Questions from Management Science

Q: Discuss specific ways managers can encourage ethical behavior.

Discuss specific ways managers can encourage ethical behavior.

Q: Why is decision making often described as the essence of a manager’s

Why is decision making often described as the essence of a manager’s job?

Q: What is big data? How can managers effectively use big data

What is big data? How can managers effectively use big data to improve their decision making? Should managers be cautious in using big data?

Q: Describe the eight steps in the decision-making process.

Describe the eight steps in the decision-making process.

Q: All of us bring biases to the decisions we make. What

All of us bring biases to the decisions we make. What would be the drawbacks of having biases? Could there be any advantages to having biases? Explain. What are the implications for managerial decisio...

Q: Because managers have so many powerful decision-making tools to use

Because managers have so many powerful decision-making tools to use, they should be able to make more rational decisions.” Do you agree or disagree with this statement? Why?

Q: Is there a difference between wrong decisions and bad decisions? Why

Is there a difference between wrong decisions and bad decisions? Why do good managers sometimes make wrong decisions? Bad decisions? How might managers improve their decision making skills?

Q: Describe a decision you’ve made that closely aligns with the assumptions of

Describe a decision you’ve made that closely aligns with the assumptions of perfect rationality. Compare this decision with the process you used to select your college. Did you depart from the rationa...

Q: Explain how a manager might deal with making decisions under conditions of

Explain how a manager might deal with making decisions under conditions of uncertainty.

Q: What Is Value Chain Management and Why Is It Important?

What Is Value Chain Management and Why Is It Important?