Rapid growth of the sector has fueled the demand for telecom equipment, which is projected to be about Rs 1.08 trillion for the year 2015-16 and is estimated to exceed Rs. 1.8 trillion by the year 2020.
The Six Steps. 1  Define the Problem. 2  Determine the Root Cause(s) of the Problem. 3  Develop Alternative Solutions. 4  Select a Solution. 5  Implement the Solution. 6  Evaluate the Outcome.
Describe how shortcuts can assist in or distort our judgment of others. Explain how perception affects the decision-making process. Outline the six steps in the rational decision-making model. Describe the actions of the boundedly rational decision maker. List and explain eight (8) common decision biases or errors. Identify the conditions in which individuals are most likely to use intuition in decision making. Describe four styles of decision making.