Management Concepts

managerial end- fashioning business avoiders Problem solvers Problem seekers Approaches to decision making Classical 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 evident in this case, and the conditions under which decisions were made. Managerial Decision Making *Problem avoidably problem solvers *Problem seekers Decision conditions * true environment *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 sketch In the chapter. Which model do you believe best describes the situation and accompanying decision-making process In this case? Justify your answer? Approaches to decision making Classical decision model Judgmental decision model effort decision *Classical decision model Problem it was the flood that tol l Brisbane and PhysicsPossible alternative Not releasing flood waters. Consequently threatened stableness of dam Optimizing decision Release of flood waters being cognizant of potential damage. SOOT Analysts Strengths *New technology *They set priorities *Manage magazine Weakness Lack of communication Misunderstanding Misconduct Problem settlement Crisis Opportunities *Professional engineer *Employment Threats Natural disaster (climate change) Damage roads and homes. Conclusion People should make wise decision to save the lifes of the others.