Read the attached file.Part 1Come up with an example of a purchase decision referred to affect. In retrospect, whether or not the purchase decision was wise, how appropriate was this process?Come up w

Read the attached file.

Part 1

1. Come up with an example of a purchase decision referred to affect. In retrospect, whether or not the purchase decision was wise, how appropriate was this process?
2. Come up with an example of a purchase decision referred to an external authority. In retrospect, whether or not the purchase decision was wise, how appropriate was this process?
3. Come up with an example of a purchase decision referred to an intentional randomization. In retrospect, whether or not the purchase decision was wise, how appropriate was this process?

Identify a major purchase decision that a household or organization would face. Identify several different people who would have a voice in this decision. Explain the role (leader, veto, consultation, or inform) that each would want to play and the role that each should be allowed to play.

Your assignment should be two pages in length, double-spaced, 12-point font, Times New Roman.

Part 3

Reflect on how you would make a decision by identifying several important criteria, their weights, and the scoring of several alternatives. Explain which alternative would be preferred according to the Bayesian approach, and which would be preferred by a conjunctive approach. Which would be more appropriate and why?

Minimum words is 300. Cite references in apa format.