If decisions are made by a manager or someone with authority within an organization, we have what is can be referred as constrained decision-making. In comparison, there are decisions that are not constrained by an organizational structure. However, it can be argued that all decisions are made within a constrained boundary. Please identify structural or environmental boundaries that may affect personal decisions.
Q: DISCUSS SOME ADVANTAGES AND DISADVANTAGES OF USING GROUP DECISION-MAKING.
A: Group Decision Making - It is the process in with every member of the organization will take part…
Q: Describe the behavioral nature of decision-making. Be certain to provide some detail about political…
A: Decision-making is one of the key processes to arrive at a specific conclusion. While making a…
Q: What decision theory style is closest to the decision making style used by Steve jobs?
A: The decision making styles are the different references of the managerial person who managed the…
Q: What are the benefits of decision-making in a group, instead of individually?
A: The procedure where choices are made after identification of a decision, gathering information about…
Q: 1) What are the key decisions that Andrew Mason has made during Groupon's brief history? How have…
A: Ans 1) Andrew Mason settled on a key choice that has brought Groupon to where they are today. The…
Q: List some possible advantages and disadvantages to using computer technology for managerial decision…
A: Advantages of using computer technology for managerial decision making: Able to make structured and…
Q: . How does an understanding of behavioral finance help in decision-making??
A: The origin of behavioral finance can be traced back to the 1990s, and Daniel Kahneman, along with…
Q: Considering the different approaches to decision making, why are managers often unable to anticipate…
A: Managers of the firm shoulder various responsibilities that might be vital for the smooth…
Q: GATEWAY CHIEF MAKES DARING DECISIONS Read the case and answer the questions that follow. Studying…
A: The chief executive officer himself has said that they are not making money on the consumer…
Q: GATEWAY CHIEF MAKES DARING DECISIONS Read the case and answer the questions that follow. Studying…
A: The case study depicts how the decision-making concept can be applied in a company. W sold hardware…
Q: Using the two business decision making approaches, common sense and science; Compare and contrast…
A: A business decision-making approach is essential to make a successful business and achieve the goal.…
Q: There are some frequently used shortcuts in judging others and biases and errors that we fall into…
A: Bias or making errors is part of the decision-making process but an individual should be open-minded…
Q: Do you prefer to make decisions in a group or alone? What are the main reasons for your preference?…
A: ANSWER : As an individual, I am a team player. thus I always prefer to make decision in the groups.…
Q: Can you describe the concept of decisionmaking biases and errors with some examples or
A: Inaccurate decision-making is frequently caused by common biases and judgment errors. Unfair…
Q: An organization theorist once told his class, “Organizations never make big decisions. They make…
A: Decision making - The process by which the organization take all the decision which are necessary…
Q: Discuss the different roles played by the qualititative and quantitiative approaches to managrial…
A: Qualitative approach: 1. This approach needs an experiential knowledge of various factors that are…
Q: Apply the RATIONAL DECISION MAKING MODEL and step by step elaborate how will you make sure to…
A: Not everyone follows the same process while making decisions. Actually, not everyone likes to adopt…
Q: can you find pro and cons on this statement? And please explain in detail. Companies in cultures…
A: Work cultures differ in many ways, but approaches to authority and decision-making are likely the…
Q: Managers must have authority, potential and ability to deal with the changing environment, to handle…
A: The changing environment can be defined as the disturbance or change in the environment which can…
Q: What are the four (4) different problems faced by a management in the decision-making process? Give…
A: The Decision-making process is the typical proces of an organization in which the firm makes choices…
Q: In this course we’ll be talking about how management science can help managers make good decisions.…
A: In our everyday life we encounter with a number of problems, so, solving those problems and making a…
Q: Why do you think respecting cultural diversity plays a significant role in our lives today? Justify…
A: Below is the solution:-
Q: A management science solution can be either a recommended decision or information that helps a…
A: Concept Introduction : Management Science is a concept of management which deals the systematic…
Q: What are the limitations of authoritarian decision making?under which conditions do you think…
A: The authoritative style of decision making where an individual pursues the power to make the…
Q: A. Describe the bounded rationality model of making decisions. B. How useful are such models of…
A: A. BOUNDED RATIONALITY MODEL OF MAKING DECISIONS: Bounded rationality model of decision making is…
Q: A) Effective decision-making results ineffective results, discuss decision making steps and provide…
A: The process of decision-making is to choose two or more routes. Decision-making includes the choice…
Q: Please explain the types of decisions in your own word. Give one example of each
A: Decision making is a vital element of managerial activities. It is a process of selecting the best…
Q: A British computer firm is acquiring a smaller competitor located in Frankfurt. What are two likely…
A: Decision making is referred to as the process of making choices after identifying a decision,…
Q: Explain the main procedures for an effective decision-making?
A: One of the most important cognitive processes is decision-making, since it leads to a fixation on a…
Q: Decision making under ignorance- what kind of situations/ problems are considered? What strategies/…
A: Choices under ignorance are decisions made when one can't allot an emotional likelihood to the…
Q: role of Quantitative Techniques for Decision Making and its ele
A: Quantitative techniques are utilized to aid dynamic. To work successfully in a cutting-edge business…
Q: A. Why do you think respecting cultural diversity plays a significant role in our lives today?…
A: In the domain of Marketing cultural diversity refers to varied segments based on linguistic,…
Q: Describe centralization and decentralization, delegation, and authority as the key ingredients in…
A: Decision-making is the act of making choices by gathering information, choose between the…
Q: Write about an experience—positive or negative—that you have had that shows why decision-making is…
A: Decision making refers to choosing or deciding the alternative that best suited to all the…
Q: behavioural nature of decision making.
A: A decision is a course of action chosen from a range of options with the intent of achieving…
Q: Could automated evidence-based management ever replace human decision makers? Why, or why not?
A: Automated Evidence-based management can never replace human decision-makers. Because it might happen…
Q: Knowing that growth is one of Gateway’s long-term objectives, do you agree with Inouye’s decision to…
A: Over the years of Gateway's operation as the prime computer company, going toe-to-toe with Dell and…
Q: What are the advantages and disadvantages of group decision-making, and how can a manager improve…
A: A Group decision making means decision taken by the team of members came together formed as group…
Q: 2. If your problem-solving insights are requested by top management, you will compare intuitive and…
A: Note: - Since the exact question that has to be answered is not specified, we will answer the first…
Q: Distinguish the factors that influence decision-making vs problem-solving
A: Decision-making: Decision-making is a process in which the management decides which alternative is…
Q: Decision making is a fundamental management function. In the light of this statement, define and…
A: Decision making can be said as the process in which the managers of a company make choices by…
Q: What are the steps of effective decision making? Is there a difference between wrong decisions and…
A: Decision making - Decision making is the process of making choices by identifying a decision,…
Q: i Dont need handwritten work. i need words so i copy and paste Do the steps in the decision-making…
A: The Decision-making process is very important in every business. Taking the right decisions helps in…
Q: Give the guideline, to prevent the appearance of collective thinking in decision-making meetings?
A: Decision-making meetings are group discussions to discuss various issues and reach conclusions with…
Q: Looking at Gateway’s recent history, what would you identify as the top two or three problems that…
A: Over the course or phases of their initial years of operation and then the maturity following their…
Q: IN WHAT WAYS DO THE CLASSICAL AND ADMINISTRATIVE MODELS OF DECISION-MAKING HELP MANAGERS APPRECIATE…
A: Decision-making illustrates the choice of a certain course of action from several options to reach…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- 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.Decision making is a fundamental management function. In the light of this statement, define and explain, with examples, all the views on how managers make decisions. Answer this question in not more than 400 words2. If your problem-solving insights are requested by top management, you willcompare intuitive and logical decision-making methods.3. Can you describe the environment of the decision maker and the criteria for makingan accurate/scientific decision as a learner of Human Behavior in an Organization?4. In presenting your suggestive solution to the issues and concerns of yourcompany, there is a protocol to clarify pacing and engagement as they contributeto the decision-making process.5. If you are the organization's accountable managerial leader and you are one of themain decision-makers, what are the best-known innovative decision-makingtechniques?
- Herbert Simon (cited in Certo & Certo (2014) questioned the ability of managers to make rational decisions. In his opinion, managers are not able to make perfectly rational decisions. a. Do you agree? Why/Why not? b. Secondly, it is often said that managers often make decisions without all the necessary information. Why is this so?Why is decision making often described as the essence of a manager’s job?Is there a difference between wrong decisions & bad decision?Why do good managers sometimes make wrong decision? Bad decision?How can managers improve their decision-making skills?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?
- GATEWAY CHIEF MAKES DARING DECISIONSRead the case and answer the questions that follow. Studying this case will help you better understand how decisionmaking concepts can be applied in a company such as Gateway.Bill Gates, Michael Dell, and . . . Ted Waitt? Like Gates and Dell, Waitt left college to form a computer company, Gateway.He and Mike Hammond, now senior vice president of manufacturing, started the firm in a farmhouse with a loan secured by a $10,000 CD owned by Waitt’s grandmother. Initially, they sold hardware peripherals and software to owners of PCs made by Texas Instruments; later they expanded into designing and assembling their own fully configured PC systems for direct sale to consumers and businesses.As his company grew, Waitt used his Midwestern roots to differentiate the South Dakota–based company from competitorssuch as Dell and Hewlett-Packard. For example, he used eyecatching cow spots to establish a brand image, which can bequite difficult in the standardized…GATEWAY CHIEF MAKES DARING DECISIONS Read the case and answer the questions that follow. Studying this case will help you better understand how decision- making concepts can be applied in a company such as Gateway. Bill Gates, Michael Dell, and . . . Ted Waitt? Like Gates and Dell, Waitt left college to form a computer company, Gateway. He and Mike Hammond, now senior vice president of manufacturing, started the firm in a farmhouse with a loan secured by a $10,000 CD owned by Waitt’s grandmother. Initially, they sold hardware peripherals and software to owners of PCs made by Texas Instruments; later they expanded into designing and assembling their own fully configured PC systems for direct sale to consumers and businesses. As his company grew, Waitt used his Midwestern roots to differentiate the South Dakota–based company from competitors such as Dell and Hewlett-Packard. For example, he used eyecatching cow spots to establish a brand image, which can be quite difficult…GATEWAY CHIEF MAKES DARING DECISIONS Read the case and answer the questions that follow. Studying this case will help you better understand how decision- making concepts can be applied in a company such as Gateway. Bill Gates, Michael Dell, and . . . Ted Waitt? Like Gates and Dell, Waitt left college to form a computer company, Gateway. He and Mike Hammond, now senior vice president of manufacturing, started the firm in a farmhouse with a loan secured by a $10,000 CD owned by Waitt’s grandmother. Initially, they sold hardware peripherals and software to owners of PCs made by Texas Instruments; later they expanded into designing and assembling their own fully configured PC systems for direct sale to consumers and businesses. As his company grew, Waitt used his Midwestern roots to differentiate the South Dakota–based company from competitors such as Dell and Hewlett-Packard. For example, he used eyecatching cow spots to establish a brand image, which can be quite difficult…
- GATEWAY CHIEF MAKES DARING DECISIONS Read the case and answer the questions that follow. Studying this case will help you better understand how decision- making concepts can be applied in a company such as Gateway. Bill Gates, Michael Dell, and . . . Ted Waitt? Like Gates and Dell, Waitt left college to form a computer company, Gateway. He and Mike Hammond, now senior vice president of manufacturing, started the firm in a farmhouse with a loan secured by a $10,000 CD owned by Waitt’s grandmother. Initially, they sold hardware peripherals and software to owners of PCs made by Texas Instruments; later they expanded into designing and assembling their own fully configured PC systems for direct sale to consumers and businesses. As his company grew, Waitt used his Midwestern roots to differentiate the South Dakota–based company from competitors such as Dell and Hewlett-Packard. For example, he used eyecatching cow spots to establish a brand image, which can be quite difficult…In this course we’ll be talking about how management science can help managers make good decisions. Discuss what goes into the decision making method vs. problem solving. Provide one example where you used the problem solving method.“Statistically we expect that good decisions will lead to favorable outcomes more often than will either poor decisions, or decisions reached by default. In a sense, this is a statement of faith on which all rational approaches to human affairs are based” (Amara and Lipinski, 2020). Discuss this statement, and assess the value of the analytical decision approach as an operational tool of management decision-making.