2022
DOI: 10.1201/9781003030966
|View full text |Cite
|
Sign up to set email alerts
|

Rational Decisions in Organisations

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2

Citation Types

0
2
0

Year Published

2024
2024
2024
2024

Publication Types

Select...
2
1

Relationship

0
3

Authors

Journals

citations
Cited by 3 publications
(2 citation statements)
references
References 0 publications
0
2
0
Order By: Relevance
“…It is believed that individuals' decisionmaking ability is limited by both their internal and external environment, which may prevent them from making completely impartial decisions due to the limits of rationality (Simon, 2000). The rational decision-making style is defined as a logical evaluation of alternatives through extensive and detailed research, problem identification, fact-gathering, analysis of alternatives and consequences, and the process of decision-making (Adam et al, 2022;Scott & Bruce, 1995). The steps of a rational decision-making process are as follows: (i) identifying the problem that requires a solution; (ii) determining the solution scenario; (iii) conducting a gap analysis; (iv) collecting facts, options, and alternatives; (v) analyzing the consequences of the options; (vi) selecting the best possible option; (vii) implementing the solution decision and evaluating the outcome (Uzonwanne, 2022).…”
Section: The Relationship Between Rational Decision-making and Academ...mentioning
confidence: 99%
“…It is believed that individuals' decisionmaking ability is limited by both their internal and external environment, which may prevent them from making completely impartial decisions due to the limits of rationality (Simon, 2000). The rational decision-making style is defined as a logical evaluation of alternatives through extensive and detailed research, problem identification, fact-gathering, analysis of alternatives and consequences, and the process of decision-making (Adam et al, 2022;Scott & Bruce, 1995). The steps of a rational decision-making process are as follows: (i) identifying the problem that requires a solution; (ii) determining the solution scenario; (iii) conducting a gap analysis; (iv) collecting facts, options, and alternatives; (v) analyzing the consequences of the options; (vi) selecting the best possible option; (vii) implementing the solution decision and evaluating the outcome (Uzonwanne, 2022).…”
Section: The Relationship Between Rational Decision-making and Academ...mentioning
confidence: 99%
“…Rational decision-making involves a rigorous process that relies on objective information and logical reasoning. This includes determining the issue at hand, collecting relevant data, exploring choices and potential outcomes, carefully analyzing options, examining interconnections, and, finally, selecting from among feasible options (Adam et al 2022).…”
Section: Rapid and Rational Decision Makingmentioning
confidence: 99%