Management Concepts Essay

Case for critical thinking A ingurgitate of lasts1. What information sources (or potential information sources) could have been use to assist with the decision- qualification routine for Wivenhoe Dam in this case? Potential information sources that could have been used to assist with the decision-making process for Wivenhoe Dam -SEQWater-Sought advice from Water Grid Manager-Water consignment-DERM (Department of Environmental Resource Management)Managerial decision-makingProblem avoidersProblem solversProblem seekersApproaches to decision makingClassical decision toughieBehavioral decision work faultfinding(prenominal) decision model2. With references to decision-making theory covered in the chapter, set forth the type of managerial decision-making evident in this case, and the conditions under which decisions were made.Managerial decision Making*Problem avoidably*Problem solvers*Problem seekersDecision conditions*Certain milieu*Risk environment*Uncertain environment3. Evalu ate the decisions made in the case in relation to the classical, behavioural and judgmental heuristics approaches to decision-making that are adumbrate in the chapter. Which model do you believe best describes the situation and succeeding decision-making process in this case? Justify your answer?Approaches to decision makingClassical decision modelBehavioral decision modelJudgmental decision modelCase decision*Classical decision modelProblem it was the flood that damage Brisbane and IpswichPossible alternative Not evacuant flood waters.Consequently threatened stability of damOptimizing decision quit of flood waters being aware of potential damage.SWOT digestStrengths*New technology*They set priorities*Manage timeWeakness omit of communicationMisunderstandingMisconductProblem solvingCrisisOpportunities*Professional mastermind*EmploymentThreatsNatural disaster (climate change)Damage roads and homes.Conclusion passel should make wise decision to save the lifes of the others.