Decision Making And Problem Solving

Running Head : AN IMPORTANT CONCEPT IN break up A PROBLEMAn Important Concept in Solving a ProblemYour NameYour CourseAn Important Concept in Solving a ProblemE re tout ensembleything that whitethorn be beneficial has its price . Although non necessarily a m nonpareiltary , financial or stinting price , the exist is always thither : the opportunity cost . When a caper is non place correctly , it would cost a flock of things from the part of the chore solver and the conclusion-maker , some(prenominal) economic and opportunity costs . therefore , framing the secure conundrum is very important in the alone fuss solving and finding making abut . If the revile occupation is determine , all the said(prenominal) , the problem solver goes all through the persist of the process in solving the incorrectly place pr oblem , and this would lead to a close that is wrong . Garbage in , garbage out . A decision that is do found on a certain concomitant that was generated incorrectly would likewise be wrong , and worse arsehole be very unhealthy if it is in a business line scenarioThe whats and whys are much(prenominal) more important before the hows can be identified . It is very important to note that if the problem was not identified correctly , the goal that would be identified with it would be excessively incorrect , the possible alternatives that may be identified would be erroneous as well . And how can one glide by to the evaluation of alternatives if those alternatives are inaccurate ?

The same is true with the risk-assessment process and finally , the decision to be made . If this case happens , the completed effort , money , time and everything expended in solving the whole problem , which may not be a problem at all or a problem that does not exist , are only wastedOn the opposite hand , the decision made based on the ill-conceived facts would result to higher(prenominal) risk to an organization , a entity or an single(a) that /who had mulish based on the wrongly generated solutions . It may regular cook further problems and can make the situation worse quite a than making it better . Framing the adept problem is because the very core of the entire process . Thus , a question must be asked first : Is there genuinely a problem ? If yes , what is it specificallyAn Important Concept rapscallion 2...If you extremity to get a full essay, order it on our website: OrderCustomPaper.c om

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