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Class: Advanced Decision Making
Your in your MBA program (accounting program). As you reflect on the process that you used for making this decision, Google and use the 8 elements and stages of decision making to analyze your own decision making process. What can you conclude about your typical decision making process from this reflection? The eight are the following
-work on the right decision problem
-specify your objectives
-create imaginative alternatives
-understand the consequences
-grapple with your tradeoffs
-clarify your uncertainties
-think hard about your risk tolerance
-consider linked decisions
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