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Question MGMT530 Week 1 Discussion 1 & 2 Latest 2018 May dq 1

Question MGMT530 Week 1 Discussion 1 & 2 Latest 2018 May dq 1

Question

MGMT530 Week 1 Discussion 1 & 2 Latest 2018 May

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WEEK 1: DEFINING THE PROBLEM

66 unread replies.1414 replies.What is the difference between problem solving and decision making? What are the key aspects to defining the problem for a decision situation?

Give an example of a decision problem that you are currently dealing with.

dq 2

WEEK 1: ENABLING CONDITIONS

55 unread replies.1414 replies.What role does ability, willingness, insight, and commitment play in the decision-making process? How can constraints and other underlying elements complicate the decision-making process?

Relate an experience from your work.

MGMT530 Week 2 Discussion 1 & 2 Latest 2018 May

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WEEK 2: DEFINING OBJECTIVES AND ALTERNATIVES

11 unread reply.1414 replies.

Why is it important to define clear objectives for the decision situation? How can you ensure that you have identified all the appropriate alternatives? Give an example of a problem that you are in the process of deciding or have decided on in the past—identify the objectives and alternatives.

dq 2

WEEK 2: INTUITION

44 unread replies.1515 replies.

What role does intuition play in decision making? What role does quantitative data play in decision making? Identify a decision situation in which you used both intuition and data for your analysis of the situation.

MGMT530 Week 3 Discussion 1 & 2 Latest 2018 May

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WEEK 3: UNDERSTANDING CONSEQUENCES AND TRADEOFFS

No unread replies.1010 replies.

Why can it be difficult to identify consequences for each alternative and objective? What techniques can be used to simplify the process? Describe a decision situation in which you made tradeoffs to simplify the alternatives. Did you use the even-swap method, weighted scoring model, or another approach?

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WEEK 3: DECISION MAKING IN YOUR ORGANIZATION

No unread replies.99 replies.

What process does your organization use to make decisions? Do you clearly identify the problem, objectives, alternatives, consequences, and tradeoffs? What special techniques or tools do you use in your process?

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