
Decision Models
Decision models are systematic tools that help individuals and organizations make informed choices. They organize relevant information, consider different options, and evaluate possible outcomes based on specific criteria. By providing a structured way to analyze complex situations, decision models help identify the best course of action, reduce uncertainty, and improve consistency in decision-making. They are used in various fields like business, finance, healthcare, and engineering to support rational, data-driven decisions. Essentially, decision models act as guiding frameworks that clarify options and predict results, leading to more effective and confident choices.