Resource Categories. stability and flexibility both today and in the future. In this resource we set out the twelve golden rules for nonprofit finance, including Budgeting, Diverse Funding Sources and Interdependence. 12 Golden Rules of Nonprofit Finance.
Transcript of PACED Decision Making Model. The PACED Decision-Making model provides for students to be actively involved in the decision-making process. In Decisionomics, it provides teachers and students with a straight-forward decision-making matrix that can help to develop rational decision-making skills.
This theory was proposed by Herbert A. Simon as a more holistic way of understanding 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.