Reference no: EM132238084

Your Task

1. Outline your decision process as it relates to the six steps of the rational decision-making process described in the text:

Step 1. Identify the Problem

Step 2. Establish Decision Criteria

Step 3. Weigh Decision Criteria

Step 4. Generate Alternatives

Step 5. Evaluate Alternatives

Step 6. Select the Best Alternative

For example, if you're writing about your decision to adopt a pet, the problem you identify in Step 1 might be that you were lonely in your apartment at night, and you'd always wanted to rescue a dog.

In Step 2, you could describe the decision criteria you used to select a dog: your apartment only allows dogs under 25 pounds, you wanted a dog with short hair for easier cleanup, you would only travel to a rescue facility within 50 miles of your house, and so on. If you skipped any of the steps above, note that. Include this outline in your written assignment submission.

2. Write a two-paragraph essay describing your decision process (as outlined above), including its strengths and weaknesses. Your essay must include at least two properly described and referenced decision methods or styles from the text. For example, if your decision was impeded by bias, describe if it was confirmation bias, anchoring, or some other kind of bias. Answer and address these questions:

o What is your preferred decision-making style?

o How does your style work for you? Are you always satisfied with your decisions?

o What method from the text would you consider for your future decision making?

o How important is decision making in the role of a business leader? Provide an example.

In addition to the text, you are encouraged to research decision-making methods using reliable and properly cited Internet resources. You may also draw from your personal experience with appropriate examples to support your references.