Decision-Making Model Analysis Paper Nakia Morning University of Phoenix MGT 350 � Critical Thinking Strategies in Decision Making Group ID GA04BMA07 Steve Jarvis, Instructor Workshop One � November 17, 2004 Decisions, decisions, decisions, they are made in every aspect of our lives. From the moment we wake, until it is time to go to sleep, thoughts are processed and decisions are made. Decisions can be classified into two categories. They can be simple or complex. A simple decision can be in the form of deciding what color shoes to wear to work. Although thought goes into to making this decision, it is not something one would ponder deeply. On the other hand, a complex decision involves many more elements. For example a novice who wants to invest in the stock market must consider various factors before reaching a final conclusion. They must set an investment amount, figure out whether to invest in preferred or common stock, and determine who will manage their portfolio. This level of thinking takes more time to reach, because it is a life impacting decision. The ......

Word Count: 830
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