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bounded rationality perspective |
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Definition
how decisions are made when time is limited, a large number of internal and external factors affect a decision, and the problem is ill-defined |
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organizational decision making involving many managers and a final choice based on a coalition among those managers |
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an alliance among several managers who agree through bargaining about organizational goals and problem priorities |
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contingency decision-making framework |
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Definition
a perspective that brings taught the two organizational dimensions of problem consensus and technical knowledge about solutions |
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a process of recognizing and admitting mistakes and allows managers and organizations to acquire the experience and knowledge to perform more effectively in the future |
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persisting in a course of action when it is failing; occurs because managers block or distort negative information and because consistency and persistence are value in contemporary society |
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model that describes the pattern or flow of multiple decisions within an organization |
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high-velocity environments |
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Definition
industries in which competitive and technological change is so extreme that market data are either unavailable or obsolete, strategic windows open and shut quickly, and the cost of a decision error is company failure |
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the adoption of a decision tried elsewhere in the hope that it will work in the present situation |
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incremental decision process model |
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Definition
a model that describes the structure sequence of activities undertaken from the discovery of a problem to its solution |
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an innovative, creative, solution that is not reached by logical means |
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intuitive decision making |
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the use of experience and judgement, rather than sequential logic or explicit reasoning, to solve a problem |
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management science approach |
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Definition
organizational decision making that is the analogue to the rational approach by individual managers |
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Definition
novel and poorly defined, these are made when no procedure exists for solving the problem |
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organizational decision making |
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Definition
the organizational process of identifying and solving problems |
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extremely organic organizations characterized by highly uncertain conditions |
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a decision-making technique that divides decision makers into two groups and assigns them different, often competing, responsibilities |
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the agreement among managers about the nature of problems or opportunities and about which goals and outcomes to pursue |
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the decision-making stage in which information about environmental and organizational conditions is monitored to determine if performance is satisfactory and to diagnose the cause of shortcomings |
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the decision-making stage in which alternative courses of action are considered and one alternative is selected and implemented |
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when managers look around in the immediate environment for a solution to resolve a problem quickly |
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repetitive and well-defined procedures that exist for resolving problems |
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a process of decision making that stresses the need for systematic analysis of a problem followed by choice and implementation in a logical sequence |
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Definition
the acceptance by organizations of a satisfactory rather than a maximum level of performance |
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Definition
understanding and agreement about how to solve problems and reach organizational goals |
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