Nobody downloaded yet

Factors that influence decision-making - Essay Example

Comments (0) Cite this document
Summary
The Effects of Categorization and Social Influences on Decision-Making Insert Name Insert Grade Course Insert Insert Date Introduction Humans are bound to various decision making scenarios in their everyday life. As a result, decision making is an important phenomenon of everyone at all stages of life…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.6% of users find it useful
Factors that influence decision-making
Read TextPreview

Extract of sample "Factors that influence decision-making"

Download file to see previous pages However, the social factors and categorization may be the major influencers of individuals’ decision making. The social environment and categorization factors have in fact made impossible for human beings to make decisions with restraint rather than on free will. This paper will examine the various categorization and social influencers that may determine the way an individual makes decisions on a daily basis. The analysis will first look at the various cognitive processes that help create understanding. Consequently, the paper will then examine the various ways in which categorization and social factors determine how individuals make decisions. Cognitive Processes The various models of cognitive process of decision making point towards a dual process, in which individuals take either side of the model. The major theories of the cognitive process are the heuristic processing and risk relevant decision making process. A major common factor of the cognitive process models is the agreement that decision making develops with time. In other words, the process develops with age and hence the difference between adults and adolescents or children in terms of decision making. The heuristic model proposes that there are some forms of shortcuts that people may take in the process of decision making. ...
On the other hand, risk relevant decision making model proposes various ways in which the risk factor may affect the cognitive process. First is the ‘reasoned pathway’ framework that states that individuals will make decisions based on the likely consequences. Through this, humans will first weigh the situation and arrive at final decisions based on the benefits of choosing the available or possible scenarios of the required decision to be made. This framework therefore tends to avoid the risks that might be associated with making certain decisions over the others. In contrast, the ‘social reaction pathway’ frame work is based on the willingness of individuals to get involved in certain risky behavior. Since the cognition process is subject to time for development purposes, it is through this that adolescents are likely to get involved in risky behavior like drug taking, drinking, reckless driving among other things. In addition, emotions may also have an effect on the cognitive process and hence may largely affect decision making. Categorization Categorization is based on the model of social classifications. It is a wider form of stereotyping where people tend to have some form of abstract or general meaning of certain objects, people or places. As a result, decision making is pegged on these ideas. Generalization may involve the process of placing objects or people into categories (Crisp, 2002). This is necessitated by the need of cognitive process to become efficient by associating meaning to groups of objects or people. In the decision making process, this will mean that an individual will be likely to have a perception on the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Factors that influence decision-making Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/psychology/1473337-factors-that-influence-decision-making
(Factors That Influence Decision-Making Essay Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/psychology/1473337-factors-that-influence-decision-making.
“Factors That Influence Decision-Making Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/psychology/1473337-factors-that-influence-decision-making.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Factors that influence decision-making

Decision making

...? This paper examines two fundamental approaches to decision making: the rational theory and the prospective theory and how they relate to decision making in making demands during international mediation in inter-state conflicts. In the rational theory, the players identify the best results for the highest number of people before taking decision. The prospect theory on the other hand involves a situation where parties in negotiations seek the best results for themselves by consolidating their strengths and taking risk where they have weaknesses. This aims at maximizing self-interest goals of each party. The paper uses the two concepts to...
12 Pages(3000 words)Research Paper

Making decision

...? MAKING DECISION BY PRESENTED Making decisions In a couple of sentences outline why it is difficult to distinguish between clinical-decision making errors solely due to intuitive judgement or analytical judgement Hammond (1996) explains that intuition is a cognitive process that provides answers and idea solutions without using any conscience, or logically defensible processes. In other words, intuition cannot be made explicit while an analysis can be made explicit. As Bendal & Morrison (2009) assert, nurses are called to hold on the highest degree of professionalism in making any decision. As Bendal & Morrison (2009) elaborate, nurses in most cases have to apply evidence based practices to alive at any decision where a patient... is...
3 Pages(750 words)Assignment

Influence of Technology on decision making

...? Influence of Technology on decision-making Institute of affiliation Influence of Technology on decision-making Considerably, the topic Influence of Technology on decision-making addresses the issue, to which technology affects the making of decisions in organization. Technology entails the purpose of information in production, utilization as well as design of goods and services, further, the above is done as per the human activities in an organization. It is pertinent to heed that technology is literally divided into five categories. First, it is the...
6 Pages(1500 words)Assignment

Decision Making

...and evaluated whether to simply amend existing policies or to introduce a whole new law to solve the social menace. At a later point, the best option is chosen. The lawmaker either passes a resolution or a new law in accordance with their law-making process. Undeniably, there are many factors to consider in making a decision. This is based on the fact that how a decision is made is the determining point of whether or not the chosen act will produce a good or bad consequence. Hence, it is correct to say that decision making is part and parcel of human life which is vital to our continuing existence. Without such...
2 Pages(500 words)Admission/Application Essay

Social factors in Consumer decision making process

...Running head: CONSUMER BEHAVIOR Social factors in Consumer decision making process [Supervisor’s Social factors in Consumer decision making process The social factors that influence the consumer’s decision making process are family, culture and reference groups. The social factor in which the decisions of purchasing a product or a service depends on the participation of all family members is said to be family social factor. This is because a certain product or a service would be consumed by entire family members and...
2 Pages(500 words)Essay

Factors that would influence the decision-making process

... of the of the Health sciences and medicine 29 May A twenty one year old girl has an upper right central incisor that has been previously root filled and is still not settling. Discuss the factors that would influence the decision-making process, the management and treatment of this process using evidence based approach. Unsuccessful Root Filling When a tooth has been root filled and is still not settling, the next logical action is to evaluate and assess the reasons for the failure of root filling. The most important reason for endodontic failure is microbial infection which can be intraradicular or extraradicular.(1) There may be an extra canal that was overlooked during the original procedure and has now become infected. Even... is...
11 Pages(2750 words)Essay

Decision making

...1. You are on the team which was assigned to make the decision about whether or not to stop current production and fill the rush job order which has come in. The team is currently leaning toward stopping current production and fulfilling the custom job. Your role on the team is to be the “Devil’s Advocate.” What statement(s) would you present to the team as the Devil’s Advocate? -- I would be the Devils Advocate in the group by pointing out the following: 1. Our company would incur a loss in profit if we suddenly change production schedules due to the amount of time required in switching the equipment from large scale to mid-scale production. 2. The company is about two-thirds of the way through the...
1 Pages(250 words)Assignment

Decision Making

...Decision Making One firmly believes that the manner by which decisions are made depend on the individual’s exposure to situations requiring the use of diverse decision-making processes and the experience in selecting and using a particular method which had been deemed most consistently effective. Likewise, the educational background, various demographic factors, personal profile, and the situation which calls for the decision significantly influence the kind of decision-making to be used. As briefly explained in one of the course reading, intuitive...
2 Pages(500 words)Essay

Factors That Influence Consumers Purchasing Decision

.... This definition clearly exhibits the idea that consumer behavior is a decision-making procedure, which begins in the mind of the customers and leads towards a set if short-listed substitute products or services that can be purchased or availed to suffice their requirements. Subsequently, understanding consumer behavior is important because it assists organizations to develop strategies and ensure successful attainment of their marketing goals (Bello, 2008). Emphasizing the same notion, this essay intends to discuss about the factors that largely influence consumers’ purchasing decision. The objective is to understand how these factors contribute in determining the selection of products and/or services for the consumers... ...
15 Pages(3750 words)Essay

Economic Factors That Influence Manager Decision

...Economic Factors That Influence Manager Decision number Due Economic Factors That Influence ManagerDecision Introduction The business world has become more competitive as compared to decades ago. Organizations are implementing strategies that will not only see them be competitive in the market but also remain relevant. For this to happen, there is a need to always to be ready to embrace change that is brought forth by the different decisions that are made so as facilitate the change. In this light, multinational corporations have always faced challenges especially in the management level given the size of the organization. It is...
8 Pages(2000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Factors that influence decision-making for FREE!

Contact Us