Questions and Answers
What is the nature of managerial decision making?
Responding to opportunities and threats by analyzing options
What are the two types of decisions that managers differentiate between?
Programmed and nonprogrammed decisions
Why is nonprogrammed decision making considered complex and uncertain?
Due to the unique and non-routine nature of the decisions
What can lead managers to make poor decisions?
Signup and view all the answers
What role do organizational learning and creativity play in helping managers improve their decisions?
Signup and view all the answers