a) Do you think intuition is respected as a decision-making style? Do you think it should be? Why or why not?
b) Do you prefer to make decisions in a group or alone? What are the main reasons for your preference?
a) Do you think intuition is respected as a decision-making style? Do you think it should...
Do you think intuition is respected as a decision-making style? Do you think it should be? Why or why not? Share an example of anchoring. Do you prefer to make decisions in a group or alone? What are the main reasons for your preference?
1. Which model of decision making are you most comfortable with and why? 2.How is your decision making process different as you make decisions in a group setting versus alone? 3.How could you apply your knowledge pertaining to decision models to your work or to other decision making activities?
Can you let data replace intuition in decision making? There is a human factor in almost every aspect of decision making. We have been focusing a lot on how data can help us form an opinion, explore the situation (all the work we did before regression), and make predictions (all the regression work). Given that you know that regression has its shortcomings,discuss the situations in which (i) intuition replaced data (ii) data replaced intuition (iii) intuition is laid on top...
Which of the following statements is consistent with evidence-based decision making? Check all that apply. A)Evidence-based decision making encourages questioning assumptions. B)Knowing what you don’t know is as important as knowing what you do know. C)Managers should make choices that support past decisions. D)Evidence-based decision making uses opinions and intuition to provide a rationale for decisions.
you and your staff analyze the feasibility of acquiring this supplier. Discuss the following: What information is needed to analyze this investment opportunity? What will be your decision-making process? All future costs are relevant in decision making. Do you agree? Why? Capital budgeting decisions fall into 2 broad categories: screening decisions and preference decisions. Discuss this. Which do you think should use—screening decisions or preference decisions? Why? PLEASE USE DETAILS
PLEASE USE SOMETHING THAT HAS NOT BEEN USED BEFORE you and your staff analyze the feasibility of acquiring this supplier. Discuss the following: What information is needed to analyze this investment opportunity? What will be your decision-making process? All future costs are relevant in decision making. Do you agree? Why? Capital budgeting decisions fall into 2 broad categories: screening decisions and preference decisions. Discuss this. Which do you think should use—screening decisions or preference decisions? Why? PLEASE USE DETAIL
6. Decision styles (Connect) Think about how different managers approach decision making and complete the sentence. Across different situations, the most effective managers decision style. For each example, select the decision style that most closely corresponds to it. Example Decision Style Cassie likes to make decisions after considering many alternatives and looking at as much objective data as possible. Raphaela's priority in decisions is how the decision will affect other people as individuals. Bill prefers simple, dear-cut solutions to problems.
“Because managers have so many powerful decision-making tools, they should be able to make more rational decisions.” Do you agree or disagree with this statement? Why? What are some of the decision-making tools that managers have?
(11 Planning Goal setting: mission statement; setting effective goals, crisis planning; SWOT analysis 12. Decision Making; Programmed and nonprogrammed decisions; uncertainty, ambiguity: ㄧ intuition; decision-making steps; Why Do Managers Make Bad Decisions?; brainstorming
what decision making( including style) Mayo clinic employees use. can you please write about employees and how they are encouraged to make decisions