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A typical rikk analyis compares the of any risk occuitrinitg by the if theyde occur. Reality and Fault Fact and fiction Positive and Negative Probability

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A typical rikk analyis compares the of any risk occuitrinitg by the if theyde occur. Reality and Fault Fact and fiction Positive and Negative Probability and consequences Revew Disoussion Rubric Inciividual Discussion Boatd Rasbric Module it and post your responses in the Individuat Decieion Making Key Cencepts Dincussion board. 1. Describe a decision you have made that closely alighs with the assumthions of perfect rationalify. Compare this with the process you used to select your major. Did you depart fror the rational modet in your choice of major? Explain. 2. Is the order in which altematives are consioered more critical under assurtptions of perfect rationalify or bounded rationality? Why? 3. Explain how a manager might deal with making decisions under conditions of uncertariy. 4. Give an example drawn from your personal decision making that lllustrates satsticing Wha steps would be necessary to make a better decision in that shatioer? 5. How does escalation of commitment alfect decision making? Have you had an exarncle of this in your decision making? 6. Discuss the role that stakeholders play in the four appeoaches to corporate social responsibility

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