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How much does luck versus the skill (of decision-making) have to do with successful or unsuccessful decision-making? Research has shown that over half of the

  1. How much does luck versus the skill (of decision-making) have to do with successful or unsuccessful decision-making?
  2. Research has shown that over half of the decisions made within organizations fail. Does this surprise you? What might contribute to this failure?
  3. Share an example of a decision in which you used satisficing. Were you happy with the outcome? Why or why not? When would you be most likely to engage in satisficing?

 

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