Factors That Affect The Decision Making - 853 Words

Throughout these articles we are presented with various situational biases, which affect the decision making process.As managers, we will be given significant responsibility and will be making decisions affecting multiple levels within corporations.During the process of decision-making we must realize we may have various biases towards different choices.These articles present situations and understandings along with showing insight into decreasing the level of bias during the decision process.There are many traps managers fall into causing bad choices and these essays do provide insight and steps to take before a final decision is made. The first of the cognitive biases I will discuss is Emotional Tagging.This bias is â€Å"the process by which emotional information attaches itself to the thoughts and experiences stored in our memories.This emotional information tells us whether to pay attention to something or not†¦Ã¢â‚¬  It essentially works by using past knowledge and experiences to land on a specific decision.This bias can play a significant role in decision making, however, as mentioned in the case about Wang, can be harmful. Wang did not want to use the IBM PC due to his prior relationship he had with the company and ultimately his decision lead to the failure of his company.The reason so many fall into the emotions trap is really due to the unconscious thinking.We generally get the idea in our head and fail to change our minds even when all evidence is given to us (as mentionedShow MoreRelatedFactors That Affect Police Decision Making Essay1267 Words   |  6 Pageshead: FACTORS THAT AFFECT POLICE DECISION MAKING 1 Factors That Affect Police Decision Making Bridgette Clark Donald Drewry Policing 231 Park University 4 December 2016 FACTORS THAT AFFECT POLICE DECISION MAKING 2 Abstract Police discretion consists of a two part decision, whether to intervene and how best to intervene. FACTORS THAT AFFECT POLICE DECISION MAKING 3 Law enforcement is filled with decision making. 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