Decision-Making Model Analysis

Paper Summary:

This paper describes a particular decision-making model and explains how the model was used by the writer in a recent job-related decision. It shows how critical thinking also impacted the decision. The paper lists the three phases and seven steps of the analytic hierarchy process and discusses how it was applied to the writer's job as a category manager for a food service distributor.

Table of Contents:
Abstract
Decision-Making Models
Decision-Making Model
Analytic Hierarchy Process
Application of Analytic Hierarchy Process
Decisions and Critical Thinking
Conclusion

From the Paper:

""Decision-making is the cognitive process of selecting a course of action from among multiple alternatives" (Wikipedia 2005). The effect of the decision-making process will result in a choice. The choice may be derived through rational or irrational reasoning as well as factual basis or assumptions. Businesses today will invest the time and money necessary to train associates in critical thinking skills as well as decision-making models. A common decision-making model is the Analytic Hierarchy Process."

Sample of Sources Used:

• Bateman, Thomas S., Snell, Scott (2004). Management: The New Competitive Landscape, Chapter 3 p. 1-17. The McGraw-Hill Companies.
• Google Internet Search Engine. (n.d.). Retrieved Feb. 12, 2006, from http://google.com/search?.
• Wikimedia Foundation, Inc., (2006). Analytic Hierarchy Process. Retrieved Feb. 11, 2006, from Wikipedia, the free encyclopedia Web site: http://en.wikipedia.org/wiki/Analytic_Hierarchy_Process.

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