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35762319
Managerial Decision-Making
Description
Mind Map on Managerial Decision-Making, created by Karen Toral on 06/03/2022.
Mind Map by
Karen Toral
, updated more than 1 year ago
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Created by
Karen Toral
about 2 years ago
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Resource summary
Managerial Decision-Making
What are the basic characteristics of managerial decision-making?
Decision-making is the action or process of thinking through possible options and selecting one.
Members of the top management team regularly make decisions that affect the future of the organization
What are the two systems of decision-making in the brain?
What is the difference between programmed and nonprogrammed decisions?
What barriers exist that make effective decision-making difficult?
How can a manager improve the quality of her individual decision-making?
What are the advantages and disadvantages of group decision-making, and how can a manager improve the quality of group decision-making?
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