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Course Learning Outcomes-Covered
Aligned (PLOs)
Course Learning Outcomes
Course Learning Outcomes-Covered
Aligned (PLOs)
Course Learning Outcomes (CLOs)
Question
MGT.K.1
(1.1)
Find some structured ways of dealing with complex managerial decision problems.
Question-1
MGT.K.3
(1.2)
Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems.
Question-3
MGT.S.1
(2.1)
Demonstrate the tools for deciding when and which decision models to use for specific problems.
Question-2
MGT.V.1
(3.1)
Build an understanding of the kind of problems that is tackled using Spreadsheet Modeling and decision analysis.
Question-4
Assignment Instructions:
Title: “Intuitive and Rational Cognition in the Theory and Practice of Management Sciences”
Author: Marcin Nowak, Joanna Ziomek
Date: March 26, 2019
Assignment Questions: (Marks 10)
Read the above case study and answer the following Questions:
Question 1: Explain the role of rational and intuitive cognition in the theory and practice of management. (250-300 words) (2.5-Marks).
Question 2: Discuss that the decision-making process takes place in conditions of permanent uncertainty under the pressure of time. (250-300 words). (2.5-Marks).
Question 3: Discuss the inadequacy of the management theory in relation to problems faced by management practitioners in the decision-making process. (250-300 words) (2.5-Marks).
Question 4: Explain the various stages of problem-solving process with suitable examples. (250-300 words) (2.5-Marks).
Answers:
1
2
3
4
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