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Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Write a two-paragraph essay describing your decision process (as outlined above), including its strengths and weaknesses. Your essay must include at least two properly described and referenced decision methods or styles from the text. For example, if your decision was impeded by bias, describe if it was confirmation bias, anchoring, or some other kind of bias. Answer and address these questions:
- What is your preferred decision-making style?
- How does your style work for you? Are you always satisfied with your decisions?
- What method from the text would you consider for your future decision making?
- How important is decision making in the role of a business leader? Provide an example.
In addition to the text, you are encouraged to research decision-making methods using reliable and properly cited Internet resources. You may also draw from your personal experience with appropriate examples to support your references.
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- Describe a problem or decision you might face in your personal or professional life and share which decision-making method from chapter 3 of your textbook you would use to resolve it. Why is it important to ask questions when problem-solving? Why do many employers specifically seek employees who are excellent problem-solvers?arrow_forwardYou are part of the senior leadership team of a national retail firm. Your company has decided to relocate its head office to new facilities. You have been chosen to lead this move. How would you approach making this decision? Where would you start with this complex decision, and what steps would you take? Explain which decision model in this unit best describes your approach. In your replies, discuss with your peers the decision-making approach they shared.arrow_forward1/- what are the Decision Models? How do the decision models aid, hinder this process and why? 2/- What other decision models are being considered and why?arrow_forward
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