MGMT 303 Study Guide - Final Guide: Bounded Rationality, Satisficing, Tacit Knowledge
14 Dec 2020
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Identify the problem or opportunity: think up alternative solutions, evaluate alternatives and select a solution. Reflexes managers aren"t all built the same way, of course, and all have personal imitations and biases that affect their judgement. Imperfect information managers have imperfect, fragmentary information about the alternatives and their consequences. Intuition model: making a choice without the use of conscious thought of logical inference. Integration: differentiation: the tendency of the parts of an organization to disperse and fragment. Integration: the tendency of the parts of an organization to draw together and achieve a common purpose: link between strategy, culture, and structure, a company"s organizational culture and organizational structure should be aligned with its vision and strategies. Job analysis: determining the basic elements of a job by observation and analysis. Job description: summarizes what the holder of the job does and how and why he or she does it.
