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Decision making process
- 1. Decision Making Process There are eight steps of decision making: 1. Identifying Problems 2. Identifying Decision Criteria 3. Allocating Weight to the Criteria 4. Developing Alternatives 5. Analyzing Alternatives 6. Choosing the Best Alternatives 7. Implementing Alternatives 8. Evaluating the Decision Effectiveness 1. Identifying Problems The problem we are identifying is, which the bestonline shopping sites with maximum benefits is. 2. Identifying Decision Criteria Decision criteria are factors that are important to resolving the problem. So the factor which are relevant in solving our problems are: 1. Saves Times 2. Huge Variety 3. Delivery Charges 4. Better Prices
- 2. 5. Convenience 6. Comparison of Prices 7. No Pressure Shopping 8. 24 Hours Availability 3. Allocating Weight to the Criteria The decision maker must weigh the items in order to give them correct priority in decision: Factors Weigh Save Times 8 Huge Variety 7 Delivery Charges 5 Better Prices 9 Convenience 6 Comparison of Prices 8 No Pressure Shopping 9 24 Hours Availability 10 4. Developing Alternatives 1. Daraz.pk 2. Kaymu.pk 3. Yayvo.com 4. Homeshopping.pk 5. Symbios .pk
- 3. 5. Analyzing Alternatives Appraising each alternative strengths and weaknesses, evaluation using decision criteria and evaluation against weighted criteria. Names Save Time Huge Variety Delivery Charges Better Prices Convenience Comparison of Prices No Pressure Shopping 24 Hours Availability Daraz.pk 9 10 8 10 9 8 9 10 Kaymu.pk 8 9 7 8 8 7 8 9 Yayvo.com 7 7 9 7 6 6 7 10 Symbios.pk 6 10 6 8 7 5 8 8 Home shopping.pk 7 8 5 6 7 5 9 8 6. Choosing the Best Alternatives Names Save Time Huge Variety Delivery Charges Better Prices Convenience Comparison of Prices No Pressure Shopping 24 Hours Availability Daraz.pk 72 70 40 90 54 64 81 100 Kaymu.pk 64 63 35 72 48 56 72 90 Yayvo.com 56 49 45 63 36 48 63 100 Symbios.pk 48 70 30 72 42 40 72 80 Home shopping.pk 56 56 25 54 42 40 81 80
- 4. 7. Implementing Alternatives Names Total Daraz.pk 571 Kaymu.pk 500 Yayvo.com 460 Symbios.pk 454 Home shopping.pk 434 8. Evaluating the Decision Effectiveness By making the decision process we evaluate that Daraz.pk is the best online shopping site, which have maximum benefits.