Discuss the limits to rational decision-making, Business Management

Assignment Help:

Question 1:

(a) ‘Decisions should be thought of as a means rather than ends. They are manager's responses to problems and the results of a process of thought and deliberation'. Explain the steps to rational decision-making

(b) In everyday life managers are compelled to take ‘satisfying' decisions. Discuss the limits to rational decision-making.

Question 2:

‘Ethics are used by managers as guidelines in making decisions that affect employees, the organization, consumers, and other parties'. Explain this statement by making reference to the different types of workplace deviance

Question 3:

(a) Identify the different kinds of teams within an organization. Illustrate your answer with relevant examples

(b) The formation and importance of work teams within the organisation is essential. Discuss the different work team characteristics.

Question 4:

‘Contemporary managers must consider the issue of quality of work life when designing jobs. The issue reflects society's concern for work experiences which contribute to the personal growth and development of employees'. Describe, with examples, the different methods for job design commonly used by managers.


Related Discussions:- Discuss the limits to rational decision-making

Business analysis using triple triangle framework, how to write a company a...

how to write a company analysis in light of the Triple triangle Framework?

Account setup - business processes, When a customer wants a prescription fi...

When a customer wants a prescription filled, a sales associate receives the member's card and prescription and logs the request in a prescription log which contains the member's nu

Disadvantages of breakdown maintenance, a. It results in dislocation of pro...

a. It results in dislocation of production process and causes excessive delays or reduction in output. b. Wages are to be paid for idle time resulting in loss of profits.

Why reputation management is important for your organisation, QUESTION ...

QUESTION You have freshly been appointed as the Quality Manager in your organisation following the completion of your studies. (a) Explain why reputation management is impor

Business environment in strategic formulation, Business environment in stra...

Business environment in strategic formulation A business strategy depicts how a specific business proposes to succeed in its preferred market place versus its competitors. It

What are principal payment systems for electronic commerce, Question: (...

Question: (a) Distinguish between a Management Information System and a Decision Support System. (b) Distinguish between different eBusiness Models. (c) Discuss on four

What are the restrictions of budget, What are the restrictions of budget? ...

What are the restrictions of budget? Restrictions of budget: a. As budget is based onto estimates, which is, estimated sales, costs, business circumstances, many more. it

What is line balancing, What is Line Balancing? Explain briefly. Line...

What is Line Balancing? Explain briefly. Line Balancing: It means balancing the line among the product lines or assembly lines. This aims at grouping facilities and work

Explain about the participation in management of workers, Explain about the...

Explain about the participation in management of workers. Workers’ Participation in Management: Worker’s participation into management can be in any of shape, through est

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd