"Decision-making can be regarded as the cognitive process resulting in the selection of a belief and/ or a course of action among several alternative possibilities. Every decision-making process produces a final choice that may or may not prompt action. ...
Decision-making can also be regarded as a problem-solving activity terminated by a solution deemed to be satisfactory. It is, therefore, a reasoning or emotional process which can be rational or irrational and can be based on explicit assumptions or tacit assumptions. Most decisions are followed by some form of cost-benefit analysis. Rational choice theory encompasses the notion that people try to maximize benefits while minimizing costs.
Some have argued that most decisions are made unconsciously, if not involuntarily. Jim Nightingale, author of Think Smart – Act Smart, states that "we simply decide without thinking much about the decision process. ...
A major part of decision-making involves the analysis of a finite set of alternatives described in terms of evaluative criteria. Information overload occurs when there is a substantial gap between the capacity of information and the ways in which people may or can adapt."" [Decision-making. Wikipedia]
The block diagram example "Customer decision making" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Block Diagrams solution from the area "What is a Diagram" of ConceptDraw Solution Park.
Decision-making can also be regarded as a problem-solving activity terminated by a solution deemed to be satisfactory. It is, therefore, a reasoning or emotional process which can be rational or irrational and can be based on explicit assumptions or tacit assumptions. Most decisions are followed by some form of cost-benefit analysis. Rational choice theory encompasses the notion that people try to maximize benefits while minimizing costs.
Some have argued that most decisions are made unconsciously, if not involuntarily. Jim Nightingale, author of Think Smart – Act Smart, states that "we simply decide without thinking much about the decision process. ...
A major part of decision-making involves the analysis of a finite set of alternatives described in terms of evaluative criteria. Information overload occurs when there is a substantial gap between the capacity of information and the ways in which people may or can adapt."" [Decision-making. Wikipedia]
The block diagram example "Customer decision making" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Block Diagrams solution from the area "What is a Diagram" of ConceptDraw Solution Park.
Is ConceptDraw PRO an Alternative to Microsoft Visio?
Visio for Mac and Windows - ConceptDraw as an alternative to MS Visio. ConceptDraw PRO delivers full-functioned alternative to MS Visio. ConceptDraw PRO supports import of Visio files. ConceptDraw PRO supports flowcharting, swimlane, orgchart, project chart, mind map, decision tree, cause and effect, charts and graphs, and many other diagram types.PM Planning
This solution extends ConceptDraw MINDMAP and ConceptDraw Project software, allowing you to automatically create documents that reflect a project's status, for people who have different project roles.
- Diagram Costing Decision Making
- Decision Making Software For Small Business | Flowchart Symbols ...
- Decision Making | Block diagram - Customer decision making ...
- Decision Making | ConceptDraw PRO - Organizational chart ...
- Block diagram - Customer decision making | Basic Flowchart ...
- Block diagram - Customer decision making | Process Flowchart ...
- Block diagram - Customer decision making | PROBLEM ANALYSIS ...
- Block diagram - Customer decision making | Standard Flowchart ...
- Block diagram - Customer decision making | Rational Decision ...
- Flowchart Symbols Accounting. Activity-based costing (ABC ...
- Decision Making | How To Make the Right Decision in Projects ...
- Block diagram - Customer decision making | Types of Flowcharts ...
- Block diagram - Customer decision making | Block Diagrams ...
- Block diagram - Customer decision making
- Decision Making Software For Small Business | Block diagram ...
- Block diagram - Customer decision making | Decision Making Can ...
- Block diagram - Gap model of service quality | Block diagram ...
- Block diagram - Customer decision making | Workflow Diagram ...
- Block diagram - Customer decision making | Cross-Functional ...
- The Decision Making Process Diagram