Mgmt 1001 study notes

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Mgmt 1001 Study Notes - Organisations and Management

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MGMT 1001 Notes

Study guide uploaded on Nov 30, 40 Page(s). In these changing times there is a widely recognised need for more innovative methods of management, rather than the traditional one-theory views (Marshall ).

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MGMT Study Notes Chapter 7 – Individual and Group Decision-Making – Two kinds of decision making: rational and non-rational Decision-making is often irrational Examples of non-rational models of decision-making – satisficing, incremental and intuition Rational decision steps 1. Identify the problem or opportunity 2.

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Mgmt 1001 study notes
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Mgmt Study Notes - Organisations and Management