What is programmed decision making. What is an example of programmed decision making? 2022-10-24
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Programmed decision making refers to the use of algorithms and computer systems to make decisions and solve problems. It is a type of decision-making process that relies on pre-specified rules and steps, rather than human judgement and intuition. Programmed decision making is widely used in various fields, including business, finance, and manufacturing, to streamline operations and improve efficiency.
One of the main advantages of programmed decision making is its ability to process large amounts of data quickly and accurately. By using algorithms and computer systems, organizations can analyze and evaluate data at a much faster pace than humans could. This enables them to make informed decisions more quickly and accurately, which can lead to better outcomes and improved efficiency.
Another advantage of programmed decision making is its consistency. Because it is based on pre-specified rules and steps, it can be relied upon to make the same decisions consistently. This can be especially useful in situations where human judgement may be biased or influenced by emotions.
However, programmed decision making also has some limitations. One of the main drawbacks is that it relies on the data and algorithms that are used to make decisions. If the data is incomplete or inaccurate, or the algorithms are not well-designed, the decisions made by the system may be flawed. In addition, programmed decision making does not take into account the context or specific circumstances of a situation, which can be important for making good decisions.
Despite these limitations, programmed decision making is a powerful tool that can be used to make informed and accurate decisions. By using algorithms and computer systems to analyze data and solve problems, organizations can improve efficiency and make better decisions faster.
Chapter 7 Flashcards
Journal of Applied Psychology, 93, 225—234. Julian decides to offer his marketing services at a tradeshow in order to acquire new customers. What Is Decision Making? A confirmation bias B representativeness bias C illusion of control D production blocking E devil's advocacy Christian has been a highly valued employee for many years and never failed to deliver on challenging tasks. A Create one-size-fits-all training to ensure every employee approaches learning the same way. Journal of Management, 26, 705—732. What is the modern technique of non programmed decision making? Which of the following is a non-programmed decision? Managerial skill and judgment are used to make these decisions.
What could a manager do to promote individual creativity in an organization? Non-Programmed Decisions : These decisions are taken in unstructured situations which reflect novel, ill-defined and complex problems. Two separate groups of managers are given a problem to solve, and each group then presents its proposed solution to top management in an attempt to determine the best course of action. These can be categorized into five types: communications driven DSS, data driven DSS, document driven DSS, knowledge driven DSS and model driven DSS. Programmed decision-making can also be taught fairly easily to another person. C rank various alternatives even when all relevant information is not available. Organizational Dynamics, 36, 93—104. Decisions to update the technology, launch a new plant or change the policies are strategic decisions.
A practicality B ethicalness C legality D economic feasibility E functionality When discussing solutions for increasing profitability of a new product, Dale raises a concern that one of the alternatives may negatively impact sales for other products. What are the tools and techniques of decision making? ADVERTISEMENTS: Managers are officially authorised to make organisational decisions but they do not have authority to make personal decisions. D a pattern of biased decision making. What is a programmed decision and when are they commonly used? Programmed Decisions: Decisions related to structured situations, where the problem is more or less routine and repetitive in nature are known as programmed decisions. In fact, In this way, they learn how to deal with extraordinary, unexpected, and unique problems.
Programmed decisions are generally documented as Procedures, Policies, or Rules. They are small and have a low scope of impact. Mahwah, NJ: Lawrence Erlbaum. For example, problems related to leave are solved by policy relating to leave rules. Meghan is tasked with leading a project team to quickly prototype an innovative product idea and accelerate its time to market. Programmed decisions are repetitive and routine in nature. The routine problems may not always be simple.
Programmed decisions typically do not require much discussion, and can generally be automated. The four different decision-making models—rational, bounded rationality, intuitive, and creative—vary in terms of how experienced or motivated a decision maker is to make a choice. C Reward employees who come up with creative ideas. Is a non programmed modern technique of decision making? What was the context? Key Takeaway Decision making is choosing among alternative courses of action, including inaction. A company's senior management team was discussing moving its operations to a new location; however, the number of variables that would affect the move were so great that they could not begin to evaluate them all. Meghan's project is an example of A a dialectical inquiry. E A manager should set specific performance goals requiring employees to demonstrate creativity Yin observes that several of his employees have valuable creative talent.
What form of cognitive bias is Rafael demonstrating? Individuals throughout organizations use the information they gather to make a wide range of decisions. Which is an example of a nonroutine decision? Characteristics of Programmed Decisions- Type of decision is well structured, Frequency is repetitive and Routine, Goals are clear and specific, Information is readily available, Consequences are minor, Organizational level is lower levels, Time of solution is short, and finally is the Basis of the solution are set … What is decision making explain 3 types of decision making? Harvard Business Review, 76, 76—87. The efficiency of Raul's decision-making process was thereby limited due to the effects of A production blocking. . Ayan is responsible for quality control for an automobile manufacturer and recently made the decision to suspend production when test results for completed cars fell below the manufacturer's standards. As another example, consider a retail store manager developing the weekly work schedule for part-time employees. Examples of non programmed decisions include deciding whether to acquire another organization, deciding which global markets offer the most potential, or deciding whether to sell off an unprofitable vision.
Jaleel's work group meets face-to-face and generates numerous alternatives to a product issue, many of them radical and a few out of the box. Choosing the right approach will make you more effective at work and improve your ability to carry out all the P-O-L-C functions. This decision illustrates A satisficing ambiguity. Market penetration increases sale of existing products to the existing and new customers in the existing markets and market development increases sale by entering into new markets with same products or products with minor modifications. He is struggling on a recent assignment but has decided not to seek help as he's sure he will succeed in the end.
Academy of Management Executive, 18, 8—12. Which criterion of decision making is she addressing? The three main types of decisions are — strategic, tactical and operational. C necessary to make many subsequent and related decisions in order to implement a chosen alternative. Structured decision-making processes include rational decision making, bounded rationality, intuitive, and creative decision making. Where is decision support system used? Organizational Dynamics, 22, 22—37. Programmed Decisions Programmed decisions are those that are repeated over time and for which an existing set of rules can be developed to guide the process. These demand very little time and effort as there are pre-determined decision rules and procedures.
What are the 3 types of programmed decisions? Elaine, a college professor, needs to select a textbook for an upcoming course. Which of the following is an example of program decision? A economic feasibility B practicality C ethicalness D legality E functionality The marketing manager of ToyBiz indicated that due to manufacturing efficiencies and market buzz, a new toy they were about to launch was likely to generate revenue beyond original projections. C apply representativeness bias to identify alternatives. During a performance review discussion, Simone stated that she "could not evaluate Bob too highly. Then there are shoes, accessories, etc.
B ignore biases and personal style for making decisions. What are the examples of programmed decision? Another manager viewed the lack of a competitor in the area as an indicator that the local community may not be interested in organic products. Does this surprise you? D searches for and chooses acceptable solutions rather than trying to make the optimal decision. This is an example of A reasoned judgment. E reasonable not to evaluate disadvantages if the advantages of an alternative are significantly high. For example, increase in advertising expenditure, effective salesmanship, upgraded technology, quality controls, brand image and reasonable prices are expected to increase sales and profits.
