Rational Decision-MakingRATIONAL DECISION-MAKING For a Brighter FutureFor the Love of the World This book shows youthrough examples and application exerciseshow to make rational decisions that will make you more productive. Based on the modern philosophy of Systems-Thinking, the book presents a well-defined path to living a productive life: making rational choices that will help you meet your long-term goals and fulfill your obligations to others. To assist you, the book provides tools and concepts you can use to set your objectives, identify and weigh the options, and evaluate the expected benefits. And the many thought-provoking, real-life situations will show you how to craft strategic initiativeswhether in individual, group, organizational, or public policy decisions. |
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achieve Agglication Exercise assets bakery business system capacity capital Chapter commercial wealth common conflict consider consumers consumption decisions costs course of action Decision Cycle decision situation decision type decision-making define definition demand economic entities effective and efficient ethics factors of production feelings Figure find firms first five free market system fulfill fundamental objectives global greater whole hierarchy of objectives human Hurricane Katrina identified identify implicit costs incentive increase individuals influence input integrity investment decisions investors layers of context learning manage measure mission Modern Rational Model Noorani opportunity costs optimization options organizations ourselves outcome output parties potential private sector production decisions profits public policy decisions purchase quantity rational decisions rational path rationale reality relationships risks sacrifice self-sustaining systems significant social wealth sovereignty specific store of value strategy survival and growth systemic solutions trade value chain World Trade Organization
Bibliographic information
| Title | Rational Decision-Making |
| Author | Hamid Noorani |
| Publisher | Xlibris Corporation, 2010 |
| ISBN | 146912453X, 9781469124537 |
| Length | 180 pages |
| Subjects | › Business & Economics / General |
| Export Citation | BiBTeX EndNote RefMan |