Rational Choice Decision Making Process - Rational Decision-making Model Video

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My "Rational Choice Decision Making Process - Rational Decision-making Model Video" video content:
Today we talk about rational choice decision making process.
The rational choice decision making process is a cognitive process used to make decisions by assessing options and their potential outcomes.
The process begins with the identification of the problem or opportunity and the clarification of what is wanted to be achieved.
This is followed by the generation of possible solutions or courses of action. Each option is then evaluated against predetermined criteria, such as likelihood of success and costs/benefits.
The most promising option is then chosen and, if possible, tested in a simpler and easier context to see if it will work.
The action is taken to implement it.
Throughout the process, feedback is gathered to allow for course corrections as needed (es for example in the testing step).
In conclusion, the rational choice decision making process is a systematic way of making decisions using critical thinking and logic. By understanding the steps involved in the process, you can use it to your advantage in all areas of your life.
Make your decisions, change your world.