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

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A manager who makes a programmed decision relies on established rules and guidelines.

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True

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

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A

The first step in the managerial decision-making process is to:

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D

_____ results from the tendency to make decisions based on preexisting beliefs even though evidence suggest that those beliefs are wrong.

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Which of the following would be considered a programmed decision by James Calloway, CEO of FSE Inc.?

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To avoid production blocking that occurs during brainstorming, the nominal group technique is often used.

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Which of the following group decision-making processes is a written approach to creative problem solving?

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The first step in the decision-making process is to recognize the need for a decision.

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Cognitive biases enable managers to make good decisions.

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When the probabilities of alternative outcomes cannot be determined and future outcomes are unknown, there exists:

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An organization in which managers enable subordinates to think creatively in order to maximize the potential for organizational learning is called a(n):

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Entrepreneurs have an external locus of control and believe that they are not responsible for what happens to them.

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_____ is the process through which managers seek to improve employees' desire and ability to understand and manage the organization.

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The last step in the managerial decision-making process is:

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Which of the following is true of a learning organization?

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Once managers have generated a set of alternatives, the next task is to implement these alternatives.

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Which of the following is true of decision making?

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

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To deal with opportunities and threats, managers must select one solution from a set of alternatives. This process is known as _____.

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

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