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    Rational Decision Making Model: Improving Decisions

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    Consider the last decision that you have made (purchase of an automobile, purchase of a home, seeking a new job, etc.). Then, discuss that decision in terms of the rational decision making model. How could you have improved your decision?

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    The last decision I made was to purchase a new car. Using this example, the steps I followed are similar to those of the a rational decision making model. One version of a rational decision making model is one that has six steps. This model was taken from Scribd (2013).

    The Six-Step Rational Decision-Making Model
    1.Define the problem.
    2.Identify decision criteria
    3.Weight the criteria
    4.Generate alternatives
    5.Rate each alternative on each criterion
    6.Compute the optimal decision

    I will illustrate my decision making at ...

    Solution Summary

    A discussion regarding the rational decision making model and a specific example of purchasing a car using the model. 346 words, 1 reference.