FORUM DESCRIPTION
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 decisions 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?
5.4 Instructions
Answer the question available in the “Test your Knowledge” section.
Post your answer in the discussion board using the discussion link below
(Week 5: Interactive Learning Discussion)