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Decision Making Techniques, Tools and Approaches

Decision-making models, tools, and approaches are widely used in businesses today and, as a result, they are becoming more complex and specialized.

  1. Describe the advantages and risks associated with using these tools. Avoid phrases such as “I think, feel, or believe.” Graduate students must be able to prove their assertions and opinions, and thus you must support your answer with research and provide two in text citations.
  2. Practical Application: Describe some of the tools your organization uses (or could use), or provide a real-world example of tools in action. If your organization does not use such a tool, recommend one it should use and offer a reason for your recommendation.
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