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 11, you will have an increased understanding of the following points:
- Rational and nonrational models of decision making
- Decision-making biases
- Evidence-Based Decision making
- Decision-making styles
- How to make ethical descisions
- Group or team decision -making
- The role of creativity in decision-making
Please answer each of the following questions and leave the original number and question in your submission:
1. Provide examples of both rational and nonrational decision making. Discuss the differences using an example from your own life.
2. Define and discuss the 4 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?
3. State and provide an example of each of the 8 types of decision bias.
4. Define and give an example of evidence-based 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.
5. State and provide an example of the 4 decision-making styles.
6. Explain how a decision tree could assist you in making more ethical decisions.
7. Discuss the pros and cons of group decision making.

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