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    Decision Making

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    1. List the major decisions that you have made during the past year, and identify the decision-making conditions under which those decisions were made. Determine whether you recognized those conditions at the time, whether those were truly fixed conditions or if they could have been changed, and whether recognition of those conditions might have affected your decision.

    2. Use the decision-making tools, especially decision trees, to make a decision involving an educational or career decision of yours.

    3. Identify four examples of standing plans that you use in your daily life.

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    Management - Short answer
    1. List the major decisions that you have made during the past year, and identify the decision-making conditions under which those decisions were made. Determine whether you recognized those conditions at the time, whether those were truly fixed conditions or if they could have been changed, and whether recognition of those conditions might have affected your decision.

    Major Decisions 2009: Decision-Making Condition
    A. Relocation to a new place - Uncertainty
    When I made the decision to relocate to a new place, it was based on impulse. I knew that it was a risky decision because I didn't have a job, I only had savings and my skills, education and experience with me to be able to find a source of income to continue staying in the place. I didn't have any relatives to go to and I was depending on a friend to help me find a place and a job. I recognized the conditions at the time but I needed to have a change in my life and going to another place was the best option that I could have done. Perhaps if I didn't have enough savings, it would have been harder for me to decide to risk in going to another place because uncertainty of what will happen when I go there would be high.
    B. Resignation from job - Risk
    It was risky resigning from a job without another job waiting for you and knowing that you have to feed yourself and a few family members. I knew it was a big risk and almost everybody will agree to me. Yes, I may have savings but until when will they be able to support me and my family? When am I going to have a new job that ...

    Solution Summary

    Decisions made and its decision making condition and using a decision tree in decision making. References are included.

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