Decision Making

Decision Making

1. Definition

   • They are Conscious and unconscious responses to daialy activities
   • They allow the generation of strategies for each situation
     • Elements
       • Decision alternatives
       • Environment or context
         • Certainty
         • Risk
         • Uncertainty
       • Function or evaluation of results
   • Qualitative and quantitative analyses are used

2. Process for an excelent shot

   • Design
     • Plan different alternatives out of the ordinary
   • Intelligence
     • Recognize and review the problem
   • Selection
     • Opting for the best alternative
       • implementation
         • Activities evaluated and put into action according to the selected alternative
   • Review
     • Verifies the efficiency of the actions on having given solution to the problem

3. Support tools

   • Game theory
   • Decision matrix
   • Decision tree
   • Pareto Analysis

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