Charles Schwenk (1984, 1985) modeled the strategic decision process as consisting of three stages: goal formulation and problem identification, strategic alternatives generation, and evaluation and selection of alternatives, noting that heuristics and biases can affect decisions at each stage.

Authors

• Person: Not available Organization: Frontiers in Psychology
  The Impact of Cognitive Biases on Professionals' Decision-Making

Sources

• The Impact of Cognitive Biases on Professionals' Decision-Making www.frontiersin.org Frontiers in Psychology via serper

Referenced by nodes (1)

• strategic decision-making concept