Process by which managers respond to opportunities and threats by analyzing options, and making determinations about specific organizational goals and courses of action
Prescriptivemodel that assumes the decision maker can identify and evaluate all possible alternatives and their consequences and rationally choose the most appropriate course of action
Optimumdecision: Most appropriate decision in light of what managers believe to be the most desirable consequences for the organization
Pattern of faulty and biased decision making that occurs in groups, where members strive for agreement among themselves at the expense of accurately assessing informationrelevant to a decision
Promotingdiversity improves group decision making by bringing together managers of both genders from various ethnic, national, and functional backgrounds, which broadens the range of lifeexperiences and opinions
Norms, rules and standards of behaviour begin to stabilise and co-operation takes over to form a unity.Group begins to work as a team to achieve common goals