Need help with a discussion post from the material below "Gathering Information"

MDQ STEP THREE: BUILDING THE DECISION

GATHERING INFORMATION

The purpose of week 5's Brainstorming Exercise is to address the type of information PPO needs to gather and come up with alternatives for PPO to use in the MDQ decision making model. Useful information is anything we know, can find out or should know that might influence our decision making but is not under our control. This includes experience from the past or future situations as well as factual information. This is any information that will help you anticipate outcomes, consequences or actions when acting on our alternatives.

How to Start Gathering Information- Alternative Outcomes and Consequences:

Ask yourself these questions and reflect on the answers as you prepare your formal response.Discuss "Gathering Information" in paragraph format. Limit your discussion to one or two paragraphs because the focus in the project must be on the alternatives for PPO.

Begin by Asking yourself the Following Questions:

• What do I need to know to make a better decision? Example: if you were buying a car what are the current prices?But remember these questions need to be about what you need to know about PPO's alternatives.
• How can I obtain the information? Technology plays a big part here when looking at business decisions because the amount and type of data available has become extensive.
• Do I believe the information? Is the source biased? If the car salesman assures you that his price is the cheapest in town is he likely to be right?
• What are the potential outcomes of each alternative? Are they likely to happen? Do I need more information?
• Who can help me find the answers?
• What stops me from finding the information?