ORGB 364 FINAL Chapter 7

ORGB 364 FINAL Chapter 7 Decision Making - answerconscious process of making choices among alternatives with the intention of moving toward some desired state Rational Choice Paradigm - answerrelies on subjective utility (attractiveness of opportunity) to identify the best choice - identify problems & opportunities - choosing the best decision style - developing alternative solutions - choosing the best solution - implementing the selected alternative - evaluating decision outcomes Emotions - answershape our preferences for alternatives and the process we follow to evaluate alternatives (intuition) Intuition - answerthe ability to know when a problem or opportunity exists and to select the best course of action without conscious reasoning