Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Assignment 4.4

Assignment 4.4

Q Review once more the steps in the decision-making process. For each of the steps in the decision-making process, identify the potential mistakes managers might make that could lead to a poor or incorrect decision. Then, for each potential mistake you identify, recommend action(s) for reducing the chances of that error

View Related Questions

Solution Preview

The first step of decision making process involves the identification of the decision where the managers might make a mistake of identifying the decision on their own without consulting to their employees. They can improve this mistake by consulting all the employees regarding what should be the best option for taking a decision. The second step is to gather information where the managers make a mistake of reviewing the only information that has been provided to them. They can improve this mistake by reviewing and researching the source of the information on their own which will give them a better idea of the decision making procedure. The third step is to identify alternatives where the biggest mistake done by the managers is that they do not focus on the alternatives that will be beneficial for all.