Explain How the Rational Decision-Making Process May Help to Overcome

question 103

Essay

Explain how the rational decision-making process may help to overcome predispositions and biases that a manager has in a given decision-making situation.

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Definitions:

Contrast Assumption

The idea that people make judgments about an event or situation by comparing it to something else, rather than evaluating it in isolation.

Spontaneously

Occurring without apparent external cause or planning, often referring to actions, reactions, or events that are unexpected or unplanned.

Rehearsal

A practice session in preparation for a public performance, presentation, or event, aiming to perfect the delivery.

Understand First

The principle of comprehending or grasping the meaning, significance, or nature of something before taking action or forming a judgement.