Decision Making

Decision-Making Decision-Making Decision-making introduction Excellent decision-making is an essential tool used for management and leadership within an organization. It is important that an organization learns to make appropriate and well-considered decisions; in return the manager will lead the team to spectacular and well deserved success. However, poor decisions made can lead to failure. Decision-making is […]

The main causes of accidents in aeronautical decision making to a great extent dwell on the judgment of the pilot. Experienced pilots know that timely decision making leaves one with more options of future decisions to make. The inevitable losses that may result from imminent danger are often avoidable in cases where the pilot’s intuition […]

Leadership and Group Effectiveness The dynamics of group decision making is the central focus in the film 12 Angry Men. The leaders of the group are defined by two separate characteristics; those that are appointed as the leader and those with no special title that emerge as influential. In the movie you can recognize several […]

Decision making occurs when one chooses a choice among reasonable alternatives. Perception is a very important component of the decision making system.  In a psychological perspective perception can best be described as the process of inquiring, processing, and organizing information necessary to make a decision.  Or in other words perception can be scene as one’s […]

What is irrational and rational decision making? Well first to understand what each on is individually, I believe that you should know what each word means separately. So according to meriam-webster. com, rational means, “having reason or understanding” (Rational, 2009) while irrational means, “not endowed with reason or understanding. ” (Irrational, 2009). Lastly but not […]

A CONSUMER DECISION-MAKING PROCESS IN PURCHSING A CAR Research suggests that customers go through five stages in making decision on any purchase (The Engel, Blackwell and Miniard, 1990). The economic buyer theory published by South-Western college in 1997 () explained that all customers have full information, make comparison, are rational, they have limited resources to […]

???? Cases for Management Decision Making CA-1 ??? ?? suggested uses of cases Case CASE 1 Greetings Inc. : Job Order Costing CASE 2 Greetings Inc. : Activity-Based Costing CASE 3 Greetings Inc. : Transfer Pricing Issues CASE 4 Greetings Inc. : Capital Budgeting CASE 5 Auburn Circular Club Pro Rodeo Roundup CASE 6 Sweats […]