Find some structured ways of dealing with complex managerial decision problems.
CLO1
Find some structured ways of dealing with complex managerial decision problems.
Question 2
CLO2
Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems.
Question 1
CLO3
Demonstrate the tools for deciding when and which decision models to use for specific problems.
Question 3
CLO4
Build an understanding of the kind of problems that is tackled using spreadsheet modeling and decision analysis.
Question 4 and 5
Assignment Instructions:
Log in to Saudi Digital Library (SDL) via University’s website
On first page of SDL, choose “English Databases”
From the list find and click on EBSCO database.
In the Search Bar of EBSCO find the following article:
Title: “Intuitive and Rational Cognition in the Theory and Practice of Management Sciences” (Case Study)
Author: Marcin Nowak, Joanna Ziomek
Date: March 03, 2019
Assignment Questions: (10-Marks)
Read the above article and answer the following Questions:
Explain the objective of this study according to your understanding (150-200 Words) 2 Marks
Why decision-making process is one of the most important issues in the area of management science?(150-200 Words) 2 Marks
What is the role of intuition in the managerial decision making? (150-200 Words) 2 Marks
What is the difference in rational and intuitive decision making style? (150-200 Words) 2 Marks
How this study is helpful for you in understanding the decision making process? (150-200 words)2 Marks
Answers:
Requirements: 1000-1200
Answer preview to find some structured ways of dealing with complex managerial decision problems.
APA
1565 words
