They also tend to be autocratic-type managers. Which of these describe how knowledge of decision-making styles affects managers’ work?
It gives managers an understanding of how different people reach different conclusions
. It allows managers to better identify personal strengths and weaknesses.
Which of these describes how knowledge of decision making styles affect managers work?
They also tend to be autocratic-type managers. Which of these describe how knowledge of decision-making styles affects managers’ work?
It gives managers an understanding of how different people reach different conclusions
. It allows managers to better identify personal strengths and weaknesses.
Which decision making style is characterized by a high tolerance for ambiguity and the consideration?
E:
Conceptual
(High ambiguity tolerance, Social focus) Conceptual decision makers are creative, exploratory, interested in novelty and comfortable taking risks. They are big-picture, creative thinkers who like to consider many different options and possibilities.
Which model of decision making explains how managers should use logic to determine the optimal means of furthering the organization’s best interest?
A _____ is a choice made from available alternatives. According to psychologist Daniel Kahneman, System 1 thinking is _____. Which model of decision making explains how managers should use logic to determine the optimal means of furthering the organization’s best interests? …
Think up alternative solutions
.
Which model of decision making explains how managers?
classical model
; the style of decision making that explain how managers should make decisions; it assumes managers will make logical decisions that will be the optimum in furthering the organization’s best interest.
What are the 3 types of decision-making?
- strategic.
- tactical.
- operational.
What are the 4 style of decision-making?
The four styles of decision making are
directive, conceptual, analytical and behavioral options
. Every leader has a preference of how to analyze a problem and come to a solution.
Is a graph of decisions and their possible consequences?
A decision tree
is a graph of decisions and their possible consequences; it is used to create a plan to reach a goal. Decision trees are used to aid in making decisions.
Which of the following is an example of conceptual decision making style?
Those who make decisions with a conceptual style are big picture thinkers who are willing to take risks. They evaluate different options and possibilities with a high tolerance to ambiguity. … They are strong in making long-term decisions. Example:
Joe’s startup retail company is performing well during their first year
.
What are symptoms of groupthink?
- Invulnerability. Members of the group share an illusion of invulnerability that creates excessive optimism and encourages taking abnormal risks.
- Rationale. …
- Morality. …
- Stereotypes. …
- Pressure. …
- Self-censorship. …
- Illusion of Unanimity. …
- Mind Guards.
What is the process of analyzing the underlying causes?
Diagnosis
is analyzing the underlying causes.
What is good about group decision making?
Group decision making provides two advantages over decisions made by individuals:
synergy and sharing of information
. Synergy is the idea that the whole is greater than the sum of its parts. When a group makes a decision collectively, its judgment can be keener than that of any of its members.
What is a conceptual decision making style?
Conceptual style decision making
describes people who enjoy the ambiguity of open-ended options and are motivated to make an impact on the world
. If you are a conceptual style decision maker, you likely day-dream often and quickly come up with creative ideas when needed.
How do managers in an organization make decisions?
- Define the problem.
- Identify limiting factors.
- Develop potential alternatives.
- Analyze the alternatives.
- Select the best alternative.
- Implement the decision.
- Establish a control and evaluation system.
Where is decision tree used?
Decision trees are used for
handling non-linear data sets effectively
. The decision tree tool is used in real life in many areas, such as engineering, civil planning, law, and business. Decision trees can be divided into two types; categorical variable and continuous variable decision trees.
What is the third step of the rational decision making process?
In the third step of rational decision making (
evaluating alternatives and selecting a solution
), you need to evaluate each alternative not only according to cost and quality but also according to these questions: (1) Is it ethical? (2) Is it feasible? (3) Is it effective? You just studied 25 terms!
