subject
Business, 24.03.2021 21:40 caudhdi11721

Decision making is at the core of every leader's job. This activity is important because it focuses on the four key steps that a decision maker should strive to implement, to the greatest extent possible, when making a decision. The goal of this exercise is to challenge your knowledge of the four steps in rational decision making.
Write items into appropriate category after reading their description.
Stage 1 Stage 2 Stage 3 Stage 4
Definitions Examples
Think Generate
Implement Right
Evaluate Exceed
Identify Feel
Solve
Inhibit
Time
Work
Think - Think up alternative solutions
Implement - Implement and evaluate the solution
Evaluate - Evaluate alternatives and select a solution
Identify - Identify the problem or opportunity
Generate - Use techniques like brainstorming to generate alternative solutions to solving your current problems
Right - Decide whether a solution you've generated is the right thing to do, In other words, is this an ethical solution to a problem?
Exceed - Search for possibilities to exceed goals. This requires looking past the barrage of daily problems and figuring out what you can do better than expected.
Feel - Consider how those affected by your solution will feel about any changes, and give them the necessary latitude.
Solve - Think creatively about what you can do to solve problems you've identified
Inhibit - Look for difficulties that inhibit goal acheivement. these things include things like high staff turnover, competitor innovations, and sales shortfalls
Time - Take time to carefully plan out your chosen solution
Work - Evaluate a solution based on whether it's actually feasible. Do you have the time, resources, etc. to make this work?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:10
Which feature is a characteristic of a corporation?
Answers: 1
question
Business, 22.06.2019 12:10
Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:
Answers: 1
question
Business, 22.06.2019 13:30
The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.
Answers: 1
question
Business, 22.06.2019 18:30
You should typically prepare at least questions for the people who will host you during a job shadow. a. 3 b. 4 c. 5 d. 2
Answers: 1
You know the right answer?
Decision making is at the core of every leader's job. This activity is important because it focuses...
Questions
question
History, 07.04.2021 14:50
question
Spanish, 07.04.2021 14:50
question
Biology, 07.04.2021 14:50
question
Computers and Technology, 07.04.2021 15:00
Questions on the website: 13722361