Management Concepts

Managerial decision-making Problem avoiders Problem solvers Problem seekers Approaches to decision making virtuous decision model Behavioral decision model Judgmental decision model 2. With references to decision-making theory covered in the chapter, describe the type of managerial decision-making translucent in this case, and the conditions under which decisions were made. Managerial Decision Making *Problem avoidably problem solvers *Problem seekers Decision conditions *Certain surroundings *Risk environment uncertain environment 3.Evaluate the decisions made in the case in relation to the classical, behavioral and Judgmental heuristics approaches to decision-making that are outlined In the chapter. Which model do you believe best describes the internet site and subsequent decision-making process In this case? Justify your answer? Approaches to decision making Classical decision model Judgmental decision model cheek decision *Classical decision model Problem it was the flood t hat close upage Brisbane and PhysicsPossible alternative Not releasing flood waters. Consequently threatened stability of dam Optimizing decision Release of flood waters being aware of potential damage. SOOT Analysts Strengths *New technology *They set priorities *Manage time Weakness miss of communication Misunderstanding Misconduct Problem solving Crisis Opportunities *Professional engineer *Employment Threats Natural disaster (climate change) Damage roads and homes. Conclusion People should rent wise decision to save the lifes of the others.