Question

Define decision making.what is rational decision making process?

Answer 1

Explanation:

Rational decision making is a multi-step process for making choices between alternatives. The process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. The word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

Answer 2

Answer:

Rational decision making is a multi-step process for making choices between alternatives. The process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. The word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

The approach follows a sequential and formal path of activities. This path includes:

Formulating a goal(s)

Identifying the criteria for making the decision

Identifying alternatives

Performing analysis

Making a final decision

Explanation:

Rational decision making is a multi-step process, from problem identification through solution, for making logically sound decisions.