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ELEMENTS OF DECISION MAKING

ELEMENTS OF DECISION MAKING

There are following elements in decision making:

1 the decision maker.

2 the decision problem or goal.

3 attitudes values and personal goals of the decision maker.

4 assumptions with regard to future events and things.

5 the environment in which decision is to be made.

6 available known alternatives and their estimated or imagined outcomes.

7 analytical results in the whole perspective.

8 the constraints.

9 the act of selection or choice.

10 timing of decision and

11 Proper communications of decisions for its effective execution.

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