Multi Attribute Decision Making

If there are leaders who are focused on the making their decisions based from their own perspective, there are also leaders who depends their decisions from the different attributes. These leaders are focusing on other things that can help in improving the possible decision that they may end up with. Aside from leaders, this is also a type of decision making that people make use whenever they are choosing a particular thing. The simple thing of just choosing to purchase an item may also include this process of making any kind of decision.

A good example of multi-attribute decision making is when choosing a dress for a new occasion or for any event. Though a person has already set his or her preferences with choosing a dress from a particular brand, there are still different attributes that may affect their final decision. Some of these attributes can be the comfort that the dress has to provide and the style of the dress. Aside from these things, a person may also consider thinking about the cost of the dress and also the available color of the dress.

There are times wherein they may encounter difficulty in regards with the decision making especially when a person is considering different attributes when choosing a particular item. This is the main reason why a person who is dealing with multi attribute decision making is finding the difficulty of finalizing a decision. There are people who tend to fix their decision when they are at home or in any place. But once they see other choices, they start changing whatever decision they have made up and start considering other things.

4 Stages of the Process

People who are practicing multi-attribute decision making within the business field are all undergoing the basic 4 stages of this kind of process such as the following:

1. The person would be identifying the objectives and goals that should be achieved with the particular situation that they are in.

2. After identifying the objectives and goals, the decision maker should also start focusing on the alternative decisions along with all the related attributes that can address all the objectives that the decision maker has.

3. When all attributes are considered, the decision maker should start focusing on the specification of the preferences. In this stage, the decision maker will be considering individual attributes and also some attributes within the framework.

4. The last stage that a decision maker would have the ranking all of the decision alternatives that he or she got. These rankings should be based from the particular preferences that were specified. Along every ranking made should be given all needed attribute data for every alternative given within the list of choices.

When a person has undergone all of these stages, the decision maker will end up with a decision where all attributes under his or her standards have been achieved. This only means that the person practicing this approach is sure to learn how to get all necessary considerations met when creating a particular decision while assuring the results or outcomes of the decision made.

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