University:
Stanford University
Course:
STRAMGT 309 | Strategies of Effective Product Management
Academic year:

2024
Views:

65

Pages:

4
Author:

Tobsuchtbvow

Decision Making 1. Describe the key factors in correcting a poor decision. StopThinkGo. Stop and admit that you made a poor decision and don't cast blame on others. Think about whom you can talk to and discuss options to correct the situation. Go and do your best to correct the problem, which includes leaving the situation if necessary, reporting unsafe situations, and apologizing to those you have hurt. 2. How can a deci- Every decision has consequences that affect the person sion impact oth- making the decision as well as others involved. These ers? consequences can be immediate or long-lasting. The consequences of decisions can be positive, negative, or a combination of both. 3. When making F decisions, you should not worry about how your decision will affect others. Please select the best answer from the choices provided. T F 4. Which of these is B NOT a routine decision? A. what time to go to bed at night B. deciding to end a relationship C. what to have for dinner D. 1/4 Decision Making what to wear to school Please select the best answer from the choices provided. A B C D 5. Why are poor de- Poor decisions are made when people have poor decicisions made? sion-making skills, when they do not consider the consequences of their decisions, when they do not understand all the factors involved in decisions, when they make decisions based on emotion, or when they make decisions impulsively. 6. Economic facA tors in decision making fall under the category of __________. A. external factors B. internal factors C. decision impacts D. consequence types Please select the best answer from the choices provided. A B C D 2/4 Decision Making 7. Describe the decision-making process STRONG. S: State the issue. What decisions need to be made? T: Think about your list of options. What's important? Are there possible alternatives? R: Rate the consequences for each option (HELP).O: Organize your thoughts. Reflect on your values.N: Narrow down the possibilities to one and act on it.G: Go over your decision. Did you achieve the desired outcome? Do you need to make changes? 8. Describe internal Internal factors that affect decision making include attifactors of deci- tude, emotions, and ethics. Attitude is how you react when sion making. faced with making a decision. It is best to have a positive attitude because it often helps one see more options as well as make decision making easier. Next, decisions can also be made based on how you feel. This emotional decision making can lead to poor decisions or roadblocks and should generally be avoided. The last factor is ethics. Ethics influence the way you live and an ethically motivated person will make decisions based on what they believe is just and fair. Values, goals, and priorities are the foundation upon which wise decisions are made. 9. Every deciT sion has consequences. Please select the best answer from the choices provided. T F 10. One reason poor T decisions are often made is because of impulsiveness. Please select the 3/4 Decision Making best answer from the choices provided. T F 4/4