What information sources (or potential information sources) could have been used to assist with the decision-making process for Wivenhoe Dam in this case?
Question 2 (30 marks)
With reference to decision-making theory covered in the chapter, describe the type of managerial decision-making evident in this case, and the conditions under which decisions were made.
Question 3 (50 marks)
Evaluate the decisions made in the case in relation to the classical, behavioural and judgemental heuristics approaches to decision-making that are outlined in the chapter. Which model do you believe best describes the situation and subsequent decision-making process in this case? Justify your answer.
Getting started with MyEssayAssignmentHelp is FREE