Purchase Solution

Cognitive Mapping and Decision-Making

Not what you're looking for?

Ask Custom Question

Dear Professor.

I need assistance with the following:

Instructions
1. Comment on 3 specific decision tools (choose tools rather than processes such as McMasters, the problem solving steps, etc) that you have encountered in this course that contribute to decision making through one or more of the following:

o Decision analysis
o Reducing uncertainty
o Risk analysis

2. Explain how the 3 tools you've chosen might support improved decision making, providing examples. You must include appropriate details/examples that relate to the use of the tools.

3. Illustrate how one cognitive mapping tool from the article in this module would enhance the decision process for either one of your examples.

Purchase this Solution

Solution Summary

I have provided discussion over three decision tools that can be used for effective decision making. Also provided the examples to support the discussion over these three decision tools.

Solution Preview

Dear Student,

Please find guidelines related to Cognitive Mapping in the attached file.

The content below has been written to get you started on this assignment. This has been written to help you with this particular problem and its use is limited as such. The content of the solution must not therefore be passed on as your own work for grading or commercial purposes. You can also use the listed resources to explore your topic further.

Good luck with your studies.

Sincerely,

Reena (106553)

Cognitive Mapping

Task 1.
Delphi method: To analysis the decision of the owner, it is the best method. In this method, a questionnaire or survey is conducted among the employees to know the view of the employees on something on which owner has already taken decision. However, employees do not know that owner has taken decision. Through this method owner will come to know about the decision ...

Purchase this Solution


Free BrainMass Quizzes
Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.