Scientific Decision Making
$ d risk (Not Intuition )
logical rational approach to decision
making
.
-
,
it involves :
Limitations of scientific
problem I opportunity mating
1) Recognise decision .
a
to be made Data
decision has
may be expensive
-
=
a
•
to
what to achieve collect eg small business
2) setting objectives
-
-
reliable
•
Data not always
criteria 13 how
3) setting decisiondecision is
.
Cannot always predict
each
important what will happen
.
,
4) Developing $ identifying alternatives external 1 internal factors .
5) compairing alternatives by
analysing data .
6) choosing and implementing
a
course of action .
7) the effectiveness of the
Reviewing
decisions .
$ d risk (Not Intuition )
logical rational approach to decision
making
.
-
,
it involves :
Limitations of scientific
problem I opportunity mating
1) Recognise decision .
a
to be made Data
decision has
may be expensive
-
=
a
•
to
what to achieve collect eg small business
2) setting objectives
-
-
reliable
•
Data not always
criteria 13 how
3) setting decisiondecision is
.
Cannot always predict
each
important what will happen
.
,
4) Developing $ identifying alternatives external 1 internal factors .
5) compairing alternatives by
analysing data .
6) choosing and implementing
a
course of action .
7) the effectiveness of the
Reviewing
decisions .