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week5-8 (week 6:POLC , information and decisionmaking (conditions of…
week5-8
week 6:POLC , information and decisionmaking
(link to week 5)Decision-making influenced by sources, quality, and reliability of information
Ability to engage in critical thinking, analysis, and reflection determines how well one makes decisions based on available information
(link to week 5)The execution of the managerial functions of POLC results in decision-making, often daily
Big Data and its associated analytics changing contemporary debates and arguments around decision-making
As organizational decisions increasingly become more data driven, managers need to consider inclusiveness of data (i.e. who uses it) in addition to the use of data for productive purpose
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types managerial problems and decisions:1 structured problems and program decisions
2unstructured problems and nonprogrammed decisions
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week 5:POLC
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link to week 6: decision making-How the functions are executed through the use of information and a process of decision-making that manager undertake on a day basis
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controlling: monitoring, comparing, and correcting work
link to decision making: ''Decision-making influenced by sources, quality, and reliability of information''-controlling as a function can be sourced from multiple methods
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