decision-making situation

  • 1Decision-making paradox — The word paradox (parádoxon (παράδοξον) in Greek) comes from the Greek words para (meaning against, contrary to) and doksa or doxa (meaning belief, understanding). A paradox is a seemingly true statement or group of statements that lead to a… …

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  • 2Dynamic decision-making — (DDM) is interdependent decision making that takes place in an environment that changes over time either due to the previous actions of the decision maker or due to events that are outside of the control of the decision maker.[1][2] In this sense …

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  • 3Rational Decision-Making Model — The Rational Decision Making Model is a process for making logically sound decisions. [Robbins, Stephen P., and Timothy A. Judge. Organization Behavior. 12th ed. Upper Saddle River, New Jersey: Pearson Prentice Hall, 2007. 156 158.] The model… …

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  • 4Group decision making — (also known as collaborative decision making) is a situation faced when individuals are brought together in a group to solve problems. According to the idea of synergy, decisions made collectively tend to be more effective than decisions made by… …

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  • 5Responsible decision making — People have different ways of making decisions. Inactive decision making is delaying a decision in the hope that the situation will resolve itself. Reactive decision making is allowing the views and opinions of others to determine your decision.… …

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  • 6participative decision making — The inclusion of employees (or their representatives) in the process of management decision making. This can range from a fairly limited form of consultation to a situation in which workers take responsibility for major decisions. See industrial… …

    Big dictionary of business and management

  • 7decision tree — noun A visualization of a complex decision making situation in which the possible decisions and their likely outcomes are organized in the form of a graph that resembles a tree …

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  • 8Situation awareness — Situation awareness, or SA, is the perception of environmental elements within a volume of time and space, the comprehension of their meaning, and the projection of their status in the near future. It is also a field of study concerned with… …

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  • 9Decision downloading — Decision downloading[1] refers to communicating a decision to those who have not been involved in the decision making process. The term “decision downloading” is used to set apart those special situations in which decision makers communicate a… …

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  • 10Decision theory — in economics, psychology, philosophy, mathematics, and statistics is concerned with identifying the values, uncertainties and other issues relevant in a given decision, its rationality, and the resulting optimal decision. It is closely related to …

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