Consistently using a structured, model based process to make decisions
A) should produce good outcomes more frequently.
B) is less effective than making decisions in a haphazard manner.
C) is evidence that luck plays an important role in decision making.
D) always leads to well-deserved success in managerial decision making.

Question

Quizplus · Accepted Answer

Consistently following a structured, model based process helps in reducing biases and errors that might affect decision making. Using a consistent process can also yield more predictable and reliable outcomes, as it allows decision makers to evaluate the consequences of their choices before making a final decision. Therefore, using a structured process should produce good outcomes more frequently compared to a haphazard approach. However, it is important to note that external factors such as luck or unexpected events can still impact decision making outcomes.

Consistently Using a Structured, Model Based Process to Make Decisions