Kinesiology 2298A/B Lecture Notes - Lecture 6: Decision-Making, Bounded Rationality, Rationality

• School: Western University
• Department: Kinesiology
• Course: Kinesiology 2298A/B
• Professor: Laura Misener

Document Summary

Slide 4: define/frame the problem, generate all possible alternatives, evaluate all alternatives, select the best alternative. Slide 5: programmed, made by applying decision rules in response to recurring situations or problems, generally, less complex and easier, non-programmed, involves a situation that is unique and poorly defined, generally, more complex and time consuming. Slide 6: the extent to which a manager focuses on a particular decision depends on, significance of the problem, consequences of making a particular decision. In many cases, a relationship exists between programmability and significance of a decision. Slide 8: rational decision: the best means are selected to achieve a given end, rationality applies only to the means and not to the ends (goals, ethical vs. Factual content of decisions: choice of a goal (ethical content) cannot be proven correct/incorrect, the choice of how to achieve that goal (factual content) can be determined to be logical/illogical.