using Porter's value chain analysis: explain how organizational decisions are made, the decision- making process and be able to compare different types of decision-making. o What is the decision making process in your organization?
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- Explain the two systems used by the brain in decision-making.What is confirmation bias? Explain how it can be a barrier to effective decision-making.How business decision-making provides the process of identifying, analyzing, and selecting among alternative courses of action to achieve organizational objectives? What is individual and group decision processes and how do they impede business decision-making?
- Explain the four decision-making styles. Give one example of eachAttach the decision tree to business decision model to something a manager does every day and include insights into how you crafted it. How would you apply this decision-making experience to larger scale decisions at an organizational level?What role does data and information play in the decision-making process for managers?
- How the decision-making process is improved?Write a paper that addresses the following points: Identify at least one bias that impacts your decision making process. Discuss what triggered this particular bias and what steps you plan to take it to address it. Discuss how this bias impacted your decision. How confident do you feel about your decision making processes in general? Do you suffer from the "overconfidence" syndrome? If so, under what circumstances?Differentiate between extensive decision making and Limited decision making ? Give an example of each?
- Why TCS was using core values? How do you think core values helps in making decisions in organizations?Why does it make sense to discuss several different models of decision making?What are the limitations and criticisms of decision theory as a framework for decision- making? Are there alternative theories or approaches that address these limitations?