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Business LibreTexts

6: Perception and Managerial Decision Making

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    Exhibit 6.1 (i_yudai/ flickr/ Attribution 2.0 Generic (CC BY 2.0))

    Learning Outcomes

    After reading this chapter, you should be able to answer these questions:

    1. What are the basic characteristics of managerial decision-making?
    2. What are the two systems of decision-making in the brain?
    3. What is the difference between programmed and nonprogrammed decisions?
    4. What barriers exist that make effective decision-making difficult?
    5. How can a manager improve the quality of her individual decision-making?
    6. What are the advantages and disadvantages of group decision-making, and how can a manager improve the quality of group decision-making?