PROCESS OF STRATEGIC CHOICE

Question 1

The evaluation of strategies
and selection of the best alternative

Answer 1

Strategic choice:

Question 2

In these instances, managers commit one or
more key blunders:

Answer 2

(1) their desire for speedy actions leads to a rush
to judgment,
(2) they apply failure-prone decision-making
practices such as adopting the claim of an
influential stakeholder, and
(3) they make poor use of resources by
investigating only one or two options.
*These three blunders cause executives to limit
their search for feasible alternatives and look for
quick consensus.

Question 3

A situation in which all parties
agree to one alternative.

Answer 3

Consensus:

Question 4

To raise different
opinions regardless of the personal feelings of
the people involved.

Answer 4

Programmed Conflict:

Question 5

Two techniques help strategic managers avoid
the consensus trap that Alfred Sloan found:

Answer 5

1. Devil’s advocate: An individual or a
   group assigned to identify the potential
   pitfalls and problems of a proposal.
2. Dialectical inquiry: A decision-making
   technique that requires that two
   proposals using different assumptions be
   generated for consideration.

Question 6

Two techniques help strategic managers avoid
the consensus trap that Alfred Sloan found:
An individual or a
group assigned to identify the potential
pitfalls and problems of a proposal.

Answer 6

. Devil’s advocate

Question 7

Two techniques help strategic managers avoid
the consensus trap that Alfred Sloan found:
: A decision-making
technique that requires that two
proposals using different assumptions be
generated for consideration.

Answer 7

Dialectical inquiry