What is your rationale for this decision?

The rationale for something is the basic or underlying reason or explanation for it. This noun (pronounced “rash-uh-NAL”) is usually used in the singular: What was the rationale behind his decision to quit?

What is rationale behind?

1 : an explanation of controlling principles of opinion, belief, practice, or phenomena 2 : an underlying reason : basis. Examples: The newspaper’s editorial reflected the concerns of many who questioned the rationale behind the mayor’s decision. “…

What is the rationale of a sentence?

(law) an explanation of the fundamental reasons (especially an explanation of the working of some device in terms of laws of nature). 1. The rationale behind the changes is not at all evident.

What does rationale mean in international business?

the set of reasons that are given to explain a particular decision, action, etc.: We have spoken to shareholders to explain the rationale behind our bid. the rationale for sth/doing sth This data can be abused by insurance companies seeking any rationale for charging higher rates.

What is the best example of a project rationale?

A project rationale could be the evaluation of competing technology solutions. For example, a small business could be selecting a hardware or software platform for its next generation of products. Senior management might establish a project team to evaluate the various alternatives.

What is the purpose of a decision rationale?

A decision rationale is a document that describes the reasons for a decision. It is a common condition of many organizations that nobody knows why past decisions were made. In other words, the knowledge generated as part of a decision making process may not be documented with only the decision itself surviving.

What are the critics of the rational decision making model?

Critics of the rational decision -making model say that the model makes unrealistic assumptions, particularly about the amount of information available and an individual’s ability to processes this information when making decisions.

How is bounded rationality related to decision making?

Bounded rationality shares the view that decision-making is a fully rational process; however, it adds the condition that people act on the basis of limited information.

What are the limitations of the rational decision process?

The limitations on rational choice have to do with falling short of the original idea of the rational model. Three areas cause problems in the rational decision process. There are limits to human capabilities. Humans can gather and interpret data in simple or constrained situations.