GOOD DECISION MAKING

Good Decision Making



Good Decision Making

Introduction

The paper discusses the criteria of decision making and the requirement for making right decision. It discusses the concept of assumption in terms of management example, and evaluates the measuring methods of the SUV and airline management decision.

Criteria for Good Decision Making

The decision made should follow the following criteria to be regarded as commendable and feasible decision. These criteria are:

The decision should be measurable and consistently applied to allow for the consistent comparisons for various alternatives. The criteria should be able to differentiate the relative degree of impact across the alternatives.

The decision should ...