Question: After studying Chapter 1 1 , you will have an increased understanding of the following points: - Rational and nonrational models of decision making -
After studying Chapter you will have an increased understanding of the following points:
Rational and nonrational models of decision making
Decisionmaking biases
EvidenceBased Decision making
Decisionmaking styles
How to make ethical descisions
Group or team decision making
The role of creativity in decisionmaking
Please answer each of the following questions and leave the original number and question in your submission:
Provide examples of both rational and nonrational decision making. Discuss the differences using an example from your own life.
Define and discuss the stages of rational decision making. Most of us have a tendency to skip one or more of these steps. What do you tend to skip?
State and provide an example of each of the types of decision bias.
Define and give an example of evidencebased decision making. Provide an example of a time when you were part of or observed, a decision that should have been made based on evidence but wasn't.
State and provide an example of the decisionmaking styles.
Explain how a decision tree could assist you in making more ethical decisions.
Discuss the pros and cons of group decision making.
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