Rational Decision making model, is one of the best technique for decision making because it considers multiple alternatives.
<h3>What is decision making?</h3>
Decision making is the process of deciding upon the options or the choices available. There are many decision making techniques such as Delphi technique, bounded rationality decision making model.
Rational decision making model is the most popular among the decision makers, in this technique all the decisions are considers with thorough analysis and most logical steps are used in this technique.
This model is used by experts, to analyze the outcome and reach the best possible alternate action.
Top management of a company is involved in the decision making process and they are required and responsible to take the best possible decision, they also analyze the level of risk present with each course of action.
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