Ethical Principles, Quick Tests, And Decision-Making Guidelines - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online. Types of Decisions Decision making and problem solving is a continuous process of analyzing and considering various alternatives in various situations, choosing the most appropriate course of action and following them up with the necessary actions. The eleven principles are listed below: Managers have to consider these alternatives and select the best one for actual execution. The old proverb “Look before you leap” is appropriate here. It often occurs subconsciously. Recognitional decision making inherently assumes more risk, as less than perfect information is rapidly processed and acted upon. Become aware of common decision making traps, and how to handle them. You need to have clear first hand information before finalizing a decision. For any business problem, alternative solutions are available. Maximize creativity and logic in decision making. View Principles of Management-PPT-Ch02.pptx from BUSN 201 at Eastern Gateway Community College. Acquire decision making tips and techniques that accelerate and improve results. Decision making is the coherent and rational process of identifying a set of feasible alternatives and choosing a course of action from them. Recognitional decision making or “recognition-primed” decision making is a model of how people make quick, effective decisions when faced with complex situations. he is 4 months shy of his 30 year anniversary and will You are the manager for Big-Mart, a large discount retailer. The responsibilities of decision-making must exist at all levels in reasonable proportions. Thus, it is the process of selection of one solution out of many available. Principles of Management Chapter 2 MANAGERIAL DECISION MAKING PowerPoint … Remember that all wisdom and knowledge comes from God. This makes decision-making quick as well as effective. In addition to the rational decision making, bounded rationality models, and intuitive decision making, creative decision making is a vital part of being an effective decision maker. Furthermore, they must also be answerable to a centralized authority at the top. The Principle of Religious Injunctions Definition: An ethical principle that holds that you should never take any action that does not result in greater good for society. Do you have PowerPoint slides to share? III. The PowerPoint PPT presentation: "Ethical Principles, Quick Tests, And Decision-Making Guidelines" is the property of its rightful owner. If so, share your PPT presentation slides online with PowerShow.com. 2) Distribution of workload. You recently fired Al, a sales clerk, after Al punched a customer during a dispute in the store(Al admitted this after the customer complained). I. Principles of Decision Making : There are eleven principles of collaborative problem solving. Sue, manager of your competitor, Mega-Mart, calls Ethical decision-making: Codes Canadian Psychological Association Ethics Code Principle I: Respect for the Dignity of Persons Principle II: Responsible Caring Principle III: Integrity in Relationships Principle IV: Responsibility to Society Values Statement Ethical Standards General … A fact is a thing known or proved to be true. Such collaboration is an inclusionary process that promotes lateral communication and shared decision-making. Any surprises encountered after the decision has been made can be very costly. It helps stakeholder groups to develop policy recommendations on a variety of public issues. Decision making implies choice: Decision making is choosing from among two or more alternative courses of action. 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