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PERCEPTION AND
INDIVIDUAL DECISION MAKING
GROUP NO.5
 NEHA NAMDEV
 ADITI MANDELIYA
 KAUSHALI SARKAR
 ANNI GUPTA
 SHAILENDRA ARYA
Perception
We don’t see reality, we
interpret this.
Old women or young girl?
Perceptual Process
Factors that influence
perception
Factors relate to perceiver
Your interpretation is influenced by
your personal characteristic just like
Attitude,Interest,experience.
Factors relate to target
Factors of target is motion, sound,
size.
Target is being observed by what is
perceived.
Ex-Loud people are more likely to be
noticed in a group than quite ones.
Factors relate to situation
The time ,location, light, and other
situation factors influence our
attention.
ATTRIBUTION THEORY
 Need :
Why people behave in certain ways ?
Why people do what they do ?
 Human
EMOTINAL
BELIEFS
MOTIVES
INTENTION
ATTRIBUTION THEORY
Tries to explain behavior of others by
assigning the attributes to these
behavior such as feelings, beliefs,
intention .etc.
OBSERVATION
INTERPRETATION
ATTRIBUTION OF CAUSES
Determination of behavior
 Distinctiveness
 Consensus
 Consistency
COMMON SHORTCUTS IN
JUDGING OTHERS
1. SELECTIVE PERCEPTION
People selectively interpret what they see based on
their interests,
background, experience and attitudes.
2. HALO EFFECT
Drawing a general impression about individual based on a
single characteristics.
3. CONTRAST EFFECT
A person’s evaluation is affected by comparisons with other
individuals recently encountered.
STEREOTYPE
 It is an overgeneralization of
some characteristics of a group
of people, a country, a
region, .etc.
 A preconceived notion about a
group of people.
DECISION MAKING
Occurs as an reaction to a problem. The quality of the
decision making gets influenced by perception.
Types of Decision Making
 RATIONAL DECISION MAKING
It consists of following steps :
• Identify the problem
• Gathering the information
• Analyzing the situation
• Developing options
• Evaluation of alternatives
• Selection of preferred alternatives
• Action on the decision
 BOUNDED RATIONALITY DECISION MAKING
It is the idea that in decision making , rationality of
individual is limited by the their mind , the amount of
time , information they have.
 Intuition Decision Making
It is receiving input and idea without knowing exactly
how and where it came from.
The bias and errors of
decision making.
 Availability
People take decision according to the information
available to them.
 Anchoring
Tendency for individual to rely too heavily on a
single piece of information.
 Escalation of commitment
Staying to the decision even if it has clear evidence that it
is wrong.
It occurs when individuals
overestimate the ability to
predict a future event.
Overconfidence
ETHICS
Is hacking legal or illegal ?
ETHICAL HACKING
So why ethics in decision making ?
NATIONAL CASE STUDY
Reference: http://money-wise.in/wp-content/uploads/2016/01/Picture11.jpg
WHY GST ?
Let’s take an example
Reference: www.quora.com
 Constitution Amendment Bill
 #ONEINDIAONETAX
 It was initiated in 2000
QUICK FACTS ABOUT GST
38
Creativity
The ability to produce novel and useful ideas
Creativity Potential
Those who score high in openness to experience, intelligent, independent, self-confident, risk-taking, have an
internal locus-of-control, tolerant of ambiguity, low need for structure, and who persevere in the face of
frustration
What About Ethics in Decision
Making?
Improving Creativity in Decision Making
39
What About Ethics in Decision
Making?
Improving Creativity in Decision Making
Expertise :
Creative-Thinking
Skills :
Intrinsic Task
Motivation :
This is the foundation
The personality characteristics
associated with creativity
The desire to do the job because of its
characteristics
The Three Components of Creativity
40
INTERNATIONAL CASE STUDY

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Perception and Decision Making