Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Classical model of decision making,”List[…]
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What are the two ways we make decisions?,”o Intuitive: feelings, beliefs, and hunches that come readily to mind, result in on the spot decisions (high risk
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Read moreStack ranking,”Asking managers to rank employees on a curved scale, which pits employees against one another in an attempt to reward the excellent and weed out the weak. Can be motivational but bad for morale. Company may stay with it because of as of now
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Read moreDecision fatigue,”The more decisions you make throughout a day
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Read moreUnprogrammed decision,”Occurs in response to unusual
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Unprogrammed decision,”Occurs in response to[…]
Read moreProgrammed decision,”Routine, automatic decision making (made decision before, rules or guidelines to follow
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Programmed decision,”Routine, automatic decision making[…]
Read moreMain points about decision making from the Dan Ariely video,”o If we could understand our cognitive limitations we could design a better world o People are averse to making decisions; regardless of the actual outcome, people are more inclined to leave things as they are than make a decision to alter them – in regards to the organ donation experiments
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Read more“What was the significance of the Chaplin mask, the monkey business videos, and the dollar exercise?”,”Examples of bounded rationality- constraints of brain, limitations 0 Top-down processing: focusing on one task
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Read moreInternational expansion
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.International expansion o Global strategy[…]
Read moreDiversification
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Diversification Corporate level strategy of[…]
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