Shekaalqahtani Mgt425

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:

• Log in to Saudi Digital Library (SDL) via University’s website.
• On first page of SDL, choose “English Databases.”
• From the list find and click on EBSCO database.
• In the Search Bar of EBSCO find the following article:

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