'Who are the decision makers and how do they make decisions?
Homework Answers
Decision-makers refer to those persons who have the responsibility, authority, and obligation to make and buy decisions for their entity. Every entity has some persons who are authorized to take decisions. The entity's prosperity is based on their decisions and it should be taken carefully.
Decision-makers take decisions based on the various circumstances and situations they are to be faced. It cant be preplanned because it based on some future events. After getting a situation and it should be analyzed carefully. Various alternatives will be available for making decisions. Proper care must be provided while selecting the best choices. It is based on the values, skills, and preferences of the decision-maker.
Psychological theories argue that mental pathologies inhibit decision-makers from making rational decisions. That is, the means...
Psychological theories argue that mental pathologies inhibit decision-makers from making rational decisions. That is, the means by which individuals filter information will havea direct impact on the decision-making process. Therefore, according to psychological theories, actors are not rational decision-makers. After reading the module notes and the chapter, decide whether you agree or disagree with the psychological theories or the rational actor model.
How do credit analysts assist decision makers in evaluating the credit worthiness of a state or...
How do credit analysts assist decision makers in evaluating the credit worthiness of a state or local government?
How can managers make higher-quality decisions? Give an example of decision made by one company and...
How can managers make higher-quality decisions? Give an example of decision made by one company and discuss how the mangers will make high quality decision?
Cost Accounting = How can managers make higher-quality decisions? Give an example of decision made by...
Cost Accounting = How can managers make higher-quality decisions? Give an example of decision made by one company and discuss how the mangers will make high quality decision?
Ethical Decision Questions Do people that make rational choices deserve the same level of care as...
Ethical Decision Questions Do people that make rational choices deserve the same level of care as those who make irrational decisions?
Q1. How can managers make higher-quality decisions? Give an example of decision made by one...
Q1. How can managers make higher-quality decisions? Give an example of decision made by one company and discuss how the mangers will make high quality decision? (3 Points) Q2. Give a numerical example of cost function and analyze this cost function? Discuss how is this cost function used in decision making? (3 Points) Q3. Find a numerical example of cost-volume-profit (CVP) analysis, and analyze how CVP analysis is used for decision making? (4 Points)
Why do capable managers sometimes make bad decisions? What could you do to improve your decision-making...
Why do capable managers sometimes make bad decisions? What could you do to improve your decision-making skills? I don't accept own storytelling, please in answer in professional way.
When managers make decisions they follow the decision-making steps as presented in this chapter? Which steps...
When managers make decisions they follow the decision-making steps as presented in this chapter? Which steps are apt to be overlooked or given inadequate attention? What can people do to make sure they do a more thorough job? (NOTE - - - This discussion question is about the 6-step decision-making process, and whether or not you think managers generally follow that process when they make decisions. And if not, which steps do you think might get overlooked or given less...
What predictors determine if patients are mentally competent to make their own decisions? How could a...
What predictors determine if patients are mentally competent to make their own decisions? How could a patient's decision be affected in situations where the decisions do not appear to make sense? What are the differences between a permanent vegetative state and a coma? How do these differences affect the ethical choices faced by the family and caregivers of the patient? What importance should the patient's own wishes have? How would the presence of a living will affect the decision?
1.) According to bounded rationality theory, people make the best decisions when their perceptions are "bounded"...
1.) According to bounded rationality theory, people make the best decisions when their perceptions are "bounded" or framed by past experience. Group of answer choices True False 2.) One school of management thought states that organizational decisions and actions are influenced mainly by what attracts management's attention, rather than by the objective reality of the external or internal environment. Which of the following practices is closely associated with this argument? Group of answer choices stakeholder framing rational decision-making process perceptual...
How do credit analysts assist decision makers in evaluating the credit worthiness of a state or local government?
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