Influencing and Making Decisions - Tools and Styles

Running Head: Influencing and Making Decisions
Influencing and Making decision
Reflective analysis

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Executive Summary
All of us make decisions every day, and our decision have consequences on all of us,
thus it is always advised to take the decision after careful evaluation of all the
alternatives and thinking of all the possible ramification or consequences a decision
might have. The report here will talk about different styles of decision making which is
divided into two categories, namely cognitive style and intuitive style. I, personally use
cognitive style of decision making to arrive at a logical and rationale decision to a
problem. Plethora of decision making tools such as T-Chart, Market Research, SWOT
analysis, Pareto Analysis and more so are used to aide in the process of decision making.

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Table of Content
Introduction to the Topic................................................................................................................................ 2
Decision Making Process................................................................................................................................. 3
Establish a specific decision...................................................................................................................... 3
Collecting the details..................................................................................................................................... 3
Looking for alternatives.............................................................................................................................. 3
Weighing of all the factors..........................................................................................................................3
Picking the best option................................................................................................................................ 3
Implement the option................................................................................................................................... 4
Evaluation of the picked option............................................................................................................... 4
Decision making tools....................................................................................................................................... 4
Market Research............................................................................................................................................. 4
Decision Matrix............................................................................................................................................... 5
Cost-Benefit Analysis.................................................................................................................................... 6
SWOT Analysis................................................................................................................................................. 6
T-Chart................................................................................................................................................................ 7
Pareto Analysis................................................................................................................................................ 8
Feasibility Study.............................................................................................................................................. 8
Styles of Decision making................................................................................................................................9
Conclusion........................................................................................................................................................... 10
References........................................................................................................................................................... 11

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