Unit IV Question 1 (MDM 2)

Anonymous
timer Asked: Apr 21st, 2019
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Question Description

  1. As a business manager or owner, once you or your team have made decisions, how would you make sure that future decisions are good ones and not an escalation of commitment? Be sure to include a discussion of sunk costs versus future costs and benefits.

    Your response must be a minimum of 300 words in length.
  2. Please ensure that the APA format is used, with the in-text citation not included in the 300-word essay. Ensure that following text book is included in the answer: Bazerman, M. H., & Moore, D. A. (2013). Judgment in managerial decision making (8th ed.). Hoboken, NJ: Wiley. Check all work before submitting the final answer for plagiarism.

Tutor Answer

agneta
School: Rice University

Attached.

Running head: GOOD DECISION MAKING OF A MANAGER

Good Decision Making of a Manager
Institutional Affiliation
Course Name
Student Name
Date

GOOD DECISION MAKING OF A MANAGER

2

Good Decision Making as a Manager
Good decision making comes from the trust that a manager has on the system or the
business. Without trusting the system, this automatically leads to the escalation of
commitments and consequent breakdown of the whole business system as one ...

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Anonymous
Excellent job

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