Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hey Jorge, I think you make a really good point here about falling back to our base instincts. As mentioned by others, I think that

Hey Jorge, I think you make a really good point here about falling back to our base instincts. As mentioned by others, I think that this goes back to bounded rationality, which is making decisions based on the information available to us, which is often limited. I actually experienced a situation like this at the company I work at. I am redesigning the manufacturing floor for optimal process flow for all assembly and test operations. In this kind of situation, I was under a tight timeline and had limited knowledge resources avalible to me for the redesign of the factory floor. This meant that I had to create an initial draft for my management team which the information I had avalible. To negate this issue, I stated the knowledge gaps that I had and precefited that the layout I created was just an initial draft of the newly designed factory area. I think that in certain projects or tasks, individual have to almost Some might place the blame on management when it comes to this pressure of utilizing inidividual descision making for such a large project. In my opinion in a manaufacturing setting these kinds of situations are frequent as

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Ethics A Stakeholder And Issues Management Approach

Authors: Joseph W. Weiss

7th Edition

1523091541, 978-1523091546

Students also viewed these General Management questions