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Application of the tools of rational economics

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Snowden and Boone take a laser like focus on the situational framework in which organizational decisions are made. They note that the situational /contextual frameworks can often be complex and possibly fluid. They categorized the range of these decision frameworks from simple, to complicated, to complex, to chaotic.

Debate whether the application of the tools of rational economics lead to "better decisions", across all contextual frameworks?

What about human behavioral responses and organizational discipline in each of these frameworks?

Integrate/Apply your learning of organizational leadership to decision making in these various contexts?

Can big data and data analytics be used to bring clarity to decision making, or can they be deployed to reinforce preexisting human biases?

Reference no: EM132895194

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