Question: - Describe the 8 steps in the decision-making process ( 5 pts) - Explain briefly the 4 ways managers make decisions (bounded rationality, satisficing, intuitive
- Describe the 8 steps in the decision-making process ( 5 pts) - Explain briefly the 4 ways managers make decisions (bounded rationality, satisficing, intuitive decision making and evidence-based management) ( 5pts) - Select one (of 4 mentioned above) that best represents your management style and explain why you chose it -give examples based on personal experience or outside observation. (7 pts) - Linear vs non linear thinking style -define the 2 types briefly -describe what type of thinking style you belong to (hint: you can be a mix of both) and provide at least 3 examples to support this ( 10pts) - The 12 common decision-making errors and biases: Select 4 and give real life examples for each (situation that happened to you or a friend, etc...) (7 pts)
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