Management, 13Th Edition
13th Edition
ISBN: 9780133910292
Author: Stephen P. Robbins & Mary A. Coulter
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Question
Chapter 2, Problem 6RDQ
Summary Introduction
To determine:
Whether the managers will be able to make a rational decision by making use of software tools and computers.
Introduction:
Decision making comprises selecting the best alternative out of available alternativesso as to come up with a solution for the problem at hand. It is also considered as a balance and check system that ensure the growth of the organization in both linear as well as vertical directions.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
What are the ethical considerations that managers need to be aware of when making decisions, and how can they ensure that their actions are aligned with the values of their organization?
A company manufacturing laptops is facing the problems of decreasing sales in the market. You can
imagine any product about which you are familiar with. What steps, each level of management
should take to give effect to this decision?
What are the key elements of effective decision-making, and how can managers develop the skills required to make sound decisions in a wide range of contexts?
Knowledge Booster
Similar questions
- Why better intelligence and knowledge that leads to better decisions are important?arrow_forwardHow can individuals evaluate the outcomes of their decisions, and what strategies can be used to learn from mistakes and improve decision-making patterns over time?arrow_forwardHow do you go about actually implementing the decisions you have made. in your company?arrow_forward
- Can we really learn to make decisions?arrow_forwardUsing the two business decision making approaches, common sense and science; Compare and contrast these two approaches using examples based from current business culture.arrow_forwardHow can managers effectively analyze and utilize data and information to support decision-making processes, employing tools such as business analytics, data visualization, and performance metrics?arrow_forward
- What are some strategies that might work to help counteract present bias and to help people to make decisions today that will lead to the tomorrow that they envision wanting to life in?arrow_forwardHow does effective decision-making contribute to managerial success, and what factors should managers consider when making important business decisions?arrow_forwardDescribe a decision that you have had to make recently that was difficult. What were the major issues? What were your alternatives? Did you have to deal with uncertainty? Were there important trade-offs to make?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Understanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage Learning
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning