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Multiple Criteria Decision Making - Article Example

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As the paper "Multiple Criteria Decision Making" tells, decision-making is a cognitive process of identifying, analyzing, and settling on an option as the best way to resolve a particular problem or challenge faced. Every human being involves themself in one or more forms of decision-making daily. …
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Multiple Criteria Decision Making
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Extract of sample "Multiple Criteria Decision Making"

One of the problems faced and that required critical decision-making was to balance between cohabiting life and academic commitments while in university. While in school, I engaged in a love affair that led to cohabitation. As time lapsed, I experienced serious problems balancing between commitments to my partner and performing my academic responsibilities effectively. At one time I failed my examinations since I tended to allocate more time to relationships and got refer. It is then that I desired to suspend the relationship and move out of cohabitation into a lonely life. Since making the decision, I faced challenges adapting to a new life but finally managed to settle, and my concentration on academics improved. My performance improved and was scoring at least credit in my examinations.

Another good decision I made in my life was to move to a smaller and cheaper house while in school. As a self-sponsored student in the university, I have to engage in part-time work to be able to raise money for fees, a room, and other human wants. In the beginning, I lived in a one-bedroom house for that I paid $800 monthly. Within a short time, I began encountering challenges, as the balance from my earnings did not satisfy my wants. I had to think about my monthly expenditures, and resolved to relocate to a smaller house where now pay $300 monthly, and save enough money to cater to other wants.

The bad decision I made was to enter into cohabitation. I would have just made love but not cohabited as the move was placing me in a marriage-like situation, and I was subject to face every challenge of marriage even when I was psychologically prepared. Another bad decision I made was to defer my university studies by 2 years. One of the consequences of the move was the loss of time that I would use in advancing other critical progresses in life. Another consequence was that the university administration raised fees payable for the course above the initial amount payable so could I finish the course within the actual duration?

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