Transcription of THE DECISION MAKING PROCESS - National Forum
{{id}} {{{paragraph}}}
National Forum OF EDUCATIONAL ADMINISTRATION AND SUPERVISION JOURNAL VOLUME 27, NUMBER 4, 2010 1 THE DECISION MAKING PROCESS Fred C. Lunenburg Sam Houston State University _____ ABSTRACT DECISION MAKING is one of the most important activities in which school administrators engage daily. The success of a school or school district is critically linked to effective decisions. In this article, I discuss how individual decisions are made. I describe and analyze two basic models of DECISION MAKING : the rational model and the bounded rationality model.
However, if the cost of evaluating an additional alternative is $250,000, the evaluation costs $50,000 more than the possible savings. As a rule of thumb, the increase in the improvement of a solution should always be more than the cost of performing the additional evaluation of an alternative.
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
{{id}} {{{paragraph}}}