Homework - Decision making process

Opened: Friday, 5 April 2019, 12:00 AM
Due: Monday, 4 April 2022, 11:00 PM
The assignment for Week3 is related to decision-making process.
  1. You should select any personal decision-making problem and analyze it using elements in the analysis form (see the attachment, pg 1)
  2. You should select any business decision-making problem and analyze it using the elements in the analysis form (see the attachment, pg 2)
  3. On the lectures we presented two approaches (slides 3 and 5) in defining the proces of decision making. We also mapped the steps between those two approaches (i.e. connected the steps with same/similar meaning). We also said that many authors/researchers defined different approaches for decision-making steps which are very similar. In this assignment you sould browse the Internet (googling will be enough) and try to find new approach in defining the decision-making process. Describe the new approach, present its steps/phases and map (connect) the steps of new approach with the steps of two approaches from lectures.