MGT2037 _Week 2 Project_ Lewis_A

3. Discuss the different roles played by the qualitative and quantitative approaches to managerial decision making. Why is it important for a manager or decision maker to have a good understanding of both of these approaches to decision making?

a)     Why is decision making often described as the essence of a manager’s job? b)    Is there a difference between wrong decisions & bad decision?Why do good managers sometimes make wrong decision?  Bad decision? c)How can managers improve their decision-making skills

Need Unique Answer don't copy please Write a two-paragraph essay describing your decision process (as outlined above), including its strengths and weaknesses. Your essay must include at least two properly described and referenced decision methods or styles from the text. For example, if your decision was impeded by bias, describe if it was confirmation bias, anchoring, or some other kind of bias. Answer and address these questions: What is your preferred decision-making style? How does your style work for you? Are you always satisfied with your decisions? What method from the text would you consider for your future decision making? How important is decision making in the role of a business leader? Provide an example. In addition to the text, you are encouraged to research decision-making methods using reliable and properly cited Internet resources. You may also draw from your personal experience with appropriate examples to support your references.

Please please answer that full answer please please a) Why is decision making often described as the essence of a manager’s job? b) Is there a difference between wrong decisions & bad decision?Why do good managers sometimes make wrong decision? Bad decision? c) How can managers improve their decision-making skills?

What are the four personal decision styles used by managers? What are the biases that frequently cause managers to make poor decisions? What are some of the innovative techniques managers can use to make decisions? Describe at least two techniques.

1) How could the Google Trends information help you improve Domino’s understanding of the potential target market for this product? 2) What insights did you gain from Google Trends that could inform decision-making?

1. Why are policies important?   2. How can managers effectively implement policies within an organization?   3. What is decision making?   4. Explain the different types of decisions and give an example for each type.

1) How could the Google Trends (trends.google.com) (information help you improve Domino’s understanding of the potential target market for this product? 2) What insights did you gain from Google Trends that could inform decision-making?

1) What are the key decisions that Andrew Mason has made during Groupon's brief history? How have these decisions influenced Groupon's evolution as an Internet-based business? 2) How can I describe the decisions identified in my previous questions ask in terms of programmed and non programmed decision making? 3) How can I describe the decisions in terms of the rational, bounded rationality, and garbage can models of decision making? 4) How, if at all, has creativity and intuition played a role in the decisions to found and rapidly expand Groupon? 5) Suppose i think the market for group-based online coupons has great potential, and you desire to enter the competitive fray, what factors would i consider in deciding whether to come a Groupon competitor?

Miriam and Devon are both upper-level managers, but have very different decision-making styles.  Please name and describe in your own words four decision making processes that could be used to guide their decision making.  In addition, provide and explain in your own words 10 ways in which their decision could, in general, be derailed or hindered, and explain each.

Discuss FOUR (4) ethical questions that a manager should ask when evaluating a proposed action to make decision.

Q1. List the factors that influence managers’ decision-making processes in an organization, in situations where the assumptions of perfect rationality do not apply. Q2. Discuss briefly three (3) ways that your institution and leaders/managers in the sector in which your organization is categorized have adapted to the present environment (Pandemic).    Q3. Identify and discuss briefly four (4) common errors that may be committed in the decision-making process.

What is the everyday life of a manager/leader like - their decision-making environment? What are the decision conditions like? What kinds of issues are faced? What are the bases (approaches/frameworks/etc.) that managers actually used to make business / personal decisions? What's an appropriate decision-making process to deal with these complexities?

A) Effective decision-making results ineffective results, discuss decision making steps and provide examples. B) Discuss various ways available to maintain the high ethical standards of an organization?

According to this case study, what are the CEO bias's that may have entered the decision making process?

Lesson 6 (Decision making and creativity) Briefly state the different between rational decision making, bounded rational rationality an decision making by intuition` What do you understand by creativity is an essential component in decision making.

Effective management is crucial for the success of any organization, as it involves coordinating resources, people, and processes to achieve specific goals efficiently and effectively Managers are tasked with various responsibilities, including planning, organizing, leading, and controlling They must possess strong communication skills, decision-making abilities, and leadership qualities to motivate and guide their teams toward desired outcomes. Additionally, effective managers must adapt to changing environments, anticipato challenges, and implement strategies to address them proactively   Question: How does effective communication contribute to the success of management within an organization?

What decision theory style is closest to the decision making style used by Steve jobs?

the Hierarchy of the information- based business decision makers.Which level has the best chance of success and why? the 3 Hierarchies are top tier visionaries, middle tier standarised decison makers and the base tier intuitive decision maker. Explain them and explain which level of these has the best chance of success and why? need to know advantages as well please    Thank you.

What are the four (4) different problems faced by a management in the decision-making process? Give solution/s to these problems. (You can give example as an evidence of your answers)

a) Why is decision making often described as the essence of a manager’s job? b) Is there a difference between wrong decisions & bad decision?Why do good managers sometimes make wrong decision? Bad decision? c) How can managers improve their decision-making skills? (600-700 words

With a relevant example, explain programmed decision-making with application to Eskom.

Discuss decision-making under the following subheadings, supporting your argument with examples from the workplace.

You are the CEO of BMW motors. Due to severe competition in other markets, you are in search of a new market for your brand of Cars. You are planning to sell your cars in Oman. The type of planning that you will do as a CEO will be O a. Strategic Planning. O b. Tactical Planning. O c. Operation Planning. O d. Transaction Planning.