MGT 315 Study Guide - Final Guide: Malcolm Forbes, Centrality, Transformational Leadership
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Exam iii mgt 315: co(cid:448)ers 4 (cid:373)ai(cid:374) su(cid:271)je(cid:272)t areas, decision making, emotions & stress, negotiation, leadership. Decision making: nor(cid:373)ati(cid:448)e assu(cid:373)ptio(cid:374) (cid:448)s. bou(cid:374)ded ratio(cid:374)ality. Evaluate the alternatives, choose the best one. There should (cid:271)e a (cid:272)lea(cid:396) (cid:862)(cid:396)ight(cid:863) de(cid:272)isio(cid:374) I find their illogic a(cid:374)d foolish e(cid:373)otio(cid:374)s a (cid:272)o(cid:374)sta(cid:374)t i(cid:396)(cid:396)ita(cid:374)t. (cid:863) (cid:862)whe(cid:374) (cid:455)ou eli(cid:373)i(cid:374)ate the i(cid:373)possi(cid:271)le, (cid:449)hate(cid:448)e(cid:396) (cid:396)e(cid:373)ai(cid:374)s, ho(cid:449)e(cid:448)e(cid:396) i(cid:373)p(cid:396)o(cid:271)a(cid:271)le, (cid:373)ust (cid:271)e the truth. (cid:863) Ob/psychology approach: bounded rationality, the notion that decision makers do not have the ability or resources to process all available information and alternatives to make an optimal decision. Po(cid:272)k, is (cid:396)e(cid:272)og(cid:374)ized as a (cid:272)o(cid:373)(cid:373)a(cid:374)d p(cid:396)e(cid:396)ogati(cid:448)e. (cid:863) (cid:862) o(cid:373)eti(cid:373)es a feeli(cid:374)g is all (cid:449)e hu(cid:373)a(cid:374)s ha(cid:448)e to go o(cid:374). (cid:863) Programmed: automatic response, less thought out process, largely based on experience & intuition. Non-programmed: result of new, complex situations, problem needs to be solved, should rely on rational decision making model. I see what i want to see: not listening to the other arguments or other perceptions.
