Choosing a Potential Business Partner

KOZMINSKI UNIVERSITY

Anatomy of Decision-Making

Final Project

Choosing a Potential Business Partner

Alena Tomashentseva, 28192

Alina Kovtun, 28080

Sabina Thomas, 31483

Anzhelika Sydorenko, 28185

Submission Date – 27-04-2015

Academic Year 2014/2015

Semester: 2

I hereby certify that this paper is the result of my own work and that all sources I used have been reported.

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Signature

© Kozminski University 2015

Content

I. Introduction

II. Research

III. Lexicographic Strategy

IV. Elimination by Aspects Strategy

V. Conclusion

VI. Attachment

VII. References

I. Introduction

The process of decision-making is an essential part of our conscious life, and the more effective this process is, the easier and more logical our life becomes. Every minute at any place we face the necessity to make a decision, no matter whether it concerns choosing between latte and cappuccino, going or not going to extra lecture, or thinking over summer practice opportunities. However, these are only the simplest examples of resolutions we have to make. The older we are, the more complicated and sophisticated decisions are expected to be done from day to day.

One of serious solutions we face is the choice of a potential business partner. In fact, future success, profitability and prosperity of your business depends by half on the person, you will choose to share your responsibilities, duties and money with. It is a responsible and challenging task, which demands good understanding of the issue and at least basic experience at it. However, we tried to decide this problematic question without having any previous experience, just relying on personal intuition and questionnaire, passed through in the network among our coevals, aged from 18 to 21. Our purpose was to come to know...