User Account

All Pages

Why manager might use heuristic decision model

Assignment Help Business Management
Reference no: EM133167789

A decision model may be descriptive, heuristic, or prescriptive.

  1. In your judgment, what are some important requirements for making good decision models regardless of whether they are descriptive, heuristic, or prescriptive? How would you check the validity of a model that you have selected?
  2. Describe the reasons why and when a manager might use a heuristic decision model. Use a real life example, and explain your reasons within the context of your example.

Reference no: EM133167789

Questions Cloud

What factors influence consumer buying behavior : What are five stages in consumer online purchase decision process. What factors influence consumer buying behavior
Define organizational strategy : Define organizational strategy. Identify similarities and differences between action research and traditional research
What variables influences car washing habits : The goal is to Formulate a question like "what variables influences car washing habits ?".
Expanded online service payment options : Match each company in the "Six companies are using technology and data to transform themselves" article with the way in which each deployed digital technology t
Why manager might use heuristic decision model : In your judgment, what are some important requirements for making good decision models regardless of whether they are descriptive, heuristic, or prescriptive?
Describe the pcbus obligation : Describe the PCBUs obligation/s with respect to the formation of a Health and Safety Committee under the WHS Act.
Evaluate a new market opportunity : a. To explore how companies set up new ventures to address an emerging product
Tort of negligence committed by the club ownership : Assume Joe Fitness was a certified body pump instructor. Was the tort of negligence committed by the club ownership? Please determine this by going through all
List the personal and workplace factors : You are a retail assistant in a busy clothing shop during the seasonal period. You are rostered to work during the 24-hour shopping periods at the busier times

Reviews

Write a Review

Business Management Questions & Answers

  Continuous improvement and innovative initiatives

What types processes or procedures support project management, continuous improvement and innovative initiatives?

  Explain importance of planning for business management

This first course assignment has you demonstrate the applications of the important components dealing with business management.

  Case study-everything is easy with finsuite

FinSuite has been developing financial and tax preparation software and providing services for businesses and personal customers for over twenty years

  Golf equipment industryprepare a response to the questions

golf equipment industryprepare a response to the questions below about competition in the golf equipment industry in

  Determinning the gender and internet

How do you think your gender affects your participation in CMC? Are there online spaces you've been too that definitely don't appeal to you?

  Retirement policy so that jobs open up for younger employees

Should companies have a 'forced' retirement policy so that jobs open up for younger employees?

  Evaluating the sociocultural health of a country

When evaluating the sociocultural health of a country, list in order of importance three sociocultural aspects of the culture that you would want to consider.

  Food poverty in developed nations

What are the possible approaches to solving food poverty in developed nations?

  Unmanageables of sustained product innovation

1. there are three unmanageables of sustained product innovation: segmentalism, rigidity, and coercive control. Pick one these unmanageables

  Explain the process for securing resources

You have attended a conference on the impact of substance abuse on relationships and families. You have been asked by your boss to develop a training packet for

  Provide information on perks and benefits that are provided

Provide information on perks and benefits that are provided. Explain how these perks and benefits can be classified.

  Why is it unrealistic to assume that inventory costs

Why is it unrealistic to assume that inventory costs will remain constant over time?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd