Professional Documents
Culture Documents
Student Workbook Pt. 7docx
Student Workbook Pt. 7docx
Week 5
10 Is it possible for local businesses to plan effectively for all possible circumstances, such as
disastrous rare events? Could a hotel or restaurant in Phuket, Thailand have effectively
planned for the tsunami of 26 December 2004?
11 When using MBO as a manager, how would you go about achieving mutual agreement
between you and your employees to create strong commitment toward achieving the
goals? What would you do if a fundamental disagreement between you and your
employees arose about goal achievement?
Decision Making
7 What are the main differences between the administrative and political models of decision
making?
8 What is meant by satisficing and bounded rationality? Why do managers not strive to find the
economically best solution for many organisational decisions?
9 What techniques could you use to improve your own creativity and effectiveness in decision
making?
10 Which of the six steps in the decision-making process do you think is most likely to be
ignored by a manager? Explain.