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5 Cards in this Set
- Front
- Back
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Decisions
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Choices of actions from among multiple feasible alternatives
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Decision making
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cognitive activity that relies on both perception and judgment.
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An effective decision is one that is
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timely
acceptable to those affected by it satisfies the key decision criteria. |
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Decision-Making Process
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Define the problem
Identify the criteria Gather and evaluate data List and Evaluate Alternatives Select Best Alternative Implement and Follow Up |
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Optimal decisions
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The maximizing decision, yielding the absolute best result
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