Chapter 12 Flashcards
bounded rationality perspective
How decisions are made when time is limited, a large number of internal and external factors affect a decision, and the problem is ill-defined (p. 434)
Carnegie model
Organizational decision making involving many managers and a final choice based on a coalition among those managers (p. 445)
coalition
An alliance among several managers who agree through bargaining about organizational goals and problem priorities (p. 445)
contingency decision-making framework
A perspective that brings together the two organizational dimensions of problem consensus and technical knowledge about solutions (p. 458)
decision learning
A process of recognizing and admitting mistakes that allows managers and organizations to acquire the experience and knowledge to perform more effectively in the future (p. 462)
escalating commitment
Persisting in a course of action when it is failing; occurs because managers block or distort negative information and because consistency and persistence are valued in contemporary society (p. 463)
garbage can model
Model that describes the pattern or flow of multiple decisions within an organization (p. 453)
high-velocity environments
Industries in which competitive and technological change is so extreme that market data are either unavailable or obsolete, strategic windows open and shut quickly, and the cost of a decision error is company failure (p. 461)
imitation
The adoption of a decision tried elsewhere in the hope that it will work in the present situation (p. 460)
incremental decision process model
A model that describes the structured sequence of activities undertaken from the discovery of a problem to its solution (p. 447)
inspiration
An innovative, creative solution that is not reached by logical means (p. 460)
intuitive decision making
The use of experience and judgment, rather than sequential logic or explicit reasoning, to solve a problem (p. 439)
management science approach
Organizational decision making that is the analog to the rational approach by individual managers (p. 443)
nonprogrammed decisions
Novel and poorly defined, these are made when no procedure exists for solving the problem (p. 433)
organizational decision making
The organizational process of identifying and solving problems (p. 433)