Modern Management: concepts and skills, 14/e

6 Making Decisions

Target Skill

Decision-Making Skill: the ability to choose alternatives that increase the likelihood of accomplishing objectives

Objectives

To help build my decision-making skill, when studying this chapter, I will attempt to acquire:

1. A fundamental understanding of the term decision

2. An understanding of each element of the rational decision-making process

3. An appreciation of the role of intuition in decision making

4. Insights regarding the various tools used to make decisions

5. An understanding of how groups make decisions

MyManagementLab ^®

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