"Decision-making can be regarded as the cognitive process resulting in the selection of a belief and/ or a course of action among several alternative possibilities. Every decision-making process produces a final choice that may or may not prompt action. ...
Decision-making can also be regarded as a problem-solving activity terminated by a solution deemed to be satisfactory. It is, therefore, a reasoning or emotional process which can be rational or irrational and can be based on explicit assumptions or tacit assumptions. Most decisions are followed by some form of cost-benefit analysis. Rational choice theory encompasses the notion that people try to maximize benefits while minimizing costs.
Some have argued that most decisions are made unconsciously, if not involuntarily. Jim Nightingale, author of Think Smart – Act Smart, states that "we simply decide without thinking much about the decision process. ...
A major part of decision-making involves the analysis of a finite set of alternatives described in terms of evaluative criteria. Information overload occurs when there is a substantial gap between the capacity of information and the ways in which people may or can adapt."" [Decision-making. Wikipedia]
The block diagram example "Customer decision making" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Block Diagrams solution from the area "What is a Diagram" of ConceptDraw Solution Park.
Decision-making can also be regarded as a problem-solving activity terminated by a solution deemed to be satisfactory. It is, therefore, a reasoning or emotional process which can be rational or irrational and can be based on explicit assumptions or tacit assumptions. Most decisions are followed by some form of cost-benefit analysis. Rational choice theory encompasses the notion that people try to maximize benefits while minimizing costs.
Some have argued that most decisions are made unconsciously, if not involuntarily. Jim Nightingale, author of Think Smart – Act Smart, states that "we simply decide without thinking much about the decision process. ...
A major part of decision-making involves the analysis of a finite set of alternatives described in terms of evaluative criteria. Information overload occurs when there is a substantial gap between the capacity of information and the ways in which people may or can adapt."" [Decision-making. Wikipedia]
The block diagram example "Customer decision making" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Block Diagrams solution from the area "What is a Diagram" of ConceptDraw Solution Park.
Cross-Functional Flowchart
Cross-Functional Flowchart - to draw cross functional process maps is by starting with a cross-functional flowchart samples and templates. Easy to draw sample cross functional Process Flow Diagrams. Using a Cross-Functional flowchart is a clear way of showing each team member’s responsibilities and how processes get shared or transferred between different teams and departments.Use cross-functional flowcharts to show the relationship between a business process and the functional units (such as departments) responsible for that process. To create it use the best flowchart maker of ConceptDraw PRO.
Influence Diagram
This sample shows the Influence Diagram. It was created in ConceptDraw PRO diagramming and vector drawing software using the Basic Diagramming Solution from the Universal Diagramming area of ConceptDraw Solution Park.Influence diagram represents the directed acyclic graph with three types of nodes and three types of arcs that connect the nodes. Decision node is drawn as a rectangle, Uncertainty node is drawn as an oval, Value node is drawn as an octagon.
Influence Diagram Software
Influence diagram (ID) is a graphical and mathematical representation of the decision. Influence diagrams are widely used in the decision analysis and in the game theory. They are the alternative to the decision tree. The influence diagram gives to analyst the high-level conceptual view that it can use to build the detailed quantitative model.This sample shows the Influence diagram. It is a directed acyclic graph with three types of nodes: Decision node is drawn as a rectangle, Uncertainty node is drawn as an oval, Value node is drawn as an octagon. The nodes are connected with arcs.
Basic Flowchart Symbols and Meaning
Flowchart Symbols and Meaning - Provides a visual representation of basic flowchart symbols and their proposed use in professional workflow diagram, standard process flow diagram and communicating the structure of a well-developed web site, as well as their correlation in developing on-line instructional projects. See flowchart's symbols by specifics of process flow diagram symbols and workflow diagram symbols.Technical Drawing Software
Technical Drawing Software for drawing technical diagram, electrical and technical drawing. Download Drawing Software ConcepDraw for Free.ConceptDraw PRO extended with: Mechanical Engineering Solution, Electrical Engineering Solution, Chemical and Process Engineering Solution from the Industrial Engineering Area is powerful software for business and technical drawing. Its powerful drawing tools, predesigned vector objects, templates, samples are helpful for creation all kinds of Technical Drawings and Technical Diagrams, Electrical and Mechanical Schematics, Circuit and Wiring Diagrams, Structural Drawings, and many other.
Fishbone Diagram
Fishbone Diagrams solution extends ConceptDraw PRO software with templates, samples and library of vector stencils for drawing the Ishikawa diagrams for cause and effect analysis.
Planogram Software and Retail Plan Software
The ConceptDraw PRO Planogram Software and Retail Plan Software offers powerful tools of Enterprise Architecture Diagrams Solution for visualization the market analysis and easy making successful Retail Plans and Planograms with useful detailed recommendations about placing products and optimization the shelf space.Types of Flowcharts
A Flowchart is a graphically representation of the process, algorithm or the step-by-step solution of the problem. There are ten types of Flowcharts. Using the Flowcharts solution from the Diagrams area of ConceptDraw Solution Park you can easy and quickly design the Flowchart of any of these types.Marketing Diagrams
Marketing Diagrams solution extends ConceptDraw PRO diagramming software with abundance of samples, templates and vector design elements intended for easy graphical visualization and drawing different types of Marketing diagrams and graphs, including Branding Strategies Diagram, Five Forces Model Diagram, Decision Tree Diagram, Puzzle Diagram, Step Diagram, Process Chart, Strategy Map, Funnel Diagram, Value Chain Diagram, Ladder of Customer Loyalty Diagram, Leaky Bucket Diagram, Promotional Mix Diagram, Service-Goods Continuum Diagram, Six Markets Model Diagram, Sources of Customer Satisfaction Diagram, etc. Analyze effectively the marketing activity of your company and apply the optimal marketing methods with ConceptDraw PRO software.
25 Typical Orgcharts
The 25 Typical Orgcharts solution contains powerful organizational structure and organizational management drawing tools, a variety of professionally designed organization chart and matrix organization structure samples, 25 templates based on various orga
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