BUAD 200 Lecture 10: Chapter 10 Notes

• School: Mary Baldwin University
• Department: Business
• Course: BUAD 200
• Professor: Cavin Chung

Document Summary

Learning objectives: understand the meaning of decision making, know key causes of poor decision making, compare and contrast individual and group decision making, understand how to develop your own personal decision making skills. How often should i communicate with my new coworkers. Learning objectives: define decision making, understand different types of decisions. Decision making: refers to selecting choices among alternative courses of action, which may also include inaction. Increasing effectiveness in decision making is an important part of maximizing effectiveness at work. Transformational leaders: managers at mcdonald"s hamburger university are trained in decision making. Identify the problem: establish decision criteria, weigh decision criteria, generate alternatives, evaluate the alternatives, choose the best alternative, evaluate the decision. Implement the decision: repeat from step 1. Analysis paralysis: too much time spent gathering information, too much information, no decision gets made. Individuals knowingly limit their options and choose the best alternative without conducting an exhaustive search for alternatives.