Management Decision Making

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Name__________________________________
Business Management
UNIT 3 FOUNDATIONS SKILLS
Chapter 8 “DECISION MAKING SKILLS” PAGES 1+2
CHAPTER 8
DEFINE THE FOLLOWING TERMS OR ANSWER THE FOLLOWING QUESTIONS:
Section 8.1:
DIFFERENT WAYS TO MAKE DECISIONS:
Intuitive Decision Making-
Rational Decision Making-
SUMMARIZE 6 BASIC STEPS
1.
2.
3.
4.
5.
6.
FACTORS THAT INFLUENCE DECISIONS:
RISK, TIMING, VALUES
TEAM DECISION MAKING-
TYPES OF MANAGEMENT DECISION STYLES ( LIST & DEFINE EACH)
1.
2.
3.
4.
5.
SECTION 8.2
CREATIVE DECISION MAKING (5 STEPS- LIST AND DEFINE)
1.
2.
3.
4.
5.
Brainstorming-
Brainwriting-
Meyers Model for Creative Decision Making (LIST 6 stages)
1.
2.
3.
4.
5.
6.
Barriers to Effective Decision Making (LIST & BRIEFLY DEFINE)
1.
2.
3.
4.
CRITICAL THINKING QUESTIONS
1. Would a manager who always consulted his or her boss be a good decision maker?
(why or why not)
2. Would a manager with a collaborative decision-making style work well under a
structure of team decision making? (why or why not)
3. Explain what type of decision making style your parents have, what type of decision
making style do you have?
MANAGEMENT CASES
1. You are a manager at an electronic store and you are responsible for 6 employees.
Two of them are not producing and your boss is wanting answers. What are two
decisions you have to make in this situation and what decision making skills can you
use?
2. You are a manager of a toy store and sales have been down the last several weeks.
You are thinking about coming up with a new product, new toy. You have a team of
10 employees. What are some decisions you have to make and what decision making
skills can you use?
INTERNET RESEARCH
FIND 2 WEBSITES THAT GIVE YOU INFORMATION ON DECISION-MAKING OR PROBLEM-SOLVING
STEPS>
WEBSITE #1_________________________________________________( website name)
LIST ALL OF THEIR STEPS:
DO YOU AGREE OR DISAGREE WITH THEIR PHILOSOPHY (WHY OR WHY NOT)?
WEBSITE #2_________________________________________________(website name)
LIST ALL OF THEIR STEPS:
DO YOU AGREE OR DISAGREE WITH THEIR PHILOSOPHY (WHY OR WHY NOT)?
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