Tuesday, February 21, 2012

Week 6 - MAP Notes #1

Decision Making Process "Don't Kick Over the Beehive"

Organizational Decision Making

> Problem identification
> Programmed Decisions
> Nonprogrammed decisions

Individual Decision Making

Rational Approach
1. Environment
2. Define the decision problem
3. Specify decision objectives
4. Diagnose the problem
5. Develop alternative solutions
6. Evaluate alternatives
7. Chose best alternative

Bounded Rationality Perspective

Constraints and Tradeoffs

Role of Intuition

No comments:

Post a Comment