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Instructions

1. Comment on 3 specific decision tools (choose tools rather than processes such as McMasters, the problem solving steps, etc) that you have encountered in this course that contribute to decision making through one or more of the following:

o Decision analysis

o Reducing uncertainty

o Risk analysis

2. Explain how the 3 tools you've chosen might support improved decision making, providing examples. You must include appropriate details/examples that relate to the use of the tools.

3. Illustrate how one cognitive mapping tool from the article in this module would enhance the decision process for either one of your examples or the problem you posed in this week's discussion. Provide the diagram/map of your work. You may construct your own chart to fill in or use one of the free mind mapping tools available online. You'll need to paste your final result into your Word document.

• The length should be between 400 and 550 words plus the cognitive map, excluding the title and references.
• Formal writing is required using APA.
• Formal research is not required beyond the article above, our textbooks, and other course documents.
• Comply with all APA 6th ed. citation and referencing rules.

First, watch the video. It walks you through how to use the TRIZ matrix. You may use the scenario from last week or you may choose a new problem. Keep in mind that TRIZ works best with complex problems. If alternatives are easily generated, then a fancy tool is of little use!
*I have included links and a few helpful comments at the end of the assignment information.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92036973

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