what is the 9 step decision making model that was proposed by Uustal

Question

David · Accepted Answer

The 9 step decision making model is proposed by David Welsh in his book 'Decisions, Decisions'. 
He calls it a subjective expected utility maximisation process. A utility, he explains, is a technical term 
used by economists and philosophers to indicate happiness, pleasure or satisfaction. 
The 9 step decision making model 
Step 1 - Identify your objective 
What is it you wish to achieve? 
Step 2 - Do a preliminary survey of your options 
Besides the most obvious choices available to you, what other kinds of options can you think of? 
Step 3 - Identify the implicated values 
What values are at stake here? If it's an easy or unimportant decision you may not necessarily do this 
step. But if the decision has a major impact on your wealth, your health or self-respect, then it's useful 
to be aware of it.

what is the 9 step decision making model that was proposed by Uustal

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment