Decision making is a key managerial skill. Please reflect upon and evaluate your current skill (and preferences) as a decision maker.

• Do you prefer to make decisions as an individual or in a group? What is the reason for your preference? (Hint: Here it is important to talk about decision-making outcomes!)

1. Please describe your experience using one of the decision-making tools described in this week's reading. How effective was the tool?
2. Please describe one or more times when you fell into a decision-making trap (using the traps in this weeks material). How did you ultimately realize that you made a poor decision? Please be specific!
3. Have you seen an example of an ethical or unethical decision being made? Describe what you observed.
4. Taking into account both your experiences and our class learning materials, what are the key lessons you have learned about decision making? How can you avoid decision traps? How can you use decision-making tools to your advantage?
5. What is at least one thing you want to remember as a future manager (that will help you become a better manager) from the chapters you read this week?

Module: Decision Making

Business Management degree

Key terms to be used in the answers: Decision making 7 step approach, process, internal factors, rational decision making, traps, tenets, intuitive, creative, etc.