Managerial Decision Making
Study designed to prepare students to be active and effective participants in the critical managerial task of decision-making, which is critical to a manager’s ability to plan, organize, direct, and control. Learning focuses on decision making based upon the quality, timeliness, accuracy, thoroughness, means and mode of presentation, and the impact of information and data. Because managerial decision-making is viewed as an interrelated and dynamic process, emphasis is placed on process-oriented approaches that provide the best opportunity for a successful decision. Current research-based information providing guidelines and decision aides for use in decision-making are introduced. Students must research, develop, and analyze a managerial decision-making case through a written and oral presentation.
3 Credits: 3 Lecture