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Decision-making models can be used to improve personal decision-making by providing a structured and systematic approach to decision making. They can help in identifying and evaluating different options based on various criteria such as cost, service, etc. By assigning weights to these criteria based on their importance, one can make more informed and rational decisions. These models can also help in reducing bias and subjectivity in decision making.
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For example, if cost isn't as important as service or vice versa, each can be weighted lower or higher as needed. If the cost scores high on a decision but the rest of the criteria is weighted lower, it will bring the entire score down, which could lead to a different decision depending on what's most important.
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How do you better organize your priorities to make stronger decisions backed up by data? With this collection of decision-making frameworks, you’ll le...