Which of the Following Describes How the Simon Framework of Decision-Making

question 35

Multiple Choice

Which of the following describes how the Simon framework of decision-making works in high-velocity decision environments?

• A) All four steps of the process are handled by software algorithms; humans are eliminated from the decisions because they are too slow.
• B) The first three steps of the process are handled by software algorithms and the final step is handled by experienced managers.
• C) The first two steps of Simon's framework are eliminated and the final two steps are handled by software algorithms.
• D) All fours steps are performed by humans with the support of high-speed, high-volume DSS and ESS.

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Definitions:

Culturally Aware

The understanding and respect of cultural differences and the ability to act effectively and appropriately with a variety of cultural situations.

Cultural Intelligence

The ability to relate and work effectively across cultures, understanding and respecting cultural differences.

Polycentric Attitude

An approach in international business that emphasizes adapting to and integrating with the host country's culture and business practices.

Collaborative Approach

A working method that involves joint effort and partnership among team members or organizations to accomplish a common goal.