3. INTRODUCTION:
Decision making can be regarded as the mental
processes resulting in the selection of a course
of action among several alternatives. Every
decision making process produces a final
choices. The output can be an action or an
opinion of choice.
4. Decision making steps:
There are eight steps of decision making:
Identification of problem
Identification of decision criteria
Allocating weight to criteria
Develop alternatives
Analysis of alternatives
Selection of alternatives
Implementation of the best alternatives
Evaluation of decision effectiveness
5. Problem
The decision-making process begins when a manager
identifies the real problem. The accurate definition of
the problem affects all the steps that follow, if the
problem is inaccurately defined, every step in the
decision-making process will be based on an incorrect
starting point. One way that a manager can help
determines the true problem separately from its
symptoms.
6. Step 1: Identification of problem
A problem is defined as a discrepancy between an
existing and a desired state of affairs. Some cautions
about problem identification include the following:
1. Make sure it’s a problem and not just a symptom of a
problem.
2. Problem identification is subjective.
3. Discrepancies can be found by comparing current results
with some standard.
4. Managers are not likely to characterize a discrepancy as a
problem if they perceive that they don’t have the authority,
information, or other resources needed to act on it.
So the problem we are not identifying is to get a job in a school
with maximum salary and benefits.
7. Step 2: Identification of Decision Criteria
Decision criteria are factors that are important to
resolving the problem:
So the factors which are relevant in solving our
problems are:
1. Salary
2. Opportunity to progress
3. Job Environment
4. Incentives
5. Facilities
6. Job securities
7. Location
8. Timings
8. Step 3: Allocation of Weight to criteria
Step 3 is allocate weights to the criteria. The
criteria identified in Step 2 of the decision
making process are not all equally important, So
the decision maker must weight the items in
order to give them correct priority in the
decision.
9. Step 4: Development of Alternatives
Identifying viable alternatives:
Alternatives are listed that can resolve the problem:
Name of schools
1) Unique
2) American Lycetuff
3) LDA
4) Allied
5) Cathedral
10. Step 5: Analysis of Alternatives
Appraising each alternative’s strengths and weaknesses:
Evaluating using Decision Criteria and Evaluating Weighted Criteria
