12 Questions
What is a key concern raised about the Rational Actor Theory (RAT) model in decision making?
Assumption of a single best outcome
What is a challenge faced by decision bodies in implementing the rational model?
Difficulty in gathering necessary information
In the context of decision making, what does the text suggest about individuals' interpretation of outcomes?
Contexts and interpretations vary among individuals
What do Ahmed & Shepherd (2010) illustrate about creative managers in decision making?
They generate novel solutions through a combination of factors
Which observation about the RAT model is NOT mentioned in the text?
All managers exhibit altruism in their decision-making
What is a way to potentially negate the need for overt governance control procedures and policies?
Developing strong trust within and between organizations
Why might pursuing and believing in RAT models of decision-making incur a competitive cost for organizations?
Divergence in individual interests
What observation is made about the value attached to choosing between preferred outcomes and actions according to the text?
It varies between different managers and individuals
The phased model rejects which kind of outcome?
Optimally economic
In the context of decision making, what does the term 'procedural rationality' refer to?
Decisions shaped by contextual and situational pressures
What is a key attribute of the RAT model, as mentioned in the text?
Minimal external control is needed for systems to function
How does the text describe the cognitive structure and order retained by the phased model in decision making?
Informed by a clear objective informing preferred solutions
Explore your knowledge about the phased decision making model and its cognitive structure. Test your understanding of how decisions are made and evaluated based on Langley et al.'s 1995 research.
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