Decision Making Model Paper

Decision Making Model Analysis Paper It is evidently assumed that corporate decisions are made according to the concept of rationality. The concept of rationality is defined as seeking out the objectives of a management decision and then selecting the alternative action that will produce efficient results. This approach involves optimizing the available resources and generating the optimal result. This is why the rational decision-making model is often presented as the first choice of corporate decision-making. …showed first 75 words of 1316 total…

…showed last 75 words of 1316 total…disadvantages and advantages of implementing the new system, and maximizing the companies' goals. The rational decision model help my team at The Strand Country makes a wise and positive decision. References Bateman, T.S & Snell, S.A (2004). Management: The New Competitive Landscape (6th edition). New York: McGraw-Hill Lahti, R.K. (1996). Group Decision Making within Organization: Can Models Help? Retrieved August 13, 2004, from http://workteams.unt.edu/reports/lahti.htm <Tab/>