A decision making style is the combination of an individual-00573
This subjective question is related to the book/course vu cs401 Computer Architecture and Assembly Language Programming. It can also be found in vu cs401 Mid Term Solved Past Paper No. 4.
Question 1: A decision making style is the combination of an individual's perception and his response to certain information. Explain different decision making styles exhibited by managers.
Answer:
Decision-Making Styles
Research on decision styles has identified four different individual approaches to making decisions.
o Directive:
- Low tolerance for ambiguity and seek rationality
- Efficient and logical
- Decisions are made with minimal information and with few alternatives assessed.
- Make decisions fast and focus on the short-run.
o Analytic
- Greater tolerance for ambiguity
- Desire for more information and consideration of more alternatives
- Best characterized as careful decision makers with the ability to adapt to or cope with new situations
o Conceptual
- Tend to be very broad in their outlook and consider many alternatives
- Their focus is long range, and they are very good at finding creative solutions to problems.