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Welcome to Darren Smith's HCC homepage for MAN1021 Management. My goal is to provide you with access to critical resources to assist you in your coursework.  Use of this website is required for your course, please familiarise yourself with it and check back frequently.

4 - Foundations of Decision Making

Presentation Guidelines

Follow these steps for success:

  • Define words
  • Explain basic concepts
  • Give examples!
  • Allow for additional examples from instructor/other students, provide opportunity for concept synthesis and further exploration of the topic.

    • Topics to be covered in your presentation:


    I. THE DECISION-MAKING PROCESS
    A. Introduction
    B. What Defines a Decision Problem?
    C. What Is Relevant in the Decision-Making Process?
    D. How Does the Decision Maker Weight the Criteria?
    E. What Determines the "Best" Choice?
    F. What Is Decision Implementation?
    G. What is the Last Step in the Decision Process?

    II. MAKING DECISIONS: THE RATIONAL MODEL
    A. Introduction

    III. THE REAL WORLD OF MANAGERIAL DECISION MAKING: MODIFICATION OF THE RATIONAL MODEL
    A. Introduction
    B. Do Managers Engage in Satisficing Behavior?
    C. What Is Bounded Rationality?
    D. How Do Managers' aAtions within These Boundaries Differ from Actions within the Rational Model?
    E. Are There Common Errors Committed in the Decision-Making Process?

    IV. DECISION MAKING: A CONTINGENCY APPROACH
    A. How Do Problems Differ?
    B. What Is the Difference between Programmed and Nonprogrammed Decisions?
    C. What Are Procedures, Rules, and Policies, and When Are They Best Used?
    D. What Do Nonprogrammed Decisions Look Like?
    E. How Can You Integrate Problems, Types of Decisions, and Level in the Organization?

    V. DECISION-MAKING STYLES
    A. Introduction
    B. The Model

    VI. MAKING DECISIONS IN GROUPS
    A. Do Managers Make a Lot of Decisions in Groups?
    B. What Are the Advantages to Group Decision Making?
    C. What Are the Disadvantages to Group Decision Making?
    D. When Are Groups Most Effective?
    E. How Can You Improve Group Decision Making?

    VII. NATIONAL CULTURE AND DECISION-MAKING PRACTICES
    A. Introduction

    VIII. DECISION MAKING FROM A CROSS-DISCIPLINARY PERSPECTIVE
    A. How Humanities and Social Science Disciplines Influence a Manager's Thinking
     

    Other important points:

    • You've been given a number of resources to assist you in your project... see Better Learning Page, Oral Presentations section for tips.
    • Your grade is derived from the Oral Evaluation Guide so please familiarise yourself with it.  Your grade will suffer if you don't use it and pay attention to it.
    • If you're going to read your entire presentation from the textbook, forget it.  I can read the book myself and so can the class.
    • If you're not prepared, be ready for an "F".

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