Explain the role of rational and intuitive cognition in the theory and practice of management.

Discuss the inadequacy of the management theory in relation to problems faced by management practitioners in the decision-making process

MGT425-Spreadsheet Decision Modeling

Assignment Questions: (Marks 15)

Read the above case study and answer the following Questions:

Question 1: Explain the role of rational and intuitive cognition in the theory and practice of management. (250-300 words) (3-Marks).

Question 2: Discuss that the decision-making process takes place in conditions of permanent uncertainty under the pressure of time. (250-300 words). (3-Marks).

Question 3: Discuss the inadequacy of the management theory in relation to problems faced by management practitioners in the decision-making process. (250-300 words) (3-Marks).

Question 4: Explain the various stages of problem-solving process with suitable examples. (250-300 words) (3-Marks).

Question 5: What is your learning from this study and how it is beneficial for you? (250-300 words) (3-Marks).