Judgement in Managerial Decision MakingBased on examples fro.docx
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The document focuses on the nuances of managerial decision making, examining themes such as the decision-making process, organizational learning, and creativity. It highlights the impact of judgmental heuristics and common biases that can affect decisions, along with the limitations of human judgment. Additionally, strategies for improving decision-making outcomes are discussed.
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Judgement in Managerial Decision MakingBased on examples fro.docx
- 1. Judgement in Managerial Decision Making Based on examples from one of the recommended articles selected by you, the lecture notes, the text, and other sources, discuss one or several of the themes: the nature of managerial decision making, the steps in the managerial decision making, organizational learning and creativity, judgmental heuristics, common biases in managerial decision making, bounds of human judgment, strategies for making better decisions.