Scientific vs Intuitive decision making

Question 1

How does Scientific decision making work ?

Answer 1

• Uses data to make a decision.

Question 2

Pros of Scientific decision making

Answer 2

• Logical and a rational process and being based on data lowers the risk
• The review check on the decision making allows wider consideration

Question 3

Cons of Scientific decision making

Answer 3

• Takes a long time
• Expensive
• Data could be biased or outdated.

Question 4

What is Intuitive decision making

Answer 4

Uses a ‘hunch’ to make a decision.

Question 5

Pros of Intuitive decision making

Answer 5

• Quicker and can be affective when under time pressure.
• Experienced managers could rely on previously successful decisions

Question 6

Cons of Intuitive decision making

Answer 6

• High risk as it’s not based on data
• Hard to justify if it’s successful