StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Making Decisions - Assignment Example

Cite this document
Summary
The paper "Making Decisions" highlights that a way to ensure that we have looked at a situation from every possible angle is to get more people involved in the thinking process. A group of six to eight people can be gathered to learn the opinions of others regarding the situation. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.9% of users find it useful
Making Decisions
Read Text Preview

Extract of sample "Making Decisions"

DQ1A way to keep things in perspective is not to make quick decisions based on emotional impulses. In order to prevent emotions and biases to interfere with the decision making the process, a person can create a safe haven by involving others in the decision. Managers can use the input of their employees in order to gain different points of view on the situation.DQ2I utilize critical thinking all the time when making decisions. A few months ago I had to make a buying decision concerning a new laptop.

I had a fixed budget of $1000. Prior to buying the computer, I analyzed the situation and I performed research on different laptop computer models at my price point. I perform critical thinking throughout this buying process. Eventually, I found a computer that satisfied my needs and my budget constraint. DQ3Thinking outside the box involves generating ideas and finding solutions to problems in unusual places. For example, a company that has done business domestically for 50 years, suddenly its manager thinks outside the box and introduces international expansion as a potential solution to achieve the desired sales growth.

A person that thinks outside the box is open to possibilities others do not consider. DQ4A critical thinking technique that I utilized when making decisions is to put myself in the place of others and analyze what others would think of the decision. This technique helps me envision the different perspective that stakeholders would have and what the opinions of others might be regarding the different alternatives.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Making Decisions Assignment Example | Topics and Well Written Essays - 250 words, n.d.)
Making Decisions Assignment Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/psychology/1576647-dq-responses
(Making Decisions Assignment Example | Topics and Well Written Essays - 250 Words)
Making Decisions Assignment Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/psychology/1576647-dq-responses.
“Making Decisions Assignment Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/psychology/1576647-dq-responses.
  • Cited: 0 times

CHECK THESE SAMPLES OF Making Decisions

Making Decisions in a Legal Context

Making Decisions in a legal context (60%) Q1.... … Making Decisions in a legal context (60%) Q1.... To ensure compliance, describe how the business would manage personal information about staff employed or contracted by the business to conduct BAS Agent services – their qualifications, experience and police checks....
3 Pages (750 words) Research Paper

Making Decisions Based on Demand and Forecasting

Making Decisions Based on Demand and Forecasting Date Dominos pizza is a United States restaurant chain, which also offers its pizza delivery services internationally.... The number of pizzas people will buy is dependent on the price of pizzas they can afford especially based on the income they are making....
3 Pages (750 words) Assignment

Sales Revenue in Return of Facebook Marketing

Making Decisions in Business Introduction Research scholars such as Saunders, Lewis and Thornhil (2009) pointed out that business reach is important part of strategic decision making for companies.... hellip; With the growing of technology and software classification, companies have started Making Decisions by optimizing historical data (Gray, 2009).... Hence, the business world is moving from content driven decision making to data driven making....
12 Pages (3000 words) Essay

Analytical tools in making decisions concerning increasing commodity price

Analytical tools in Making Decisions concerning increasing commodity price The price of any product affects the sales of any company, which exponentially affects the profits acquired by the company.... The government is the referee in making sure that there is fairness in the business.... In any decision making process of any profitable company coming up with price rise is usually a tricky situation as it directly touches on the customers' feelings....
8 Pages (2000 words) Essay

Managing Oneself

It is crucial to recognize probable gaps in education, weak points, and lack of experience to be able to act adequately in any critical situation.... It is also important to… e personal strengths without overestimating them because arrogance and ignorance can disable a person, a manager when serious actions must be taken (Drucker, 1999)....
9 Pages (2250 words) Term Paper

Problem Solving and Decision-Making in the Government Utility Company

The Government Utility Company provides communities with reliable electric services and also conducts a consultancy practices aiming to facilitate the other utilities companies in their striving to serve people.... The Company has several managers who provide electricity to the… umers and are dealing with consultants and contractors whose enterprises work by their clients, when necessary approvals from the utility should be taken in order to connect the electricity to their projects....
5 Pages (1250 words) Assignment

Making Decisions in Business Situations

The author of the "Making Decisions in Business Situations" paper states that not all the deeds of an organization be slated as clean and fair rather some of these are hidden from the common knowledge of even the workers who are working tirelessly upon them.... These decisions are very crucial to the outcome of a project but certain things should be kept in mind that information is the single most significant thing in this whole process.... Decision-making is indeed a very complex and well-developed area, one that has to be looked at by the researchers and lecturers with particular care....
6 Pages (1500 words) Essay

Solving Problems and Making Decisions

Trying to be a perfectionist, and hence keep on conducting research and making corrections to the work.... The focus of this paper is on procrastination as “the voluntary delay of an intended action despite the knowledge that this delay may harm the individual in terms of the task performance or even just how the individual feels about the task or him/herself”....
3 Pages (750 words) Research Paper
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.
Contact Us