1. Please list the main types of approaches to decision making. How decisions CAN be made...

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General Management

1. Please list the main types of approaches to decision making.How decisions CAN be made and what CAN influence the decisionmaking process?
Maximum: 200 words (fewer is better). Bullet-list format for keypoints and figures preferred, if applicable.
2. Please describe the views and assumptions about a "good"decision making process in the West. Who should be making thedecision and how the process should go, as believed by the majorityof the people in the West?
Maximum: 300 words (fewer is better). Bullet-list format for keypoints preferred, if applicable.
3. Please describe the views and assumptions about a "good"decision making process in the East. Who should be making thedecision and how the process should go, as believed by the majorityof the people in the East?
Maximum: 300 words (fewer is better). Bullet-list format for keypoints preferred, if applicable.
4. How these differences can play out in the multiculturalworkplace? Why should businesses worry about these differences?Please note, while #1 is largely a definition/theory question, and#2 and 3 are answered for you in the video and the slides, # 4actually requires some thinking and therefore is worth 40% of theentire assignment.
Maximum: 400 words (fewer is better). Bullet-list format for keypoints preferred, if applicable.

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4.1 Ratings (570 Votes)

Answer There are many decision making approaches which gives deep understanding into the decision making process and allow managers to reach at certain decisions 1 Rational approach It is a very logical and economical approach of decision making process It is very appealing kind of approach because it provide the systematic process of decision making and also explain the process in various stages Assumptions Decision makers economically manage the organisations These decision makers are completely objective and have absolute information Various stages of rational decisionmaking approach 1 Explain the Situational Goal In the beginning a goal is explained for a certain situationThere are some decision making models which do not start with a goal However a situational goal should set that can be utilised as a benchmark in explaining the if there is a need to make decision in later stage 2 Recognise the Problem In this step decision maker identify a problem for which the decision should be made It includes the identification and collecting the information about the nature and causes of a particular problem 3 Describing the Decision Type In this See Answer

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