...Decision-Making Process Paper By Chinyere Perry XMGT/230 A time in my life in which I had to make a personal decision was when I decided to rent my first home. It was a hard decision to make because I was married with two step-children, while we’re both working part time jobs. I have worked at my job for a year and a half and have recently gotten a raise. I was getting tired of renting a townhouse when I could pay the same and start renting a house. There were several steps that I knew I had to do in order to start renting my home. The first step was to identify the problem (Bateman & Snell, 2011). This was an important step that I had to make. I was renting a townhome when I could be renting a home instead. I needed a bigger home for my family. I also had to estimate all our finances. The second and third steps of (Bateman & Snell, 2011) did not meet any of my needs for this decision. The fourth step was making the choice (Bateman & Snell, 2011). I decided to get a four bedroom house with two bathrooms. This would give us enough room and it also was affordable for me and my husband to handle on our income. I found a lot to rent that had water included which worked out better for me. The fifth step I implemented the decision (Bateman & Snell, 2011) to purchase with a lender that I was able to afford on my income. I had also found home insurance that was reasonable. Finally, the sixth step was evaluating the decision (Bateman & Snell, 2011). After looking...
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...Decision Making MGT 230 University of Phoenix Decision Making There are have been several times in my life that I have had to make a decision that would affect both myself and my family both personally and professionally, but there is one career and life change specifically that I will focus on in this paper and discuss the outcome of my decisions and how it has carried into my life today. When I graduated from High School, I was offered a full ride scholarship to play football at Trinity International University (Trinity) in Deerfield, IL. Initially I declined the offer as I was unsure if that was what I wanted to do, but decided that I needed to give it a shot. So I moved to IL the summer of 2004. Unfortunately, I blew my knee out the first month I was there and was career ending. Although the knee injury was disappointing, it wasn't all that bad as I was able to make some connections with a few individuals that own a trading firm that trade on the Chicago Mercantile Exchange, which at the time, trading was very intriguing to me, so the connection was very important. I decided to move back home to AZ. In April 2006, I was presented with a job opportunity in Chicago, IL to trade on the Chicago Mercantile Exchange with the contacts that I created when I was at Trinity. At this time, I lived in Phoenix, AZ, which is where I was born and raised, so despite how incredible the opportunity was and how excited I may have been, I had responsibilities...
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...Decision-Making Process Paper MGT/230 Ashley Turner August 15th, 2012 Scott Romeo University of Phoenix DECISION MAKING PROCESS PAPER Decision making is a cognitive process resulting in a final choice. The process is a part of an individual’s everyday life. There are several factors that influence why individuals make the decision they do. The paper will describe each step of the decision making process. How similar self-decision are to the ones described in the text and how that decision could have been different if you had used the same steps included in the text. Decision making is the process in which companies organize a business. The right decisions reflect leadership There are numerous factors that influence decision making. Significant ones like past experiences factors include, a variety of cognitive biases, an escalation of commitment and sunk outcomes, individual differences, including age and socioeconomic status, and a belief in personal relevance. These concept all impact the decision making process. (DIETRICH, 2010).The decisions to go to school for me was difficult .I had to overlook all the positives and negatives before I made my decision. First I thought about how going to school could better my future. How it could impact my relationship with my family and how going to school could affect my time. Even though I wanted to go to school my past experiences in high school effected my decision to go sooner. I believed that school would better my chances...
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...Decision-Making Process Paper Sarah McKenzie MGT/230 May 21, 2012 Davis Fish Decision-Making Process Paper In 2009 I made the decision to enroll in school. Four years earlier in 2005 I received my high school diploma. Because of a bad circumstance after 26 day in the sixth grade school became a dream and I converted into a dropout. The process of getting back into school was a very challenging task to say the least. Early one Monday morning I identify that I needed an education to advance as well as set an example for my children. Once I recognized the need for schooling I contacted a local college to inquire about classes on adult studies for the GED. Receiving the information on what was needed for getting in school, social security card, birth certificate, and a state ID card, I decided to go and register for classes. The process started with talking with someone in admission to discuss registration, details about the GED classes, times, schedule, and what dates will classes began. The steps in the process that I used are similar in the way that I identify the need to get an education than made the choice and implemented my decision by going to school, receiving my high school diploma and seven years later in college studying for a degree in business. According to the text in this week reading, states that the stages of decision making are identifying and diagnosing the problem, generating alternatives solutions, evaluating alternatives, choice making, apply and...
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...Decision-Making Process Paper MGT/230 December 10, 2012 Decision-Making Process Paper A decision is a choice between two or more alternatives; if there is only one alternative there is no need to make a decision. The decision-making process has six stages. The stages of decision-making process consist of the following: 1. Identifying and diagnosing the problem 2. Generating alternative solutions 3. Evaluating alternative solutions 4. Making the choice 5. Implementing the decision 6. Evaluating the decision I believe that one of the biggest decisions that my wife and I had to make was deciding to relocate the family to the military base or stay in our home in Virginia. This was a huge situation for our family that needed to be addressed before making any decisions. My wife and I listed all the pros and cons of moving with her to the base and staying in our home in Virginia. Pros | Cons | Keeping the kids in a familiar place. | Not having my wife at home. | Being able to keep my job. | Trying to find a new job when reaching the base. | Not having to rush to sell the house at a reduced price. | Running the household without the assistance of my wife. | After my wife and I identified and diagnosed the problem, we decided to think of all possible choices that we can chose from that would be best for our family. After my wife and I made the decision that I would stay in Virginia with our children, we set down and had a long discussion...
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...Decision-Making Process Paper MGT/230 Decision-Making Process Paper Important decisions are made daily within my life that will ultimately affect my future. Lifelong challenges which include career path choices, personal wellbeing, and lifetime goals are constantly evaluated; seeking to achieve a greater result. The ideal decision-making process as described in (Management: Leading & Collaborating in a Competitive World) Bateman and Snell (2011) includes six stages: * Identify and diagnose the problem * Generate alternative decisions * Evaluate alternatives * Making the choice * Implementing the decision * Evaluating the decision I use this method to make decisions and evaluate all possibilities before implementing the idea into an action. When I decided to go back to school, I had the option to continue with my last employer to change for a lighter workload while attending. I did not want to limit myself to my previous hourly wage and position. I look at all alternatives before deciding to focus on school and obtaining my real estate license to establish another source of income. Implementing decisions are challenging in the sense that you may face opposition towards changes. (Decisions are likely to attract varying degrees of opposition, ranging from mild dissent to outright resistance.) ("Laynetworks", n.d) Once an idea is implemented into my daily life, I constantly evaluate my situation to determine if my actions are leading to my overall...
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...Decision-Making Process Paper Jackie Gonzalez MGT/230 June 9, 2014 Decision-Making Process Paper Making decisions is something most all do on a daily basis. How do you know if you make the correct decision? There are many factors to be taken in consideration while in the process for decisions. For example, when you make a personal decision to take on a new job role; knowing how to evaluate all aspects becomes crucial. About a year ago, I was offered a position within my organization as a Sales and Service Advisor. I knew from the beginning my current position as a Sr. Branch Associate was not where I wanted to stay at, so I began to evaluate my options. I brainstormed all the pros and cons of taking the new job role. I researched further as to how each pro and con would benefit and affect the organization, me directly, and my family. I came to analyze any potential risks, I would have based on my decision. Then, I had to determine what had more value and importance to me. From there on I made the choice to stay with my current job role. Even though from day one I knew I did not want to stay with the same position, I decided not to move because I would then be doing something that may have steered me away from my career goal. In comparison to the material on Ch. 3 of Management: Leading and Collaborating in a Competitive World, I believe the decision making process I took was quite similar because both had a root cause for decision making, made an evaluation of choices...
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...Decision-Making Process Paper 1 Decision-Making Process Paper Connie F Dents February 14, 2012 MGT/230 Steve Rosales Decision-Making Process Paper 2 Decision-Making Process Paper In everyday life we are challenged in making sound decision, decision that will last for a life time. Folk often wonder after making a decision if it was the right choice, will it affect the people around me, was this a good choice for my family, and will the decision affect them. The decision- making process should be one that makes a positive change. Can the decision making process work for organization as well as individuals. Before changing to the job that I have now, I had to decide if leaving the Register of Voters to take a job with the East Baton Rouge Parish School System would work out in my favor. Before making a hasty decision I listed my pros and cons to see what job will be the best, what job would I like working at, would there be room for advancement on the job, and which job had the best benefits. In making the right decision some of my decision- making came from that of the Stages of Decision-Making Process that we...
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...Decision Making Process Paper Roberta Willis Management Theory and Practice/ MGT 230 August 5, 2013 Yolanda Roach Decision Making Process Paper Sometimes making decisions are not always as easy to make as they should seem. There are stages of decision making that should be followed which are discussed in detail within chapter three of this week’s readings. Typically something’s maybe easier to decide on than others. There are six stages of the decision making processes which are: identify and diagnose the problem, generate alternative solutions, evaluate alternatives, make the choice, implement the decision and evaluate the decision (Pg 89). A decision I had to make recently involved a lot of thought due to being a huge change in my life, that decision was whether or not I should get back in school to better myself. I had been pushed several years by my parents to get back in school, although my excuse was I did not have the time, the money nor the drive to want it myself I wouldn’t do as good by choosing to go back just to satisfy and make others happy. After looking at the resources available for funding I thought to myself that maybe I should try it but then how would it work out with my career. While conducting my research on the tools I needed for continuing my education, I visited Sallie Mae’s website and discovered that you can take out loans to where you do not have to repay until after you have finished your degree. So that means the whole time you are a student...
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...Decision Making Process Paper Roberta Willis Management Theory and Practice/ MGT 230 August 5, 2013 Yolanda Roach Decision Making Process Paper Sometimes making decisions are not always as easy to make as they should seem. There are stages of decision making that should be followed which are discussed in detail within chapter three of this week’s readings. Typically something’s maybe easier to decide on than others. There are six stages of the decision making processes which are: identify and diagnose the problem, generate alternative solutions, evaluate alternatives, make the choice, implement the decision and evaluate the decision (Pg 89). A decision I had to make recently involved a lot of thought due to being a huge change in my life, that decision was whether or not I should get back in school to better myself. I had been pushed several years by my parents to get back in school, although my excuse was I did not have the time, the money nor the drive to want it myself I wouldn’t do as good by choosing to go back just to satisfy and make others happy. After looking at the resources available for funding I thought to myself that maybe I should try it but then how would it work out with my career. While conducting my research on the tools I needed for continuing my education, I visited Sallie Mae’s website and discovered that you can take out loans to where you do not have to repay until after you have finished your degree. So that means the whole time you are a student...
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...Decision-Making Process Paper Jovon Roberson MGT/230 December 17, 2012 Juan Mobley Decision-Making Process Paper My name is Jovon Roberson, I will be discussing my decision making process. I will try to supply research supporting my ideas. The paper will describe some steps of my process. I will compare some similarity to the text, and explain how some of the steps might be different. Most decisions people make in their life time will definitely be easy and some maybe very difficult. I truly believe that each individual is in control of their own destiny and in complete control of the decisions they have to make in their life time. My decision to start school was clearly decided right after I was terminated from my job. I was ill at the time and desperately needed to file for the family medical leave of absence so my job would not be in jeopardy, but that was a total loss. Once terminated I clearly had to make some important decisions about the future of my son and I, while thinking long and hard about how I was going to make ends meet. I had a discussion with one of my best friends and I came to the grips that I needed more than what I was getting and this really was my only option going to school. My steps are somewhat different from the ones in the text, but it is clear they there were important steps to take while making my decision to go back to school and I really believe it was one of the best decision I could have made. My decisions would have been different...
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...Decision Making Process Paper Bettie Jean Prayer MGT/230 January 28, 2013 Instructor Alvin Swanson Decision Making Process Paper We make decision every day in our life. There are big and small decision to make. I had to make a very big decision back when I was 18 years old and it was a decision that I had to make without have someone telling me what to do. I got pregnant by this guy that I was going with for six years and he want me to put my baby up for adoption, but I would not. I had a baby girl and that was 24 years ago. So he asks me to move out of his house and I did I moved in with my father for two months. When I moved out I find me a two bedroom apartment that was the first thing I did. The next thing I did was get a bed, stove, refreeze, and food for us to eat. Then I when looking for a job and got one working at a daycare center so I could put her in there why I was at school. I got my high school diploma and then I got a big house because I had four more children that made five because I have two boys and three girls when I got married my husband adoptive my oldest child. I when to work at another job making pizzas and I worked at that job for 10 years until I got sick and was put in the hospital. The last thing I was going to do is put my child up for adoption because she is my child. My daughter is 32 years old and has three girls of her very own. when it comes to making decision we all have to make sure that the decision that we make is the right one because if...
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...Krystal Simmons Decision-Making Process MGT/ 230 Nov 09, 2014 Decision-Making Process Every day in our daily lives, we make decisions in different situations. Some of those decisions are easy to make and others are quite difficult to implement. The organized decision-making process will help to control this issue and bring positive outcomes for people enrolled in it. I will provide in this paper decision-making process when I had to make a personal decision, such as enrolling in college. People face a wide range of opportunities every day, as well as certain challenges supporting this process, and the most difficult thing in the life of a person finishing school is to become enrolled in college of his or her dream. The decision-making process may become challenging for people due to the lack of structure and entail risk, uncertainly and conflict ( Managerial Decision Making, Chapter 3 pg 87). That is why people trying to make some important personal or professional decisions should have some appropriate model to follow in order to avoid such challenges. In the text, there are six steps or stages of decision-making process which may be attached to any problem or decision. First, it is important to identify and analyze the problem. My problem was the enrolling in college, as I wanted to enter a good college to build my future professional career. It was a tough decision to make because I was not sure if I am taking the right decision. In order to take this decision, I analyze...
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...Decision-Making Process Paper Management Theory and Practice, MGT/230 September 30, 2013 Decision-Making Process Paper Every day, individuals are faced with some of the hardest decision making processes. Over the years, Marvenia have worked for several companies that have provided her family with a roof over their heads and several other things to be grateful for. In 2009, she was faced with an opportunity to take a position with another company that offered her a better pay increase, lifelong benefits including 401k, paid vacation time, holiday pay, pension and much more. On her current job at the time, she was working part -time making minimum wage with no benefits. This paper will speak about a job changing decision Marvenia had to make to improve herself as well as her family. The Process The first step she had to make was to identify the problem. The problem was that the company whom she was currently working for was not paying enough money to provide for her children. Second, her current job only offered benefits to the full-time employees and she was only a part-time employee who made her ineligible for company benefits. The second and third step did not meet any of her needs at the time, so she went to the fourth step. The fourth step was to make a final decision. So she decided to go along with the job opportunity that was best fit for her and her children. She chose to work for the company who provided a better living opportunity as well as benefits needed...
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...Decision Making Process Paper Brittany Brock MGT/230 March 5, 2015 David Grier Decision Making Process Paper There has been a time in my life when I had to make a personal/professional decision. This decision resulted in a job change. I had been working at Capital One Bank for quite some time. I was beginning to get bored with the position that I was currently in at that time which was a teller position. Although I loved working in a bank I was just ready for something else because I had been working as teller for too long. My evaluations were always average and they did view me as a potential worker that had the possibility of being promoted to something higher. However, I was ready for an increase in my salary right away. I was ready for something a little more challenging right away. I became impatient. As the time passed, I started to search for a better job. Iberia Bank called me in for an interview as a lead teller. The interview went really well. The Stages A week later after interview, I received a phone call for a second interview. This interview was scheduled to be with the actual Branch Manager. He was very nice and he showed great interest in my skills and what I had to offer for the company. I left Iberia Bank feeling very confident. A few days later I received a phone call with an offer. They explained the benefits that would be offered to me along with the pay. The pay sounded great. But the benefits did not suffice. Capital One...
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