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Rational decision-making model
Factors influencing perception
Maslow’s Hierarchy of Needs Theory:
Management by objective MBO:
Effective decision-making is the tool that recognized best performance integration in organization. Every activity in the organization required effective decision-making to pursue well development organizational goals. The strategically implications of organizational goals is attained by well competitive decision-making. The model of decision-making has immense importance in everyday business life. In organizational behavior, decision-making are concerned how decisions are developed and perceptions are made. Decision-making plays a significant and vital role in that organizational behavior. Decision-making take places as a response to a problem. A best decision is made by talking certain alternatives and then extracts best solution of the problem. A decision based on different alternatives that gained from the data collection. The Perception of people influences the entire process of decision-making. This process contains from problem acknowledgment to data selection to different chosen.
Individuals in the organization made decision-making according to the needed requirements. Certain models are applied in the organization to sustain in the environment. Here we discuss about rational decision making that has certain steps that followed in the organizations. First problem is defined to execute the planning in effective manner. The criteria of decision are identified and then allocation of weights is given to best suitable perception. Alternatives of solutions are listed to get the best options. Evaluate the alternatives based on the certain characteristics and attributes are stated in the descriptions. In last best alternative is selected by evaluating the method of weight age. This model is actually applied in organization is that more practical method to achieved desired goals and objectives.
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Subject: Integrated Marketing Communication
Subject: Consumer Behavior
Type: Research Paper
Subject: Business-to-Business Marketing