Stages in the Decision-Making Process

Stages in the Decision-Making Process

Assessment

Flashcard

Business

Vocational training

Medium

Created by

Carson Clarke

Used 2+ times

FREE Resource

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22 questions

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1.

FLASHCARD QUESTION

Front

This stage involves comprehending the situation at hand, including the context and the problem that needs to be addressed.

Back

Stage 1: Understanding the scenario

2.

FLASHCARD QUESTION

Front

In this stage, relevant information and the sources from which to obtain this information are identified to aid in decision-making.

Back

Stage 2: Identifying information and sources

3.

FLASHCARD QUESTION

Front

This stage considers various factors that can influence the quality of information, such as currency of data, accuracy of data, and external factors.

Back

Stage 3: Factors affecting the quality of information

4.

FLASHCARD QUESTION

Front

Refers to how up-to-date the information is, which can impact its relevance and usefulness in decision-making.

Back

Currency of data

5.

FLASHCARD QUESTION

Front

Involves ensuring that the information is correct and reliable, which is crucial for making informed decisions.

Back

Accuracy of data

6.

FLASHCARD QUESTION

Front

These are outside influences that can affect the quality and availability of information, such as economic, social, or technological changes.

Back

External Factors

7.

FLASHCARD QUESTION

Front

This stage involves examining and interpreting the gathered information to understand its implications and relevance to the decision-making process.

Back

Stage 4: Analysing Information

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