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Foundation of decision making (make decision (identify decision criteria,…
Foundation of decision making
types of conditions managers face
rule
policies
procedure
make decision
identify decision criteria
identify problems
allocate weights of criteria
selection of an alternative
develop alternatives
implementation of the alternative
analysis if alternative
evaluation of decision effectiveness
three approaches of decision making
bounded rationality
intuition and managerial decision making
rational model
how do group make decision
disadvantage
minority domination
ambiguous responsibility
time consuming
pressure to confirm
advantage
diversity of experiences and perspectives
more alternatives genarated
more complete informaton
increased acceptance of a solution
contemporary decision issue
creativity
understanding design thinking
ringisei