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MGT 230 Week 1 Individual Assignment Decision-Making Process Paper

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Individual Paper 1
Individual Paper
MGT/230 - Management Theory and Practice

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Individual Paper 2
Individual Paper
Decision making is a very vital part of life; it is necessary for survival whether the
circumstances are major or minor. People sometimes make good or bad decision based on their
level of judgment. In business there are six stages in the decision making process. The steps in
the decision making process are: identify and diagnose the problem, generate alternative
solutions, evaluate alternatives, make the choice, implement the decision, and evaluate the
decision. I had to make a very difficult decision to drop out of college or work two jobs and
attempt to send myself though school at 19 years old. This decision was not made overnight but I
concluded after many intense thoughts and some going back and forth. During my decision
making process I used all the steps of the decision making process. I may not have used them
correctly or in order but I used each of them at least once during my decision (Bateman & Snell,
2011).
First, I had to identify and diagnose the problem. For me the problem was that I was no
longer financially capable of paying my own way through school. I knew that dropping out of
school was not the ideal situation to be in and that I would be disappoint myself as well as others
that looked up to me. I was always the brain in my family so taking a route other than the one
that was expected of me would be hard for them to accept as well. I had enough money saved up
for one more semester so I decided to sign up for classes. I knew that once the semester was over
I could no longer sit around and think about my decision, I had to make one (Bateman & Snell,
2011).
After identifying that I had a problem I was at the point in the decision making process
where I had to think about the alternatives. I came up with taking out a student loan, working
fulltime to save money for school or joining the Army. These were all logical decisions and they

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