Framework for Decision-making Discussion Quiz

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What factors does an ideal decision-maker carefully consider according to the text?

The decision type (correct)

The decision-making style

The organization's level of analytics maturity

The availability of team support

In the Outer Circles model, what aspects are included?

Industry and society (correct)

Decision style and decision type

Knowledge, Skills, and Abilities (KSAs)

Colleagues and team members

What determines the decision style according to the text?

Manager type (correct)

Senior management preferences

Organizational culture

Availability of team support

Who is found in the middle layers of the model based on the text?

Colleagues, team members, and organization Signup and view all the answers

What influences an ideal decision-maker's choice of a decision-making style according to the text?

Availability of data resources Signup and view all the answers

What does an ideal decision-maker rely on to determine their decision-making style?

Knowledge, Skills, and Abilities (KSAs) Signup and view all the answers

In Urie Bronfenbrenner's Ecological Systems Theory, what does the outermost circle represent?

Society and culture at large Signup and view all the answers

According to Bronfenbrenner, what aspect of an individual's surroundings significantly influences management decision-making?

Exosystem characteristics Signup and view all the answers

How does an organization's level of analytics maturity impact management decision-making styles?

Low analytics maturity reduces reliance on data for decisions Signup and view all the answers

What is a key factor that influences organizational culture in relation to management decision-making?

Leadership style Signup and view all the answers

Which level of influence is not covered in the Ecological Framework as per Bronfenbrenner's model?

Government-level influences Signup and view all the answers

What are the three kinds of management decision-making styles identified in the text?

Balanced, high-judgment, high-data Signup and view all the answers

What environmental factors strongly influence organizational culture and analytics capabilities?

Customers, competitors, and government entities Signup and view all the answers

Which factor does NOT influence the decision-making style a manager uses, according to the text?

Frequency of organizational meetings Signup and view all the answers

How is an organization's level of analytics maturity characterized, as mentioned in the text?

By the organizational culture and team-level access to analysts and data capabilities Signup and view all the answers

Which outer circle factors influence the analytics maturity of individual organizations?

Customers, competitors, industrial entities, and government entities Signup and view all the answers

In the context of management decision-making styles, what does 'high-data' orientation refer to?

'Machine-oriented' style relying heavily on data and analytics Signup and view all the answers