Describe decision in rational decision making model
Consider the last decision that you have made (purchase of an automobile, purchase of a home, seeking a new job, etc.). Then, discuss that decision in terms of the rational decision making model. How could you have improved your decision?
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You and friend have five dollar bet that he will score his usual 25 points as he has been in a slump and he is due to break out of it. Is this a smart bet? Discuss your reasoning.
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Then, explain that decision in terms of rational decision making model. How could you have improved your decision?
If you are not good manager could you or should you own own business? Why or why not? Write down the differences between a business plan, a budget and company policies?
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What are the differences between a business plan, a budget and company policies? Write down the differences between Cash Flow and Profit?
How can a manager or a leader be effective in his actions and decision making? Is there any basis for making a decision that would impact the efficiency
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