4 Apr 2023

Chap 6 Assignment 700 words APA reference and citations




Chap 6 Assignment 700 words APA reference and citations 

Task #1: Read Chapter 6 and respond to the following Chapter Review Questions:  1, 2, 4, 6, 8. 9, &10

Note: Respond to the assignment questions and cases with substantive responses that relate to the concepts presented in the assignment textbook chapter.  Answer all parts of the question.  Points are deducted for superficial responses or responses that are simply opinions.

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1. What are some of the factors that enabled to Jen Rubio and Stephanie Korey to make good decisions when they established their luggage company, Away?

The first aspect is how a direct-to-consumer approach will change an entire market while benefiting the customer, and the second is how a strong brand can make consumers think for a product they may not have previously considered. Mr. JR and Miss SK, the luggage company's founders, made some crucial decisions before launching their business. When one of the founding members' baggage broke up on a holiday, the decision was made. On a tour, one of the founding members discovered that all of the luggage choices were either inexpensive but of poor quality or costly but of high quality. There were no choices in the middle.
2. What are the two systems that the brain uses in decision-making? How are they related to programmed and nonprogram med decisions?

The programmed decisions save time and mental resources by stopping executives and administrators from resolving issues that have already been addressed. Decisions that are not planned require more time, but are appropriate to resolve difficult problems that must be resolved. The brain has been developed during evolution to ensure the longevity and reproduction of our species, and decision making is a fundamental mechanism that has been maintained since the evolutionary formation of the brain. Our brains are a reflection of the history, built on processes that were essential for our hominid ancestors' survival but are no longer necessary to adapt to the needs of the environment in which we live. They do, though, have an effect on the choices people make (Hathaway, 2016). As a result, executives are often ignorant that much of their choices are driven by basic and effective evolutionary laws. 

4. What is confirmation bias? Explain how it can be a barrier to effective decision-making.

Information that reaffirms our preconceptions is twice as likely to be accepted as true as evidence that challenges them. Employee confirmation bias refers to this proclivity for complacency as it is related to the workplace. The outcomes of these decisions do not seem to be fair in the light of the society we live in, though they may appear to be more rational in a different setting. The outcomes of these choices do not seem to be logical in the light of the world we exist in, but they do appear to be more rational as seen through the lens of how our nerves system has developed (Cherry, 2020).
6. What are the two types of conflict? Which one is constructive, and which is destructive?

First, concentrate on the thoughts, then move on to the particular subject. This is an important aspect of learning to speak without being defensive. If we can soften the complaint's introduction, there's a better possibility the issue can be resolved effectively and without defensiveness or obstructionism by either side. When we are given more importance than the really essential matters, confrontation is disruptive, as it destroys spiritual or self-perception, polarizes individuals or communities, reduces teamwork, enhances and sharpens inequalities, contributes to reckless actions, and unhealthy behaviors, such as name calling, bad names or conflict (Hathaway, 2016). 


8. What can individuals do to improve the quality of their decision-making?

Typically, people have little knowledge to make decisions at the start of a project or when making strategic decisions, which is ironically when the importance of the consequences is greatest. In the opposite, as the strategy or business journey progresses, the amount of knowledge available increases, but the relative value of the decision’s decreases. In comparison, practice allows administrators to know when it's time to cut back on time spent making decisions on matters that aren't as pressing but do need to be tackled. Heuristics are behavioral shortcuts used by administrators when making repetitive low-involvement decisions.  Satisfying is another method used by administrators when making these kinds of choices (Eastwood et al., 2011).

9. What can group or group leaders do to improve the quality of group decision-making?
By using a systematic process. We therefore discuss these tactics within the context of the decision-making steps. To review, the steps include the following:
Step 1: Recognizing That a Decision Needs to Be Made
Step 2: Generating Multiple Alternatives
Step 3: Analyzing Alternatives
Step 4: Selecting an Alternative
Step 5: Implementing the Selected Alternative
10. What are the benefits of decision-making in a group, instead of individually?

Access to further detail and a more complete understanding are two of the most significant benefits of community decision-making. In terms of intellectual diversity and enrichment of decision-making feedback, providing people with diverse experience and expertise will help (Cherry, 2019).
References

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