Mgt236 decision making - identify five routine decisions


Assignment

To get full credit for this assignment, you must demonstrate that you have reviewed the following material. If you do not, the highest grade you will receive on this assignment is a "C":

Module 1 online lecture material

Questions

1. All decisions occur in a milieu of constraints. Briefly describe an important decision you have been involved with. What were the major constraints you or other decision makers faced when making this decision? How did these constraints affect the decision outcome?

2. Identify five routine decisions you've made in the past twenty four hours. For each decision, what were the principal decision-related challenges you faced? To what extent where these challenges handled at the conscious level when making your decision (i.e., Did you reflect on them before making the decision? Did your reflections influence the decisions?)?

3. Traditional approaches to decision making emphasize the need for rationality.

a. When we say decisions need to be rational, what do we mean?
b. Why is the need for rationality such a strongly held belief among theorists and practitioners of decision making? That is, why do so many people believe that it is a core requirement for effective decisions?

[The answer to this question can be found in the text, online lecture, and video presentations. Be sure to draw on this course material.]

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