Explanation of Anecdotal Evidence With Examples
Anecdotal evidence example
Often, we tend to conclude that something (a cosmetic, an appliance, a car) is 'the best' or 'the worst', without basing our conclusion on any kind of scientific evidence. Our conclusion may be based on word-of-mouth, television,...
The Role of Emotions in your Decision-making
Don't you think, it is very easy to convince someone when he or she is in a very good mood? If your answer is, "YES!", then have you ever thought what role emotions play in your decision-making process? Scroll down to get...
Steps to Effective Decision Making
The course of life changes, based on the decisions that we make in life. And for our life to move in the right direction, we need to make the right decisions. Do you have troubles taking effective decisions? Then this article on...
Group Decision-Making Techniques
A good decision can always prevent you from making mistakes in any kind of organization. It also helps to analyze and stabilize the situation. Over here, learn some group decision techniques, and become a proud owner of your firm.
Decision Making Process
What constitutes a decision-making process? Why is it so important to follow this process? Scroll down to know the answers of these questions.
How to Take Difficult Decisions?
How do you cope with the stress of taking a difficult decision? This Buzzle article provides some help.
Psychosocial Evaluation in Decision-making Process
Are you the next Hamlet in the decision-making process? According to psychosocial evaluation, human mind is blocked at 'to be or not to be?' We have many critical questions in our mind. This Buzzle article will help you for an...
6 Steps to Decision-making Process
Six steps of decision-making
All human beings are faced with certain situations in their everyday life, where they need to take important decisions. However, decisions that are made without any planning have a risk of leading to failure. To avoid such problems...
Advantages and Disadvantages of Group Decisions
Brainstorming for taking group decisions
Decision-making is a tricky process, especially when it comes to large groups. It has its own share of advantages and disadvantages, which one needs to know for better implementation.
Types of Decision Making
Types of decision making
Some decisions are made quickly, while there are others that involve a lot of deliberation. Then there are those that can't be altered, as compared to ones that can be revoked. The types of decisions differ according to the...
Advantages and Disadvantages of Decentralization
Meaning of decentralization
In an organization, centralized way of making a decision entails less autonomy to everyone except the central leadership. In contrast, decentralization involves delegation of responsibility and the associated decision-making powers...
Explanation of the Abilene Paradox With Examples
Abilene paradox example
Have you ever been in a situation where you decided to go with the consensus, when in reality, there was no consensus and none among the group, actually in their minds, agreed to the decision? This is exactly what the 'Abilene...
The Anchoring Effect of First Impression and How it Affects Us
Meaning and definition of anchoring effect
First impressions are truly the last ones, thanks to a psychological phenomenon known as the anchoring effect. In this Buzzle write-up, we shall find out what the anchoring effect is, and how it affects our daily lives.
Status Quo Bias Explained with Examples
Status quo bias example
'Status Quo Bias' reflects our inherent preferences. It comes forth through the process of decision-making, even in everyday life. Know more about how we tend to maintain our status quo, without actually knowing to have done so.
Importance of Decision Making
What sets great managers apart from mediocre ones is their decision-making ability. The importance of decision making in management or any other field of human endeavor can never be underestimated.
8 Steps to Decision-making Process
It is very important to contemplate carefully and systematically before taking any crucial decision. Buzzle here highlights 8 steps to a decision-making process that will show you how a decision can be taken in a systematic way.
The Theory of Bounded Rationality Explained
Theory of bounded rationality
Till what extent can human beings take logical and rational decisions? Our decisions are prone to many factors, and it is highly impossible for any human to behave rational in all circumstances. The 'Theory of Bounded Rationality'...
Meaning of Prisoner's Dilemma With Real-life Examples
Prisoner's dilemma example
The prisoner's dilemma refers to a situation, wherein an individual has to choose between self-interest and mutual interest. Often, the decision to pursue self-interest puts that individual in a losing situation. We face this...
Discover the Factors that Lead to Bad Decisions
While good decisions result in new opportunities and benefits, bad ones often lead to serious problems. If you do not want to have regrets, you must realize the circumstances and factors that result in poor decisions, so that you...