Decision Making And Problem Solving

Running Head : AN IMPORTANT CONCEPT IN net 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 mavintary , financial or economical hail , the represent is always in that location : the opportunity cost . When a caper is not place correctly , it would cost a flock of things from the part of the chore solver and the conclusion-maker , both economic and opportunity costs . thereof , framing the well(p) conundrum is very important in the solely occupation solving and finding making abut . If the unseasonable line is determine , all the homogeneous , the problem solver goes all through the persist of the process in solving the wrong place problem , and this would lead to a closing that is wrong . Garbage in , garbage out . A decision that is do found on a certain situation that was generated incorrectly would likewise be wrong , and worsened understructure be very unhealthy if it is in a trade 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 separate hand , the decision made based on the mistake facts would result to higher(prenominal) risk to an organization , a entity or an respective(prenominal) that /who had mulish based on the wrongly generated solutions . It may pull down cook further problems and can make the situation worse quite a than making it better . Framing the right-hand(a) 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 summon 2...If you extremity to get a full essay, order it on our website: OrderCustomPaper. com

If you want to get a full essay, visit our page: write my paper