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8th edition Steven P. Robbins Mary Coulter PowerPoint Presentation by Charlie Cook Copyright 169。 2023 Prentice Hall, Inc. All rights reserved. L E A R N I N G O U T L I N E Follow this Learning Outline as you read and study this chapter. The DecisionMaking Process ? Define decision and decisionmaking process. ? Describe the eight steps in the decisionmaking process. ? Explain the challenges managers face in identifying problems. ? Discuss why decision criteria are important in the decisionmaking process. ? Describe how managers develop, analyze, and select alternatives. ? Explain what happens during implementation and evaluation. 2 Copyright 169。 2023 Prentice Hall, Inc. All rights reserved. * L E A R N I N G O U T L I N E (cont’d) Follow this Learning Outline as you read and study this chapter. The Managers as Decision Maker ? Explain why decision making is synonymous with managing. ? Discuss the assumptions of rational decision making. ? Describe the concepts of bounded rationality, satisficing, and escalation of mitment. ? Explain what intuition is and how it affects decision making. ? Contrast programmed and nonprogrammed decisions. ? Define the three forms of programmed decision making. ? Contrast the three decisionmaking conditions. 3 Copyright 169。 2023 Prentice Hall, Inc. All rights reserved. * L E A R N I N G O U T L I N E (cont’d) Follow this Learning Outline as you read and study this chapter. The Managers as Decision Maker (cont’d) ? Explain maximax, maximin, and minimax decision choice approaches. ? Describe the four decision making styles. ? Discuss the twelve decisionmaking biases managers may exhibit. ? Describe how manager can deal with the negative effects of decision errors and biases. ? Explain the managerial decisionmaking model. Decision Making for Today’s World ? Describe today’s decisionmaking environment. 4 Copyright 169。 2023 Prentice Hall, Inc. All rights reserved. * L E A R N I N G O U T L I N E (cont’d) Follow this Learning Outline as you read and study this chapter. Decision Making for Today’s World (cont’d) ? Explain how managers can make effective decisions in today’s world. ? List six characteristics of an effective decisionmaking process. ? Tell what a highly reliable anization is. ? Describe the five habits of highly reliable anizations. 5 Copyright 169。 2023 Prentice Hall, Inc. All rights reserved. * L E A R N I N G O U T L I N E (cont’d) Follow this Learning Outline as you read and study this chapter. What Is An Organization? ? Describe the characteristics of an anization. ? Explain how the concept of an anization is changing. Why Study Management? ? Explain the universality of management concept. ? Discuss why an understanding of management is important even if you don’t plan to be a manager. ? Describe the rewards and challenges of being a manager. 6 Copyright 169。 2023 Pren