Decision makers tend to rely on their implicit favorite when they a evaluate decision alternatives sequentially. b select an appropriate decision style. c want to avoid escalation of commitment. d want to make more creative decisions.
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- CHOOSE THE BEST ANSWER 17- Since the world is constantly changing, and new circumstances or trends can dramatically affect how you do business, it is therefore advisable for marketers to do: Group of answer choices myopic planning long-term planning only contingency planning static marketing plans 14- Which implementation approach does the book say is more advantageous because it moves some decision-making authority closer to the frontline people in the company? Group of answer choices Implementation through Change Implementation by Command Implementation through Consensus Implementation by AuthorityCovid-19 leads the economic crises that makes most companies to terminate their employees. What type of decision is fitted in this situation? a. Non- programmed decision b. Individual decision c. Minor decision d. Programmed decisionData-driven decision making is only applicable in business settings A B True False
- 35 *:A criticism of the rational choice model of decision making is-17 Ajthat it is never followed in practice. O B)that it is too complex for people in organisations to understand. C)the assumption that decision makers have unlimited resources to search for and process information. Djall of the above OIts not graded question. Dont reject Just solve it no need generalized answer . LEAD.305.HSF1 Adaptive Decision Making Ted Talk - Before you Decide: 3 steps to better Decision Making https://youtu.be/d7Jnmi2BkS8 • Identify three steps to better decision making. The Surprising Power of Online Experiments https://hbr.org/2017/09/the-surprising-power-of-online-experiments • Describeee aaaa process for business experiments.Focusing on symptoms instead of causes is the right thing to do in defining the problem in the decision- making process True False
- A decision tree Group of answer choices None of these statements. presents all decision alternatives first and follows them with all states of nature. All of these statements. presents all states of nature first and follows them with all decision alternatives. arranges decision alternatives and states of nature in their natural chronological order. alternates the decision alternatives and states of nature.LEAD.305.HSF1 Adaptive Decision Making Decision Journal/Log Lesson that we discussed from week 7. Week 1 - Introduction The Concept of Adaptive Decision Making, Cynefin Framework Week 2 This week have you watch videos to better understand the Cynefin model. the Streetlights and Shadows text. Management vs Leadership Week 3- This week is about reviewing Klein chapters, and finishing Pyramid of Success. Snowden's Model. Explore Trust in the Decision Making Process Week 4- Pyramid of Success Attributes that support Personal and Organizational Decision Making. how data impacted Baseball Week 5- This week is about reducing uncertainty and the power of online experiments. Blue Ocean strategy. Mark Cuban Disruption of the Pharma Week 6- three steps to better decision makingprocess for business experiments. Week 7 the org change process Present a good and bad example of organizational change Start a decision journal/log in week 5 through week 10. You must have at least one decision you…What is the major disadvantage to the expected value criterion in a decision tree? none of the other choices creating a correct decision tree modeling the decision process designing experiments to get posterior probabilities Expected values work best for a decision made many times. « Previous Not Simpfun
- my fav <33 Wag mo nalang sila pakinggang dami alam e now CASE STUDY Instruction: Read the article thoroughly and answer the questions that follow. Divulging or revealing confidential information such as the personal profile of clients is prohibited for employees especially among sales personnel. Any type of information such as trade secrets and other proprietary information should be kept protected by companies. Employees who have access to such information are trusted to keep them confidential. Overhearing information about a client should be dealt with accordingly. In the same manner, having confidential information about a competitor should be treated ethically. If the information about a client can help in boosting sales, execute the appropriate action to make things work out for the client and the company. Whatever personal information obtained should be kept confidential. On the other hand, trade secrets and other types of information should remain confidential within the bounds…1.Which of the following most accurately describes the adaptive-expectations hypothesis? A.The national debt owed to domestic and foreign investors does not include bonds held by agencies of the federal government or the Federal Reserve. B.Economic decision-makers weigh all available evidence when they form their expectations about future economic events. C.Economic decision-makers base their future expectations on actual outcomes observed during recent periods. D.The indebtedness of the federal government reflects the cumulative impact of budget deficits and surpluses. 2.The index of leading economic indicators is an index composed of economic variables that tend to turn( up or down) prior to the beginning of a recession and turn (up/or down) prior to the beginning of a business expansion. 3.Are the implications of the rational and adaptive expectations hypotheses different in the short-run? A.No, because under both theories people will begin to anticipate…Decision Making Process 1. Question 2. Curate 3. Analyze 4. Optimize Analzye discuss the steps in the decision-making framework above, in detail. Discuss the significance of this decision-making framework for organizations and when it is required for Marketing Strategist to utilize this framework in their business processes. Please include relevant Digital Marketing Analytics concepts when discussing the reponse.