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What factors do you think differentiate good decision makers from poor ones? Relate your answer back to the six-step rational model.

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What factors do you think differentiate good decision makers from poor ones? Relate your answer back to the six-step rational model.
Answered Same Day Dec 24, 2021

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David answered on Dec 24 2021
104 Votes
What factors do you think differentiate good decision makers from poor ones?
Relate your answer to the six-step rational decision-making model.
Factors that differentiate a good decision maker from the poor ones are
ï‚· Rational: optimizing decision maker is rational.
ï‚· Consistent: Consistent in choices or taking consistent choices
ï‚· Value Maximizing: Good in maximizing the value
ï‚· Objective and logical: Fully objective and logical in taking decision
ï‚· Goal oriented: decision making should be goal oriented.
All of these factors are very well defined in the rational decision making model as
discussed below.
Six step Rational Decision Making Model
Individual...
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