CMST 342 - Lecture 8 Course Hero

CMST 342 - Lecture 8 Course Hero - Decision-Making...

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Unformatted text preview: Decision-Making Processes Chapter 8 Rational Models of Decision Making Five stages Formulation Concept development Detailing Evaluation Implementation Alternatives to Rational Models Optimizing model not good representation More realistic to look at decision making as satisficing process Decision makers characterized by bounded rationality Alternatives to Rational Models Decision making can be attributed to intuitive processes of managers Often make decisions without conscious knowledge of how decisions made Intuitive decision making not logical but not illogical Based on past experience in similar contexts analogical Alternatives to Rational Models Garbage can model Process wherein problems, solutions, participants, choices all dumped together Decision made when suitable collection It is only after the fact that decision-making process is constructed Descriptive Models Fishers phase model Orientation Conflict Emergence Reinforcement Effective Small-Group Decision...
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This document was uploaded on 11/04/2011 for the course COMMUNICAT 342 at University of Tennessee.

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CMST 342 - Lecture 8 Course Hero - Decision-Making...

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