Mgt101 ass

5.1 Learning Outcomes:

• Compare rational and nonrational decision making.
• Explain how managers can make decisions that are both legal and ethical.
• Describe how evidence-based management and business analytics contribute to decision making.
• Describe how artificial intelligence is used in decision making.
• Compare four decision-making styles.
• Identify barriers to rational decision making and ways to overcome them.
• Outline the basics of group decision making.

5.2 Action Required:

A ?decision? tree is a graph of decision and their possible consequences. It is used to create a plan to reach a goal.

5.3 Test your Knowledge (Question):

• What are the advantages and limitations of using a decision tree.