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BUILDING MANAGEMENT SKILLS How Do You Make Decisions? [LO 5-1, 5-2, 5-4] Pick a

ID: 446517 • Letter: B

Question

BUILDING MANAGEMENT SKILLS How Do You Make Decisions? [LO 5-1, 5-2, 5-4] Pick a decision you made recently that has had important consequences for you. If may be your decision about which college to attend, which major to select, whether to take a part-time job, or which part-time job to take. Using the material in this chapter, analyze how you made the decision. Identify the criteria you used, either consciously or unconsciously, to guide your decision making. List the alternatives you considered. Were they all possible alternatives? Did you unconsciously (or consciously) ignore some important alternatives? How much information did you have about each alternative? Were you making the decision on the basis of complete or incomplete information? Try to remember how you reached the decision. Did you sit down and consciously think through the implications of each alternative, or did you make the decision on the basis of intuition? Did you use any rules of thumb to help you make the decision? Having answered the previous four questions, do you think in retrospect that you made a reasonable decision? What, if anything, might you do to improve your ability to make good decisions in the future?

Explanation / Answer

1.The decsion what i took was regarding doing a part time job it was in chicago conciously or unconciously i took it and starte doing but my dedcison was wrong i was told by many people that doing a job at chicago would a risk,but i thought leaving a job would be senselessness so i carried on to the job but few has robbed me and the point of security was low.

2.i have have many alternatives for doing jobs but i purposely selected chicago i had an opportunity to work at fort wain but i didnt analysed those aletrnatives and jumped on the makng direct decison to work at chicago

3.The source of information was huge but it was my own decison and the info on alternatives was given to me by many individuals but with out thinkingthem i concluded my self for working at chicago

4.i made the decision basing on my intution,that chicago will be a best place to work and i can enjoy and make money for my self and with out analysisng any options i reached myself to work at chicago.

5.Definately,i would have analysed all the aletrnatives and must have heared the words of others for doing the job.

but i feel that a man can learn from his own mistakes.so today i m a completed learned man and still i will be learning in my coming future and make proper decisions