Decision Making
Decision Making
What is the process of making choices from among alternatives
What does the P in Prach stand for?
Perception
What is a process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment
First step of the rational model of decision making
What is identifying and diagnosing the problem
Who makes decisions in organizations?
What is employees at all levels of organizations
What does the R in pRach stand for?
Perceptual Biases
What is flaws in perception due to mental shortcuts people make to simplify information that is processed
Second step in the rational model of decision making
Generating alternative solutions
Rational Decision Making
What is defining the problem , generating alternative solutions, evaluating alternative solutions, making the choice, implementing the decision, evaluating the decision
What does the A in prAch stand for?
What is Availability bias?
What is based on people's perception in the workplace?
Third step in the Rational Model of Decision making
What is evaluating alternative solutions
Time Inc bought what company? In what year? Why?
What is Myspace, 2011, to re brand the company.
What is perceptual Contrast effect?
Can perceptions change?
What is, yes
Fourth step in the rational model of decision making
3 types of decision making
What is logic, intuition, cognitive based
what does the H stand for in pracH?
What is Halo effect?
One way perceptual bias is affected in the workplace
Affects job performance
Affects how job applicants are seen in interviews
Affects leadership
Fifth and sixth step in the rational model of decision making
What is implementing the decision and evaluating the decision