Decision making process assignment : MBTI

Added on - 24 Apr 2021

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Running head: DECISION MAKINGDECISION MAKINGName of the studentName of the universityAuthor note
1DECISION MAKINGExecutive summaryThe report is aimed at understanding the different concepts based on the determination of thedecision making process. It administers the personality type of the author and gives a detailedanalysis of the same. On the other hand, the report helps in the understanding of the differentmodels of decision making and the manner in which it can be applied to the personality trait ofthe author. Therefore, the main purpose of the report is to determine the different approaches ofthe decision making process and administer their applicability on a real life example for thebetter understanding.
2DECISION MAKINGTable of Contents1. Introduction..................................................................................................................................31.1 Purpose of the report..............................................................................................................32. MBTI analysis.............................................................................................................................32.1 Introvert.................................................................................................................................42.2 Intuitive..................................................................................................................................42.3 Thinking capability................................................................................................................52.4 Prospecting............................................................................................................................62.5 Turbulent................................................................................................................................63. Five models of decision making with examples from the practical life......................................63.1 Rational Decision making model...........................................................................................63.2 Satisficing model...................................................................................................................73.3 Incremental model.................................................................................................................83.4 Garbage can model................................................................................................................83.5 Retrospective decision making model...................................................................................94. Introduction of a new model that might apply to the personality type........................................95. Conclusion.................................................................................................................................10References......................................................................................................................................12Appendix........................................................................................................................................15
3DECISION MAKING1. IntroductionDecision making is an important process that helps in determining the priorities forundertaking the change in order to undertake continuous improvements. The process involves asystematic consideration of the ideas and the actions that might be taken in order to undertake theimprovements (Friess, 2012). The report is aimed at understanding my personality in order todetermine the effectiveness and the applicability of the models of decision making in order tounderstand the effectiveness of the decisions taken by me. The introduction of the MBTI testhelps in understanding the personality I possess and the manner in which the personality will behelping me in taking the most required decisions for the improvements in the individual and thesocial levels.1.1 Purpose of the reportThe purpose of the report is to understand the different aspects of the decision makingprocess and the identification of the models that will be helping in determining the effectivenessand the systematic approach of the decisions. On the other hand, the report aims at understandingthe applicability of the decision making models on the personality test result I have gainedthrough the MBTI and their effects on the progress of the same.2. MBTI analysisThe test that was being undertaken by me has helped me in understanding the personalitytype to which I belong. The type of personality that I received is theLogician (INTP-T)whichhas helped me in determining the type of decision making model that might be undertaken by me(Refer to the Appendix). This section of the report will be analyzing and describing my
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