Flashcards
mgmt ch 6
Cards in this deck (10)
- 1types of decisionsprogrammed
non-programmed - 2programmed decision-routine and repetitive
-strucutred, planned
-made according to guidelines - 3nonprogrammed decisionone time, non routine, unique
less structured - 4decision maker orientations-receptive
-exploitative
-hoarding
-marketing oriented - 5rational decision making process1. identify exisiting problem
2. list alternative solutions
3. select most beneficial alternative
4.implement chosen alternative
5.gather problem related feedback - 6herbert simon theorymanagers are bounded in terms of time, computational power,and knowledge when making decisions
-managers often satisfice (good enough) - 7probability theoryEV=I x P
expected value of alternative is the income the alternative will produce, multiplied by its probability of producing that income - 8nominal group techniue-each member writes down ideas on decision or problem being discusses
-member presents ideas
-entire group discusses ideas simultaneously
-secret ballot vote is taken
-idea with most votes wins - 9delphi technique-problem identified
-members offer solutions thru anonymous questionnaire responses
-responses are compiled and sent out
-individual group members select solution
-process repeats until consensus is reached - 10group decision making techniques-brainstorming (same room)
-nominal group (same room)
-delphi (can be geographically separated)
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- Flashcards on mgmt ch 6, created by Marina Irene on 26/09/2016.
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- Marina Irene
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