In our personal lives, at work, within teams, and in management in general, a continuing stream of information, data, problems, and opportunities drive and nurture decision making.
Disha NEET Physics Guide for classes 11 and 12.pdf
HCM 114 - Decision Making and Creativity
1. HCM 114
By Dr. Khaled Ouanes Ph.D.
E-mail: k.ouanes@seu.edu.sa
Twitter: @khaled_ouanes
2014
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9. Processing
Information
Evaluation Timing
Rational: People can process all information
Rational: Choices evaluated simultaneously
Goals Rational: Clear, compatible, agreed upon
OB: Ambiguous, conflicting, lack agreement
OB: People process only limited information
OB: Choices evaluated sequentially
10. Info Quality
Decision
Objective
Rational: People rely on factual information
Rational: Maximization -- the optimal choice
Standards Rational: Evaluate against absolute standards
OB: Evaluate against implicit favorite
OB: Rely on perceptually distorted information
OB: Satisficing -- a “good enough” choice