Question 1

Researchers have identified a six-step model that can be used by managers who are faced with an important decision.Discuss these steps as they would apply to an important and realistic business situation of your choosing.

Accepted Answer

The answer of Researchers have identified a six-step model that...

Question 2

Discuss the four sources of bias that can adversely affect the way managers make decisions.

Accepted Answer

The answer of Discuss the four sources of bias that...

Question 3

Discuss the four criteria to evaluate the pros and cons of alternative courses of action.

Accepted Answer

The answer of Discuss the four criteria to evaluate the...

Question 4

What are the characteristics of an entrepreneur?

Accepted Answer

The answer of What are the characteristics of an entrepreneur?...

Question 5

Discuss the two techniques known to counteract groupthink and cognitive biases.

Accepted Answer

The answer of Discuss the two techniques known to counteract...

Question 6

Define entrepreneurship and explain three ways that organizations can promote organizational entrepreneurship.

Accepted Answer

The answer of Define entrepreneurship and explain three ways that...

Question 7

Differentiate between "management" and "entrepreneurship".Why do entrepreneurs often have difficulty in managing?

Accepted Answer

The answer of Differentiate between "management" and "entrepreneurship".Why do entrepreneurs...

Question 8

There are three important techniques that managers can use to promote creativity in group decision-making situations.Discuss any two of these techniques and explain how each of the techniques that you have selected could be used by a manager in a specific business situation of your choosing to promote a more creative decision by the group.

Accepted Answer

The answer of There are three important techniques that managers...

Question 9

Define a learning organization and list Peter Senge's five principles for creating a learning organization.

Accepted Answer

The answer of Define a learning organization and list Peter...

Question 10

Discuss the perils of groupthink.

Accepted Answer

The answer of Discuss the perils of groupthink....

Question 11

Identify the advantages and disadvantages of group decision-making.Describe at least two ways that groups can overcome some disadvantages,using an example of a group of students doing a course project.

Accepted Answer

The answer of Identify the advantages and disadvantages of group...

Question 12

Define a learning organization and discuss the relationship with creativity.

Accepted Answer

The answer of Define a learning organization and discuss the...

Question 13

Discuss the procedure managers can use to learn from the results of past decisions.

Accepted Answer

The answer of Discuss the procedure managers can use to...

Quiz 7: Decision Making,learning,creativity,and Entrepreneurship