Exam 7: Decision Making, Learning, Creativity, and Entrepreneurship

_____ are individuals who pursue causes such as reducing poverty, increasing literacy, protecting the natural environment, or reducing substance abuse.

Discuss March and Simon's administrative model of decision making and explain the three concepts on which the model is based.

Which of the following is a characteristic of an entrepreneur?

What is the difference between entrepreneurs and intrapreneurs?

_____ is a decision maker's ability to discover original and novel ideas that lead to feasible alternative courses of action.

Discuss the two techniques used to counter groupthink and cognitive biases.

Which of the following is a reason why managers fail to generate creative solutions?

Decision making in response to opportunities occurs when managers search for ways to improve organizational performance to benefit customers, employees, and other stakeholder groups.

What is a learning organization? List Peter Senge's five principles for creating a learning organization.

A skunkworks is a group of intrapreneurs who are deliberately separated from the normal operation of an organization to encourage them to devote all their attention to developing new products.

Developing a learning organization is a quick and easy process.

Prior-hypothesis bias implies that managers tend to seek and use information that is consistent with their prior beliefs.

_____ is the term given to employees who engage in entrepreneurial activity and who are an important source of organizational creativity.

_____ is a critical analysis of a preferred alternative, defending unpopular or opposing alternatives for the sake of argument.

When paper supplies reaches a minimum level, Ethan makes a call to the supplier to order more paper. What type of decision does this represent?

Which of the following is a guideline to promoting individual creativity in an organization?

In the classical model of decision making, the most appropriate decision possible in light of what is believed to be the most desirable consequences for the organization is known as the ____________ decision.

Which of the following is a guideline for managers to avoid the negative effects of cognitive biases?

The likelihood of a manager making an error in judgment is much greater in programmed decision making than in nonprogrammed decision making.

Which of the following is an advantage of group decision making?