MGT Week 3 DB SA - Case Study Example

Management Case Study Management Case Study Respond 1 In decision making either in business in personal matters, it is crucial to separate emotions from facts. This is so due to the fact that good decision making is based on considering all facts by establishing which facts out way the other. For example, in this case study there are various issues to be considered by the yet to be a couple. One is the fact that one does not want to move because of his bad relationship with his family while the other factor considered is the financial issue (Bazerman & Moore 2009).

The couple does not have enough money to start a new life to live in new York at the moment hence moving to Pennsylvania will help them to save some money since they will be living with their family. Deciding to live in Pennsylvania was a good decision irrespective of the fact that it will have an emotional impact on one of them. However, being financially stable greatly outweighs a negative emotional impact thus deeming it a good decision to move back to Pennsylvania. Respond 2Many people use rational when making hard or simple decisions.

Scholars have further dissected the rational people use in decision making to the use of positive illusions and bias availability. This is where one makes a decision based on the bias they have given the decision depending on the consequences they stipulate. For example, in the case study when the person was selecting a service operator he/she depended on the information they had derived from others thus creating a bias that the product was good. This is usually works for many people but should not be used when making serious decisions since the information from which one creates a bias might be totally wrong.

ReferencesBazerman, M & Moore, D (2009). Judgment in managerial decision making (7th Ed.): New Jersey: Wiley.