Judgement in managerial decision making

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Reference no: EM133122824

Discussion 1: Judgement in Managerial Decision Making

Based on examples from one of the recommended articles selected by you, the lecture notes, the text, and other sources, discuss one or several of the themes: the nature of managerial decision making, the steps in the managerial decision making, organizational learning and creativity, judgmental heuristics, common biases in managerial decision making, bounds of human judgment, strategies for making better decisions

Discussion 2: Decision making on group and/or corporate levels

Based on examples from one of the recommended articles selected by you, the lecture notes, the text, and other sources, discuss one or several of the themes: group decision making, conflict and negotiations, making rational decisions in negotiations, strategic decision making in organizations, strategic decision success in organizations, evaluation of strategic decisions - the VRIO framework, management cycles and business decisions in organizations.

Discussion 3: Quantitative Analysis and Managerial Decisions in an Organization

Based on examples from one of the recommended articles selected by you, the lecture notes, the text, and other sources, discuss one or several of the themes: quantitative analysis and decision making, decision making process as a step-by-step analytical approach, types of decision-making environments, decision tree analysis. With the help of one or several of the recommended tutorials for Module 3 and decision methods covered in Lectures 5 and 6, discuss your experience and plans for applying analytical methods in your Assignment 2 or in your current (or targeted) profession.

Reference no: EM133122824

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