Decision Making

This is the essential activity of business management.

Rational Decision making model

This model helps making decisions based in logic and rational.

1. Understand the Scope and the Problem Example: Low production due to old machines

2. Create evalutation Criterias Example: production amount,quality, cost

3. Research solutions Example: Different machine models

4. Evaluate the solutions Based on the evaulation criterias

5. Make a choice Select the best machine.

6. Implement in practice Buy, integrate...