Question: . The Decision-making Process (8 points) To what extent did the decisions you made during the simulation seem non-programmed for unstructured problems ? Why? Give

. The Decision-making Process (8 points)

  • To what extent did the decisions you made during the simulation seem non-programmed for unstructured problems ? Why? Give an example when non-programmed decision making was used.
  • How important was creativity in your decision-making process? How important was knowledge-based judgment? Give examples.
  • Would your decisions have been better if you had made them alone instead of as a team? Why?
  • What did you learn about the value of information for businesses? What price would you be willing to pay to find out what your competitors are doing?

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