steps in the decision-making model 1 1
Overall 5 5 Review APA formatting for the title page and spacing within your text. There should be no extra spacing between your references on your reference page. Nice application of the SBDC decision making model.
In the ever changing world of business, many decisions are going to be made, whether the outcome is good or bad. Some could be as small as finding a new supplier of pencils, while others can hold the fate of the company. As future business leaders, one must take advantage of all tools and learning experiences to become successful in their career paths.
One tool that is popular amongst businessmen and women alike is a decision making model. Decision making models are plans which determine the process by which a decision is made. (Decision Making Models; R.W. Scholl. 1999) Although sometimes there is only one right decision, there are numerous decision-making models to get you to that decision. Hence, there is no one right way to achieve your decision.
In the 138th Military intelligence Company, decisions had to be made in regards to which soldiers would deploy on the next rotation. This issue will be grafted to a nine-step decision making model commonly used by the Small Business Development Center at Rogue Community College:
• Recognize that a problem exists and set a solution objective.
• Analyze the situation.
• Identify key uncertainties.
• Determine workable solutions and...
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