Critical Thinking And Decision Making Paper Examining The Relationship Between Critical Thinking And Decision Making

1306 words - 5 pages

AbstractIn order to more thoroughly understand the components of critical thinking, decision making, and their value to the processes of evaluating arguments and probabilities, critical thinking must combined into the process problem solving and decision making as a guide to developing beliefs and taking action.In the corporate environment critical decisions must be made, sometimes quickly. The decision-making process is crucial to high-quality management in today's work environment. It is solving problems and making correct decisions that is valued.This paper will examine the relationship between critical thinking and the decision making process, explain what the textbook authors believes.What is Critical Thinking?Some define critical thinking as the ability to control of one's thinking. It includes the ability to analyze the premises of one's reasoning, or that of another. It also involves the structured examination of sources of information. However, there is no definitive definition of critical thinking.What is decision making?Decision-making is concerned not only with the outcome value but also with the amount of risk each decision carries. The concept of probability occupies an important place in the decision-making process, whether the problem is one faced in business or just in one's everyday personal life. Decision-makers often face a severe lack of information. Most decisions are made in the face of uncertainty. Probability enters into the process by playing the role of a substitute for complete knowledge. Probability assessment quantifies the information gap between what is known, and what needs to be known for optimal decision-making.How do the materials for this course define critical thinking?The text defines critical thinking as a system of questions that is consistent with the spirit of curiosity, wonder, and intellectual adventure essential to critical thinking. Critical questions provide a structure for critical thinking that supports a continual, ongoing search for better opinions, decisions, or judgments (Browne, Keeley, McCall, Kaplan, 2001a, p.17).The term "critical thinking" as used in the text, refers to the following: awareness of a set of interrelated critical questions; ability to ask and answer critical questions at appropriate times; and desire to actively use the critical questions (Browne, Keeley, McCall, Kaplan, 2001b, p.17).Define decision makingThe text states decision-making starts with a recognized and defined problem: The task of the decision maker is to come up with a solution (Browne, Keeley, McCall, Kaplan, 2001c, p.187). Generally, this includes at least a vague awareness of what that "something" is, but the definition of a problem is likely to evolve throughout the decision-making process (Browne, Keeley, McCall, Kaplan, 2001d, p.138).Another place to begin improving managerial decision-making is with the organization's values; systems and structure should be made with consonant with these values (Browne,...

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