MGT425-Spreadsheet Decision Modeling
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.
Question 2: Discuss that the decision-making process takes place in conditions of permanent uncertainty under the pressure of time.
Question 3: Discuss the inadequacy of the management theory in relation to problems faced by management practitioners in the decision-making process.
Question 4: Explain the various stages of problem-solving process with suitable examples.
Question 5: What is your learning from this study and how it is beneficial for you? (250- 300 words) (3-Marks).
