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Ch 9: Individual Decision Making in Organizations

About This Chapter

Watch video lessons on individual decision making in organizations to learn about the way individuals make decisions and how these processes align with organizational behavior. Each lesson is accompanied by a short multiple-choice quiz you can use to check your understanding of these business topics.

Individual Decision Making in Organizations - Chapter Summary and Learning Objectives

The way an individual makes a decision may not seem like an organizational issue, but in actuality it can have a great impact on the behavior of an organization. Lessons in this chapter will cover various methods of decision making and help you to relate that to organizational behavior. Some of the specific topics covered in this chapter include:

  • Steps in the rational decision making model
  • Intuitive decision making
  • Directive, analytical, and numerous other decision making styles
  • How overconfidence and randomness errors impact decision making

VideoObjective
The Rational Decision Making Model: Steps and Purpose in Organizations Examine the model and its steps.
Intuitive Decision Making in Business and Management Analyze how to use this type of decision making.
The Vroom-Yetton Leader Participation Model: Rethinking Business Decision Making Find out about this model and how it relates to organizational behavior.
Decision Making Styles: Directive, Analytical, Conceptual and Behavioral Discover the different decision making styles.
Common Biases and Judgment Errors in Decision Making Explore biases, including overconfidence, anchoring, confirmation, availability, escalation of commitment, randomness error, risk aversion and hindsight.

5 Lessons in Chapter 9: Individual Decision Making in Organizations
Test your knowledge with a 30-question chapter practice test
The Rational Decision Making Model: Steps and Purpose in Organizations

1. The Rational Decision Making Model: Steps and Purpose in Organizations

Managers often rely on fact-based analytical decision making. Rational decision making can be very beneficial in the business world and differs from intuitive processes in several ways. Learn more about both decision-making tools, and find out which process provides the best solutions.

Intuitive Decision Making in Business and Management

2. Intuitive Decision Making in Business and Management

Managers often rely on patterns and intuition to make quick decisions. Intuitive decision making can be very beneficial in the business world and differs from rational processes in several ways. Learn more about both decision-making tools and find out which process provides the best solutions.

The Vroom-Yetton Leader Participation Model: Rethinking Business Decision Making

3. The Vroom-Yetton Leader Participation Model: Rethinking Business Decision Making

Leaders in an organizational environment have to make decisions daily. The Vroom-Yetton-Jago Normative Decision Model helps explain when and how to have employees participate in decision making.

Decision Making Styles: Directive, Analytical, Conceptual and Behavioral

4. Decision Making Styles: Directive, Analytical, Conceptual and Behavioral

Every leader prefers a different way to contemplate a decision. The four styles of decision making are directive, analytical, conceptual and behavioral. Each style is a different method of weighing alternatives and examining solutions.

Common Biases and Judgment Errors in Decision Making

5. Common Biases and Judgment Errors in Decision Making

In order for companies to be successful they have to be able to learn from their mistakes. One way they can do that is to identify biases and errors that might occur during decision making.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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