| |
Jun 16, 2024
|
|
|
|
|
MGT 4430 - Managerial Decision Making
Decision making and problem solving in organizations from managerial perspective.
Requisites: Jr or Sr
Credit Hours: 3
Repeat/Retake Information: May be retaken two times excluding withdrawals, but only last course taken counts.
Lecture/Lab Hours: 3.0 lecture
Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I
Learning Outcomes: - To be able to utilize any/all of six strategies to improve individual decision making.
- To know what conditions lead to irrational escalation of commitment.
- To know/recognize the four main heuristics used in decision making and the potential biases that emanate from them.
- To understand the conditions that limit our awareness of information and factors relevant to decision making.
- To understand the fundamental difference between System 1 (emotional) and System 2 (effortful/logical) thinking and how these influence decision making.
- To understand why fairness matters and why individuals will make sub-optimal decisions to maintain fairness.
Add to Portfolio (opens a new window)
|
|
