Decision making

Introduction

We make decisions everyday,from what to have breakfast(assuming we have made the decision to have breakfast) to what TV programs to watch in the evening. such decision are so routine that we give them little thought. However,as our decision increase in importance we give the decision making process more weight. The importance of decision is subjective and varies from person to person- for example, one person may find it very easy to decide which model TV set to buy, while another may agonize over purchase of simple birthday card.Most decision makers teach themselves. But because they adopt a trial and error approach they are seldom systematic and seldom learn from feedback. They make similar errors.They rush to look for solutions before properly defining the problem, or they fail to collect all available information, or they place too much confidence on thier judgement. Modern studies in decision making, however, show that people can learn to make effective decisions, in the same way they can learn to play a golf stroke or a tennis backhand.....