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.

Lists the 7 steps generally used in decision-making in applying management science tools. Give complete examples to each step. Requirement: The examples should be a case problems or a scenario

2.1) Explain the importance of the management environment analysis and its impact on decision-making in a company like Eskom

Create a short managerial issue case  and explain how  trainees will develop good decisions to solve it: 1.List all types of evidence they will need to collect, and explain why; 2. Name the epidemiological data, studies, and metrics the trainees will need to support the decision-making process, explain why.  3.Explain the decision-making process the trainees will need to apply to this case.  4. List your own decisions and solutions for the case.

A management science solution can be either a recommended decision or information that helps a manager make a decision. Discuss

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 including all the 3 approach of decision making (rational, behaviour and practical), with examples, all the views on how managers make decisions. Explain with Examples.

How individuals in the organization make decisions are largely influenced by their perceptions. The optimizing decision maker is rational. Rational decision-making model describes how individuals should behave in order to maximize some outcome. Let’s talk about a self-created example / scenario. After completion of your BBA program, you intend to take a decision regarding admission in MBA or MS Program in any university. QUESTION: Apply the RATIONAL DECISION MAKING MODEL and step by step elaborate how will you make sure to optimize your decision with maximum outcome. In other words, elaborate in 6 steps how will you make sure to take a rational decision with maximum outcome.

General Motors planned to essentially quit making cars and trucks for nine weeks from mid-July through Sept and CC Power planned to close one of its nuclear plants permanently. Based on these particular news reports, what is the differencebetween GM’s and CC Power’s decisions?a. CC Power was trying to get rid of excess inventory, and GM was trying to become more efficient.b. GM was trying to maximise profits while CC Power was trying to minimise losses.c. GM’s decision to idle plants was a short-run shutdown decision. CC Power, by contrast, made a long-run decision toexit a specific market.d. There is no difference between GM’s and CC Power’s decisions; both were trying to get rid of excess inventory

1) A mechanistic structure is highly suitable for an organization operating in an environment with very high levels of uncertainty  True  False 2) In scenario-based planning, managers focus on various scenarios that present alternative pictures of what the future may look like and how the firm would like to respond to each scenario  True  False 3) An organization's external environment is defined as everything that exists outside the boundary of the organization and has the potential to affect all or part of the organization.    True  False