Mgt 425

MGT425-Assignment-11.docx

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General Instructions – PLEASE READ THEM CAREFULLY

· The Assignment must be submitted on Blackboard ( WORD format only) via allocated folder.

· Assignments submitted through email will not be accepted.

· Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.

· Students must mention question number clearly in their answer.

· Late submission will NOT be accepted.

· Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

· All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

· Submissions without this cover page will NOT be accepted.

Course Learning Outcomes-Covered

Aligned (PLOs)	Course Learning Outcomes (CLOs)	Question
MGT.K.1 (1.1)	Find some structured ways of dealing with complex managerial decision problems.	Question- 1
MGT.K.3 (1.2)	Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems.	Question- 2
MGT.S.1 (2.1)	Demonstrate the tools for deciding when and which decision models to use for specific problems.	Question-3, 4
MGT.V.1 (3.1)	Build an understanding of the kind of problems that is tackled using Spreadsheet Modeling and decision analysis.	Question-5

Assignment Instructions:

· Log in to Saudi Digital Library (SDL) via University’s website

· On first page of SDL, choose “English Databases”

· From the list find and click on EBSCO database.

· In the Search Bar of EBSCO find the following article:

Title: “Intuitive and Rational Cognition in the Theory and Practice of Management Sciences”

Author: Marcin Nowak, Joanna Ziomek

Date: March 26, 2019

Assignment Questions: (Marks 15)

Read the above case study and answer the following Questions :

Question 1: Explain the role of rational and intuitive cognition in the theory and practice of management. (250-300 words) (3-Marks).

Question 2: Discuss that the decision-making process takes place in conditions of permanent uncertainty under the pressure of time. (250-300 words). (3-Marks).

Question 3: Discuss the inadequacy of the management theory in relation to problems faced by management practitioners in the decision-making process. (250-300 words) (3-Marks).

Question 4: Explain the various stages of problem-solving process with suitable examples. (250-300 words) (3-Marks).

Question 5: What is your learning from this study and how it is beneficial for you? (250-300 words) (3-Marks).

Answers: