Preview

Unique and Complex Nature of Category 2 Decision Making Process

Better Essays
Open Document
Open Document
1039 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Unique and Complex Nature of Category 2 Decision Making Process
1. Despite the unique and complex nature of category II decision process in nevertheless generic. Discuss
The decision making process is extremely complex in case of the category II decision process. Yet, it is not generic as the circumstances and the opinions of each of the decision makers’ matters a lot. People from different parts of the world may approach decision making based on their cultural backgrounds, value systems and also based on their capacity and willingness to take risk by bypassing the steps involved in the process of decision making. The risks of bypassing the steps in a decision-making models includes taking wrong decisions or decisions that are not well thought of mainly due the lack of proper prudence and environmental analysis. It is extremely important that organizational managers understand that bounded awareness can and will occur in decision making as it is then possible for them to understand the importance of awareness and knowing the required information as this helps them in the process of decision making. In some parts of the world, it is extremely important that organizational managers understand that bounded awareness can and will occur in decision making as it is then possible for them to understand the importance of awareness and knowing the required information as this helps them in the process of decision making. Moreover at times the decisions can be made individually and sometimes it can be made only in groups. It varies from person to person and from circumstances to circumstances. All of this leads to there being a huge difference in the decision making and so it cannot be generalized.

2. Contrast the principle characteristics of the open decision model. Using examples.
Decision making strategies can be of several types. The open decision model focuses on the usage of empowerment for the purpose of taking decisions at the operational level. Delegation of authority forms an extremely important element of the present day

You May Also Find These Documents Helpful

  • Good Essays

    An individual 's decision-making process is an important when it comes to making decisions that can effect one 's family and way of life. The decision-making process is also a important part of the management structure when associated in the business world today. According to the text there are six important steps in the decision making process. The steps are as follows: (1) identify and diagnose the problem, (2) generate alternative solutions, (3) evaluate…

    • 636 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Task List: MGMT600-1204B-03 : Applied Managerial Decision-Making. (2012). Retrieved December 16, 2012, from Colorado Technical University Online: https://campus.ctuonline.edu/pages/MainFrame.aspx?ContentFrame=/Default.aspx…

    • 839 Words
    • 4 Pages
    Good Essays
  • Best Essays

    MSc Clinical Leadership

    • 5046 Words
    • 16 Pages

    Decision-making is an essential activity for managers and leaders (Hoff, 2004). However, it should be noted that the process of decision-making is important for all individuals in their lives (Holistic Management, 2000). Harris (2009) stated that bad decision-making from choosing incorrect alternatives results in anxiety, uncomfortable feelings, and time wasting.…

    • 5046 Words
    • 16 Pages
    Best Essays
  • Good Essays

    We all make decisions of varying importance in the workplace every day, so the idea that decision making can be a rather sophisticated process may at first seem strange. However, studies have shown that a large percentage of people are much poorer at decision making than they think. An understanding of what decision making involves, together with an effective techniques, will help produce better decisions. Decision making is the study of identifying and choosing alternatives based on the values and preferences of the decision maker (Harris, 1998). Making a decision implies that there are alternative choices to be considered, and in such a case we want not only to identify as many of these alternatives as possible but to choose the one that best fits with our goals, desires, lifestyle, values, and so on. To do this I will utilize Rick Robert's 7 Step Decision Making Model and apply it to a recent work-related decision. I will also describe how critical thinking impacted this decision.…

    • 764 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Tree-shaped, multivariable decision-making model. This model is used for solving difficult problems with minimized costs and risks with maximized benefits.…

    • 545 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    References: Bednarz, T. (2011). The Four Stages of Effective Decision Making. Majorium Business Press. Retrieved from http://majorium.wordpress.com/2011/10/27/the-four-stages-of-effective-decision-making/…

    • 2934 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Management Concepts

    • 289 Words
    • 3 Pages

    2. With references to decision-making theory covered in the chapter, describe the type of managerial decision-making evident in this case, and the conditions under which decisions were made.…

    • 289 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Self-Assessment

    • 519 Words
    • 3 Pages

    Based on self-assessment of decision-making style, the result of scoring and interpretation elaborate the highest is in analytical and the lowest rated in directive style.…

    • 519 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    If your decision making style is analytic, you take pleasure in resolving challenges and dilemmas. An analytic style decision maker is inventive and likes to investigate significant amounts of information before making a decision (Pennino, 2002). They are flexible and can operate well, even under demanding circumstances. Unfortunately, this style of decision making can be very lengthy and inefficient. An analytic decision maker wants to use direct observation, figures, and specifics when coming to a decision and wants to control every aspect of the process.…

    • 341 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Davenport presents no new information entailing the decision making process. He does, however, raise the question of why the majority of organizations continue to rely on intuition and ignore proven tools and methods without regard for the evidence pointing to their effectiveness. The author warns that without proper prioritization and systematic review of the decision making process, success remains a gamble.…

    • 1264 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Decision Making Style

    • 760 Words
    • 4 Pages

    Although mangers can control the decision making process, they not always make the best decision. The managers should keep in mind to be aware of the complexity of the decision making process and the availability of the wide range of skills that can be obtain in each situation. Awareness allows the identification of key moments in the decision process that can be influenced. The skills permits different type of actions; negotiation, bargaining, or manipulation of pressure just to mention a…

    • 760 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Pearl River Piano Case

    • 5326 Words
    • 22 Pages

    The Pearl River Piano group (PRP) had started as a Chinese state-owned firm in the mid-1950s. Due to low production cost and good access to raw materials, it enjoyed a price advantage and has successfully ventured abroad in the early 1990s. To further penetrate into the foreign markets, PRP has invited various expertises, upgraded its production methods and acquired foreign brands to improve the overall quality of its product to meet the international standard. By 2004, PRP captured 11% of US market share and exported products to over 14 European countries. However, many still thought PRP as low in quality and did not perceive PRP as “global brand”. Furthermore, PRP’s low cost advantage in the industry was threatened by the rising material cost in China and foreign players who offered higher quality products at comparable prices.…

    • 5326 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    Decision making nature is a process oriented function; this can be seen by looking at the various decision modules provided by experts on the subject. Although the steps might change, the essence of decision making is still a structured process. From a business administration perspective we take into consideration three dimensions: personal, total process and the dynamism of that process.…

    • 990 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Decision making is an integral part of the most of the top manager's duties. Not even a single day passes without taking decisions particularly in modern organisations. Hence, management and decision­ making are considered as inseparable. In fact, whatever a manager does, he can do it only by taking some decision. All matters related to planning, organization, staffing, directing and controlling are engrossed in decision making process. That is why it is aptly pointed out that management is essentially a decision-making process. The survival and future success of any enterprise is directly related to the ability to take timely and appropriate decision by the executives. Thus decision-making is said to be the heart of management.…

    • 4381 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    1994-08-19 Minor revisions 2005-08-23 Sven Ove Hansson Department of Philosophy and the History of Technology Royal Institute of Technology (KTH) Stockholm…

    • 28323 Words
    • 114 Pages
    Satisfactory Essays