1. What do you see as the main difference between a successful and an unsuccessful decision? How much
does luck versus skill have to do with it? How much time needs to pass to know if a decision is successful
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2. Research has shown that over half of the decisions made within organizations fail. Does this surprise you?
Why or why not?
3. Have you used the rational decision-making model to make a decision? What was the context? How well
did the model work?
4. Share an example of a decision in which you used satisficing. Were you happy with the outcome? Why or
why not? When would you be most likely to engage in satisficing?
5. Do you think intuition is respected as a decision-making style? Do you think it should be? Why or why not?