Types Of Decisions Managers Can Formulate, Programmed And...

A decision is acknowledging there is an opportunity for different choices to be made. There are two types of decisions managers can formulate, programmed and nonprogrammed decisions. A programmed decision is when there is a recurring problem, and the manager knows that they can apply a rule to the decision. An example of a programmed decision would be similar to ordering supplies needed for the office. In a programmed decision the, risk of failure is relatively low since as a manager, you have made this decision before and almost certainly know the outcome of that decision. A nonprogrammed decision is when there is a unique situation, unstructured or poorly defined situation, which will cause significant consequences if not handled†¦show more content†¦When managers try and justify past decisions, they might think of how the solution they came up with worked but wasn’t 100% successful. Maybe tweak a few points, and it will be a more suitable solution. Managers might a lso be overconfident in their decision that it can come to backfire on them. Ways to help make the right decision is to start with potential brainstorming solutions with solid evidence than engaging in rigorous debates. 2. Big 5 personality traits Chapter 14 Know the Big Five Personality Traits Extroversion is a behavioral quality that is characterized by the energy and sociability of a person. They like to meet new people and tend to be optimistic and talkative. They make friends easily, feel comfortable around people and are skilled in handling a social situation. Their optimistic interpretations of the future allow extroverts to emerge as group leaders or to be perceived as a leader figure. However, while sociability and dominance are essential attributes for leaders, some who are excessively extroverted, have a tendency to behave in an aggressive, grandiose, and bold way. They tend to be in the spotlight and like to be the center of attention and can jump from one conversation or idea to another as well as over-estimating their personal capabilities, is a behavioral quality that is characterized by the energy and sociability of a person. This trait might precede a leader to take the input of their subordinates andShow MoreRelatedMgt 101-Hk1. Principles of Management- Midterm Exam3771 Words   |  16 Pagesthe following is an accurate statement in reference to management-by-objectives? rewards are given to workers independent from their objective attainment managers and workers meet to agree on worker objectives the manager and the worker do not meet during the operating period to monitor progress managers set and establish all objectives for the workers without worker involvement Question 10 1 points Save The fundamental purpose of planning is: Read MoreManagement Theory Practice16081 Words   |  65 Pages Flexible †¢ Job focused Skill focused †¢ Individual oriented Team oriented †¢ Permanent jobs Temporary jobs †¢ Command oriented Involvement oriented †¢ Managers always make decisions Employees participate in decision Making †¢ Rule oriented Customer oriented †¢ Relatively homogeneous workforce Diverse workforce †¢ Workdays defined as 9 to 5 Workdays have noRead MoreAdl 01 - Principles and Practices of Management Study Material.Pdf Uploaded Successfully30836 Words   |  124 Pages1: Managers and management i. ii. iii. iv. v. vi. vii. viii. ix. x. xi. xii. Introduction: Managers and management What is an organization? Why do organizations exist? The nature of Management What is management? Who are managers? Management Functions Management process Managerial Roles Managerial skills Levels of Management Schools of management thought Chapter 2: Management planning process i. ii. iii. iv. v. vi. vii. viii. Introduction: Planning Origin and Definition Why should managers plan