Mgt 305 1st Edition Lecture 20 Outline of Last Lecture I Equity Theory II Types of Justice III Expectancy Theory Outline of Current Lecture I Decision Making II Decision Making Process Current Lecture Decision A choice among two or more alternatives Problem An obstacle that makes it difficult to achieve a desired goal or purpose Decision Making Process Step 1 Identifying a problem Step 2 Identifying decision criteria Step 3 Allocating weights to the criteria Step 4 Developing alternatives Step 5 Analyzing alternatives Step 6 Selecting alternatives Step 7 Implementing alternatives These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute Step 8 Evaluate the decision effect
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