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Decision making - Coggle Diagram
Decision making
Types of Conditions under decision making
Uncertainty
Risk
Certainty
Ambiguity
The rationale of decision making
Develop alternatives
Evaluate alternative and select the best one
Investigate the situation
Implement and monitor
Group Decision Making
Nominal Group Technique
Delphi Technique
Brainstorming
Devil's Advocate
Disadvantages of GDM
Group think may occur
The process takes longer than individual decision making
One person may dominate the group
Advantages of GDM
Better decisions generally emerge
More acceptance of the final decision is likely
More information and knowledge available
Types of Decision Making
Program
Non - Program