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- What are some of the factors that enabled to Jen Rubio and Stephanie Korey to make good decisions when they established their luggage company, Away?According to this case study, what are the CEO bias's (i.e., anchoring bias, overconfidence bias, etc) that may have entered the decision making process?1. What are some of the factors that enabled to Jen Rubio and Stephanie Korey to make good decisionswhen they established their luggage company, Away?2. What are the two systems that the brain uses in decision-making? How are they related to programmedand nonprogrammed decisions?3. What is a heuristic, and when would it be appropriate to use a heuristic for decision-making?4. What is confirmation bias? Explain how it can be a barrier to effective decision-making.5. What is a logical fallacy?6. What are the two types of conflict? Which one is constructive, and which is destructive?7. What are the steps in the decision-making process? Which ones do people tend to skip or spendinsufficient time on?8. What can individuals do to improve the quality of their decision-making?9. What can groups or group leaders do to improve the quality of group decision-making?10. What are the benefits of decision-making in a group, instead of individually?
- According to this case study, what are the CEO bias's that may have entered the decision making process?a) Why is decision making often described as the essence of a manager’s job? b) Is there a difference between wrong decisions & bad decision?Why do good managers sometimes make wrong decision? Bad decision? c)How can managers improve their decision-making skillsDiscuss what is meant by the term reflective equilibrium. Describe why it is important in ethical decision-making.
- Describe the behavioural nature of decision making. Be certain to provide some detailsand examples about political forces, intuition, risk propensity, ethics, and escalation ofcommitment in your description.What are the four personal decision styles used by managers? What are the biases that frequently cause managers to make poor decisions? What are some of the innovative techniques managers can use to make decisions? Describe at least two techniques.1. What are the factors in the external environment? Describe ?: 2. Describe the decision-making steps. Would you please type for me cause I don't know well about handwriting
- A) Effective decision-making results ineffective results, discuss decision making steps and provide examples. B) Discuss various ways available to maintain the high ethical standards of an organization?Discuss FOUR (4) ethical questions that a manager should ask when evaluating a proposed action to make decision.What is the role of Porter's Five Forces model in decision making?
