Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 2.3, Problem 1CC
Give an example of a programmed decision that a manager might face.
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Chapter 2 Solutions
Principles of Management
Ch. 2.1 - What challenges does New Belgium Brewery face in...Ch. 2.1 - Can you think of any other examples of companies...Ch. 2.1 - Would you like to work for an organization that is...Ch. 2.1 - What are some positive outcomes of decision-making...Ch. 2.1 - How is managerial decision-making different from a...Ch. 2.1 - In addition to the owners of a business, who are...Ch. 2.2 - Explain the two systems used by the brain in...Ch. 2.2 - What is emotional intelligence, and why is it...Ch. 2.3 - Give an example of a programmed decision that a...Ch. 2.3 - Give an example of a nonprogrammed decision.
Ch. 2.3 - What are heuristics, and when are they helpful?Ch. 2.3 - How are programmed and nonprogrammed decisions...Ch. 2.4 - Do you think a culture focused on learning makes...Ch. 2.4 - What are the advantages of a culture that...Ch. 2.4 - The job of CEO means making big decisions that...Ch. 2.4 - Explain the concept of confirmation bias.Ch. 2.4 - List and describe at least three barriers to...Ch. 2.4 - When is conflict beneficial, and when is it...Ch. 2.5 - If you were faced with an ethical dilemma, from...Ch. 2.5 - Describe some decisions that might be good for an...Ch. 2.5 - What factors would you take into consideration if...Ch. 2.5 - Explain what satisficing is and when it may be a...Ch. 2.5 - What are the six steps in the decision-making...Ch. 2.5 - What are the four steps involved in ethical...Ch. 2.6 - Explain why group decision-making can be more...Ch. 2.6 - What are some things that can prevent groups from...Ch. 2.6 - As a manager, what can you do to enhance the...Ch. 2 - What are some of the factors that enabled to Jen...Ch. 2 - What are the two systems that the brain uses in...Ch. 2 - What is a heuristic, and when would it be...Ch. 2 - What is confirmation bias? Explain how it can be a...Ch. 2 - What is a logical fallacy?Ch. 2 - What are the two types of conflict? Which one is...Ch. 2 - What are the steps in the decision-making process?...Ch. 2 - What can individuals do to improve the quality of...Ch. 2 - What can groups or group leaders do to improve the...Ch. 2 - What are the benefits of decision-making in a...Ch. 2 - Why do you think vinyl records are appealing to...Ch. 2 - Do you think the sales growth will continue to be...Ch. 2 - What research would you want to conduct prior to...
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Knowledge Booster
Similar questions
- how the heuristic and associated bias(es) play a part in an outcome. Explain how the biases could have been overcome to improve the decision.arrow_forwardExplain the four decision-making styles. Give one example of eacharrow_forwardMy Turn Too Be A Manager. Consider a big decision that you have made. Write a description of the decision using the steps in the decision-making process as your guide. What could you have done differently in the process to improve your decision?arrow_forward
- Discuss the potential of cognitive automation inmanagement decision-making.arrow_forward3. Discuss the different roles played by the qualitative and quantitative approaches to managerial decision making. Why is it important for a manager or decision maker to have a good understanding of both of these approaches to decision making?arrow_forwardBriefly discuss the Decisional Roles for managers with two examples.arrow_forward
- Explain how a manager’s risk aversion can affect decision making and how compensation plansshould be designed to deal with risk aversion.arrow_forwardDescribe the behavioural nature of decision making. Be certain to provide some detailsand examples about political forces, intuition, risk propensity, ethics, and escalation ofcommitment in your description.arrow_forwardHow should supervisors cope when employees come up with a different decision to theirs, in the decision making process?arrow_forward
- There are many models that describe the behaviours and roles of successful managers but noone model can be applied to all types of managers and situations. Is this statement True or False?arrow_forwardAttach 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?arrow_forwardCan you describe the environment of the decision maker and the criteria for making an accurate/scientific decision as a learner of Human Behavior in an Organization?arrow_forward
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