Mgt/230 Week 1 Assignment

Topics: Decision making, Decision theory, Decision making software Pages: 2 (826 words) Published: November 26, 2012
Mgt/230 Week 1 Decision Making Process Paper
University of Phoenix

People should make decisions every day, some of those decisions are easy to make, while others are quite difficult to implement. An appropriately combined and organized decision-making process will help to control this issue and bring a positive outcome for those involved. The decision-making process may become challenging for people due to “the lack of structure and entail risk, uncertainly and conflict” (Bateman and Snell, 2012, p. 86). That is why people trying to make important personal or professional decisions should have an appropriate model to follow in order to avoid these challenges. Bateman and Snell identified six steps or stages of decision-making process which may be attached to any problem or decision. First, it is necessary to identify and analyze the problem. The problem at hand for me was the necessity to purchase my own home. In 2002 I was renting a home in a small city with my husband and son living there as well. The house was also shared with my Mother-in-Law, and it was too small for all four of us to share. My husband and I realized after a short period of time that this living situation was not going to work out and that we should start looking for a place of our own. Since I am an animal lover and was the owner of one horse and one dog at that time, finding a home that also had a small amount of acreage was also necessary to accommodate us all. Generating and evaluating alternative solutions (steps 2 and 3 in the decision making process) was really not an option for us as we knew exactly what we would have to do if we were to obtain the right place for all of us to live. The only alternative solution in this situation would have been to rent a large piece of property with a larger home and we had come to a point in our lives where purchasing seemed like the better investment. Step 4 in the decision making process is, making the choice. We searched around for...

References: Bateman, T.S., & Snell, S.A. (2010). Management: leading & collaborating in a competitive world (9th ed.). Retrieved from The University of Phoenix eBook Collection database.
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