Decision Making, Learning, Creativity, Entrepreneurship

Question 1

Cons of group decision making

Answer 1

Wasted time
Disruptive conflict
Intimidation by group leaders

Question 2

Groupthink

Answer 2

Agreement among group at expense of accurate assessment

Question 3

Devils advocacy

Answer 3

Analyzing strengths and weaknesses of preferred alternative before implemented

Question 4

Brainstorming techniques

Answer 4

Delphi technique

1-3-6ing

Question 5

Programmed decision making

Answer 5

Highly routine decisions

Question 6

Non programmed decision making

Answer 6

Novel decisions for which there is no pre specified course of action

Question 7

Conscious mind

Answer 7

Left brain 
Logical 
9 items at one time 
Sleeps when we sleep 
10% brain capacity

Question 8

Unconscious mind

Answer 8

Right brain
Nervous system, heart rate, homeostasis, memory, experience
Awake when we sleep
90% brain capacity

Question 9

Classical model

Answer 9

All info known and mental capacity is infinite

Question 10

Administrative model

Answer 10

Bounded rationality
Incomplete information
Satisficing decision

Question 11

Decision making process

Answer 11

Recognize need for decision 
Generate alternatives 
Assess alternatives 
Choose among alternatives
Implement chosen alternative 
Learn from feedback

Question 12

Creativity

Answer 12

Ability to discover original ideas to lead to feasible alternative courses of action

Question 13

Entrepreneurs

Answer 13

Individual who notices opportunities and mobilizes resources necessary to produce new and improved goods and services

Question 14

Social entrepreneurs

Answer 14

Address social problems and needs to improve society and wellbeing

Question 15

Intrepreneur

Answer 15

Manager, scientist, or researcher who works inside an organization and notices opportunities to develop new or improved products and better ways to make them

Question 16

Pros of group decision making

Answer 16

Diverse ideas
Difference skills/abilities
Greater acceptance