Describe the difference between programmed and
nonprogrammed decisions. What are the implications of these differences
for decision makers?
. Describe the different conditions under which decisions are made.
. Describe the behavioral nature
of decision making. Be certain to provide some detail about political
forces, risk propensity, ethics, and commitment in your description.
What is meant by the term escalation of commitment?
In your opinion, under what conditions is escalation of commitment
likely to occur?
Explain the differences between three common
methods of group decision making—interacting groups, Delphi groups, and
nominal groups.
Was your decision about what college or university
to attend a rational decision? Did you go through each step in rational
decision making? If not, why not?
. Most business decisions are
made under conditions of either risk or uncertainty. In your opinion, is
it easier to make a decision under a condition of risk or a condition
of uncertainty? Why?
. Recall a decision that you
recently made that had ethical implications. Did these implications make
the decision easier or harder?
In what ways are escalation of commitment and decision making under conditions of risk closely related to one another?
seq NL_a \r 0 \h Consider the following list of
business decisions. Which decisions would be handled most effectively by
group or team decision making? Which would be handled most effectively
by individual decision making? Explain your answers.
1. Use the
rational decision-making model to explain why Microsoft can make better
decisions when it has more complete and diverse sources of information.
. Use the behavioral
decision-making model to explain why Microsoft can make better decisions
when it has more complete and diverse sources of information.
3. What form of
group decision making does Microsoft use? Does Microsoft appear to
suffer from any of the potential drawbacks of that form? Explain.
