MGHB02H3 Chapter 11: Chapter 11 Notes
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Decision making (problem solving) - develop commitment to some course of action. Make a choice, make a commitment of resources (time, money, personnel (cid:0) Problem - a gap between some existing state and some desired stat. Clear existing state and desired state clear how to get from one state to the other is fairly obvious. Program (standardized way) - solve a problem with well-structured problems. Enable to go directly from problem identification to solution. Identify the problem define objectives make a predecision generate alternatives. evaluate alternatives make a choice implement choice follow up . Perfect rationality - completely informed, perfectly logical, and oriented toward economic gain. limited in their capacity to acquire and process information. ignorant of the ultimate values and probabilities of success for known alternatives. Framing - information about a problem that are assumed by decision makers.