1/- What are the Decision Models of evaluating the internal environment of the company that is doing a busniess? 2/- How do the decision models aid and hinder this, why?

What is the essence of decision theory, and how does it relate to making choices under uncertainty?

How can decision trees be utilized in decision theory to analyze and evaluate options?

29 The last step of the 8 steps decision making process is  A) developing alternatives B) identifying a problem C) implement the alternatives D) evaluating decision effectiveness

Which aspect of decision making is NOT ALWAYS part of a decision tree? the sequence of the decision making the states of nature and their probabilities the outcomes of an experiment O the individual decisions involved « Previous

6. A consumer has chosen the model of MP3 player that he intends to purchase. On his way to the store, he has a conversation with his sister about the MP3 player he is going to buy. She expresses her opinion about MP3 players. The factor that could come between the consumer's intention to buy an MP3 player and his ultimate purchase decision is directly related to O the consumer's evaluation process for MP3 players. Ounexpected situational factors surrounding the consumer's decision. O additional consumer research on MP3 players. O another's attitude toward the chosen product.

35 *:A criticism of the rational choice model of decision making is-17 Ajthat it is never followed in practice. O B)that it is too complex for people in organisations to understand. C)the assumption that decision makers have unlimited resources to search for and process information. Djall of the above O

1/- what are the Decision Models? How do the decision models aid, hinder this process and why? 2/- What other decision models are being considered and why?

a. Illustrate the EIGHT (8) steps of decision making graphically as suggested in the Decision-Making Process model. [Lakarkan secara grafik LAPAN (8) langkah pembuatan keputusan seperti yang dicadangkan dalam model Proses Pembuatan Keputusan.] b. By performing the step-by-step analysis recommended by the Decision-Making Process model, propose the model or brand that would give you the optimum solution in your quest for a new smartphone. (Dengan melaksanakan analisa langkah demi langkah seperti yang dianjurkan oleh model Proses Pembuatan Keputusan, cadangkan model ataupun jenama telefon pintar yang akan memberikan anda solusi yang optimum di dalam pencarian telefon pintar baharu.]

describe an original decision-making scenario that conveys how the Availability heuristic and associated bias(es) played a part in the outcome. Explain how the biases could have been overcome to improve the decision.