What is a non-programmed decision in decision making? Show examples
A decision made in business sometimes comes easily to a Manager because it relates to a situation encountered before,this is a programmed decision.When a Manager faces uncertainty and there is a higher level of risks involved regarding a decision,he must make an unprogrammed decision using logic.
On the level of personal decision-making what are examples of economic choices a person makes in their normal daily life? After listing examples, pick one and analyze the choice in terms of alternatives you gave up by making that choice.
Decision Making Technology at UPS Regardless of the specific decisions a manager makes, the decision-making process is either programmed or nonprogrammed. Programmed decision making is a routine, virtually automatic process. Programmed decisions are ones that have been made so many times in the past that managers have developed rules or guidelines to be applied when certain situations inevitably occur. In programmed decision making, managers do not need to repeatedly make new judgments about what should be done. They can rely...
Describe a decision making style and give examples of advantages and disadvantages of this style.
What should ads say to help brands make the first (non-compensatory) cut in decision making to be included in a consumer’s consideration set? What should ads say to help a brand be chosen, once in the set?
What is the difference between programmed and nonprogrammed decisions? How might each help you avoid the negative effect of fallacies in workplace decision making?
1) When making Managerial decisions, explain what financial and non-financial information is involved in the decision making process? 2) Explain the following concepts utilized in Incremental Analysis--Relevant Costs, Opportunity Costs and Sunk Costs? 3) What is the purpose of incremental analysis used by a company? 4) Why do we only look at relevant costs in accepting or rejecting a special order at a set price? What assumptions are made in this decision-making process? 5) What factors do we look at...
Accounting 221 Post comments and explain, with examples, how decision making and analysis, with the tools from our course, may be of value to you and your future endeavors. Include specific examples such as a company seeking to increase profits would.
Examples of approaches to ethical decision making include : Select one: a. The Utilitarian Approach and Individual Approach b. A and B c. None of the above d. Moral –Rights Approach and Justice Approach
Are rational choice theory and decision theory good normative theories of decision making? That is are they useful tools for making better decisions? What kinds of problems can we solve with decision theory? What kinds of problems can it not help us solve? Give examples and explain your reasoning
Question 18 match the description ans examples provided with the categories in which they belong: A-un-programmed B-programmed QUESTION 18 Match the description and examples provided with the categories in which they belong: AUn-programmed or B - Programmed. Aging process is largely determined by environment and behavior. The aging process is largely determined by genes and genetics. A. Programmed Says that normal aging follows a pre-determined plan. B. Unprogrammed Says that the aging process cannot be modified. Says that the aging...