What are the benefits and costs of planning

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1. What are the benefits and costs of planning? Do you always make plans for your work?

2. Please explain the flexibility about the plans. And how can you build flexibility into your plans?

3. Do you tend to follow the rational decision-making process or any other rational process when making decisions? Have you found that using your intuition isn't always the best way to make decision or vice-versa?

4. What are some common decision biases or errors people make?

5. How do individual differences and organizational constraints influence decision making?

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This assignment is focused on benefits and disadvantages of planning and flexibility of plans. It also focuses on rational decision making and intuitive decision making and the common decision errors and bias make by peoples. A discussion about the individual differences and organizational constraints which influence decision making has also been made.

Reference no: EM131434329

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