ADM 3319 Chapter Notes - Chapter 5: Respirator Assigned Protection Factors, Satisficing, Rationality
13 Apr 2020
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Cultural differences in d-m process: focus on ethical dilemmas. Goal of the rational decision-maker is to make an optimal choice between specific, clearly defined alternatives. In order to optimize a particular outcomes, the rational model suggest that people must progress through six steps. Managers must recognize that a decision is needed and identify the problem to be solved. A problem is typically a difference between the actual situation and what is desired. Decisions often entail considering more than one objective. E. g. selection of potential oversees manager (maximizing his ability to adapt to new culture, maximize technical skills he has, minimize cost of assignment) To be completely rational, a decision-maker must identify all the criteria that should be considered: weight the criteria. The criteria identifies in the previous step may not be of equal importance to the decision-maker - in order to be prioritized, they must be assigned weights.
