Describe these decision-making models:
Running Head: DECISION MAKING MODELS
Decision Making Models
Rational Decision Making Model
Rational decision making is important for an individual, as well as, an organization. It is due to the reason that in case of irrational decision making, the outcomes of the decisions will not be beneficial from an individual's and organization's perspective. Biasness affects the ability of an individual to make rational decisions. It makes rational decision to convert into irrational. On the basis of the facts analyzed from the surroundings, an individual develops a perception towards some situations and becomes biased in making decisions (The six step rational decision making model, 2007).
The Rational Decision-Making Model is a procedure for making rationally sound decisions. The model has been evolved from the field of Organization behaviour. This decision ...
Rational and Carnegie decision making models are examined.