Question
Manish is going on a vacation and needs to book a hotel.
He shortlists 3 hotels and is now comparing them on basis of cost, facilities available and proximity to tourist sites. Which step of decision making is Manish performing?Solution
The steps in decision making include: · Identification of the problem or goal · Identification of criteria and importance of those criteria · Generate alternatives/ Identify alternatives · Gather evidence and evaluate alternatives · Select 'best' alternative i.e. take decision · Review of the decision Here, Manish has already identified the alternatives (shortlisted 3 hotels) and is now evaluating them based on his criteria (cost, facilities available and proximity to tourist sites).
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