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Questions and Answers
What concept refers to the idea that humans are limited in their ability to process all information necessary for optimal decision-making?
What concept refers to the idea that humans are limited in their ability to process all information necessary for optimal decision-making?
In traditional organizations, what decision-making practice was observed according to early studies mentioned in the text?
In traditional organizations, what decision-making practice was observed according to early studies mentioned in the text?
Which approach to management decision-making is emphasized in the discussed chapter?
Which approach to management decision-making is emphasized in the discussed chapter?
What term is used in the text to describe decision outcomes that are not optimal but acceptable?
What term is used in the text to describe decision outcomes that are not optimal but acceptable?
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Which Soft Systems Methodologies modes are focused on in the discussed chapter?
Which Soft Systems Methodologies modes are focused on in the discussed chapter?
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According to Lindblom (1959), what is the practice observed in decision making in traditional organizations?
According to Lindblom (1959), what is the practice observed in decision making in traditional organizations?
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What did the concept of 'bounded rationality' introduce in the understanding of human decision-making?
What did the concept of 'bounded rationality' introduce in the understanding of human decision-making?
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What aspect is emphasized as valuable in the decision-making process according to the discussed chapter?
What aspect is emphasized as valuable in the decision-making process according to the discussed chapter?
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What is the main focus of the satisficing view in decision making?
What is the main focus of the satisficing view in decision making?
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According to Cohen, March, and Olson's 'Garbage Can' model, what type of decisions are expected outcomes in organizational decision making?
According to Cohen, March, and Olson's 'Garbage Can' model, what type of decisions are expected outcomes in organizational decision making?
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Why are satisficing decisions considered the expected outcome in organizations?
Why are satisficing decisions considered the expected outcome in organizations?
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What does 'muddling through' decision making rely on?
What does 'muddling through' decision making rely on?
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Which phrase best describes 'logical incrementalism' in decision making?
Which phrase best describes 'logical incrementalism' in decision making?
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What additional goal was assigned to 'muddling through' to improve the decision-making process?
What additional goal was assigned to 'muddling through' to improve the decision-making process?
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What is the main focus of Chapter 5 in 'Decision Making in Management'?
What is the main focus of Chapter 5 in 'Decision Making in Management'?
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In 'Decision Making in Management', what does the term 'irrationality' refer to?
In 'Decision Making in Management', what does the term 'irrationality' refer to?
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'Neo-functionalism' and 'logical incrementalism' are terms primarily associated with which type of decisions?
'Neo-functionalism' and 'logical incrementalism' are terms primarily associated with which type of decisions?
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What does the text suggest has weakened as managers rely more on statistical relationships of data?
What does the text suggest has weakened as managers rely more on statistical relationships of data?
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Why do public institutions and organizations tend to muddle through using knowledge of similar problems?
Why do public institutions and organizations tend to muddle through using knowledge of similar problems?
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Which chapters in 'Decision Making in Management' are specifically concerned with 'irrational' models of decision making?
Which chapters in 'Decision Making in Management' are specifically concerned with 'irrational' models of decision making?
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What is the primary concern when incorporating human input into the decision-making process according to the text?
What is the primary concern when incorporating human input into the decision-making process according to the text?
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Which of the following best describes the approach to decision making discussed in Chapter 5?
Which of the following best describes the approach to decision making discussed in Chapter 5?
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'Decision Making in Management' shifts focus to 'irrational' models to emphasize the management of:
'Decision Making in Management' shifts focus to 'irrational' models to emphasize the management of:
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'Decision Making in Management' chapters 6 and 7 address human input at what levels of analysis?
'Decision Making in Management' chapters 6 and 7 address human input at what levels of analysis?
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What are the three stages in the three phase model of decision making discussed in the text?
What are the three stages in the three phase model of decision making discussed in the text?
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Why is the three phase model of decision making considered more realistic according to the text?
Why is the three phase model of decision making considered more realistic according to the text?
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What aspect does the three phase model of decision making allow for consideration according to the text?
What aspect does the three phase model of decision making allow for consideration according to the text?
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How does the three phase model differ from normative frameworks like RAT models?
How does the three phase model differ from normative frameworks like RAT models?
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In what way does organizational hierarchy impact decision making models according to the text?
In what way does organizational hierarchy impact decision making models according to the text?
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What is a common attribute of decision making in smaller organizations as per the text?
What is a common attribute of decision making in smaller organizations as per the text?
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What characteristic distinguishes the Monte Carlo Simulation from other approaches to decision making?
What characteristic distinguishes the Monte Carlo Simulation from other approaches to decision making?
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How does the Monte Carlo Simulation allow managers to make recommended decisions?
How does the Monte Carlo Simulation allow managers to make recommended decisions?
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Which aspect of strategic decision making involves considering the subjective construction of individual reality?
Which aspect of strategic decision making involves considering the subjective construction of individual reality?
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In the context of Monte Carlo Simulation, what do the random numbers assigned to cash flow possibilities represent?
In the context of Monte Carlo Simulation, what do the random numbers assigned to cash flow possibilities represent?
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What type of patterns does the Monte Carlo Simulation avoid when making recommendations?
What type of patterns does the Monte Carlo Simulation avoid when making recommendations?
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How does the Monte Carlo Simulation determine the more likely combinations of cash flow?
How does the Monte Carlo Simulation determine the more likely combinations of cash flow?
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What method does the Monte Carlo Simulation use to make recommended decisions?
What method does the Monte Carlo Simulation use to make recommended decisions?
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Which school of thought of strategy emphasizes the subjective construction of individual reality in decision making?
Which school of thought of strategy emphasizes the subjective construction of individual reality in decision making?
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