Please enable JavaScript.
Coggle requires JavaScript to display documents.
Foundations of Decision making (The decision making process (decision…
Foundations of Decision making
The decision making process
decision criteria
best choice
decision implementation
decision-making errors and biases
Three Approaches managers can use to make decision
Bounded rationality
Intuition and managerial decision making
Rational model
What type of decisions and decision-making
conditions do managers face
program decision
nonprogrammed decision
group decision
disadvantages
ambiguous resbonsibility
pressure to conform
time consuming
advantages
increased the acceptance of a solution
more complete information
diversity of experience and perspectives brought to decision process