Question 1

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

Accepted Answer

A)   Dialectical inquiry
B)   Devil's advocacy
C)   Groupthink
D)   Prior-hypothesis bias
E)   Organizational learningF) A) and C)
G) B) and D)

Question 2

Which of the following is a characteristic of an entrepreneur?

Accepted Answer

A)   Not open to new experiences
B)   Have an external locus of control
C)   Have a low level of self esteem
D)   Have a high need for achievement
E)   Have a low need for powerF) A) and B)
G) A) and C)

Question 3

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

Accepted Answer

A)   Managers can draw on the combined skills, competencies, and accumulated knowledge of group members.
B)   Managers can embark on a course of action without wasting time in evaluating its merits.
C)   Groups can rally around a central manager and the course of action that he supports.
D)   Groupthink can lead to better productivity.
E)   Group members commit to a decision without understanding its consequences.F) None of the above
G) C) and D)

Question 4

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

Accepted Answer

not answered
Explanation:March and Simon...

Question 5

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

Accepted Answer

A)   Social entrepreneurs
B)   Intrapreneurs
C)   Product champions
D)   Skunkwork specialists
E)   Devil's advocatesF) D) and E)
G) B) and D)

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

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

Accepted Answer

A)   Entrepreneurs
B)   Intrapreneurs
C)   Social entrepreneurs
D)   Devil's advocates
E)   Middle managersF) A) and B)
G) A) and C)

Question 8

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

Accepted Answer

A)   Concentrate on planning for the future instead of conducting a retrospective analysis.
B)   Reward middle managers irrespective of whether they fail or succeed to implement a decision.
C)   Rank various alternatives even when all relevant information is not available.
D)   List the criteria that are being used to assess and evaluate alternatives.
E)   Persist with economically superior alternatives despite the threat of cannibalization.F) A) and C)
G) B) and C)

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

What is the difference between entrepreneurs and intrapreneurs?

Accepted Answer

not answered
Explanation:Entrepreneurs a...

Question 11

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.

Accepted Answer

A)   intuitive
B)   creative
C)   heuristic
D)   subjective
E)   optimumF) A) and B)
G) A) and C)

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

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?

Accepted Answer

A)   Brainstormed decision
B)   Heuristic decision
C)   Programmed decision
D)   Intuitive decision
E)   Creative decisionF) All of the above
G) A) and E)

Question 14

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

Accepted Answer

A)   Creativity increases when managers pressure employees to deliver creative solutions quickly.
B)   Building a shared vision can curb an individual's sense of creativity.
C)   Top managers should visibly reward employees who come up with creative ideas.
D)   Employees must be penalized for ideas that seem outlandish.
E)   Creativity can be fostered by criticizing the efforts of creative employees.F) B) and D)
G) B) and C)

Question 15

Developing a learning organization is a quick and easy process.

Accepted Answer

A) True 
 B)False

Question 16

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.

Accepted Answer

A) True 
 B)False

Question 17

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

Accepted Answer

not answered
Explanation:A learning orga...

Question 18

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

Accepted Answer

not answered
Explanation:The two techniq...

Question 19

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

Accepted Answer

A)   Groupthink
B)   Dialectical inquiry
C)   Intuition
D)   Creativity
E)   The illusion of controlF) All of the above
G) A) and D)

Question 20

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

Accepted Answer

A)   They find it difficult to view problems from a fresh perspective.
B)   They often fail to specify the criteria that are important in reaching a decision.
C)   They violate domestic or international laws or government regulations.
D)   They fail to perform a cost-benefit analysis of the various alternatives.
E)   They do not have complete information in most cases.F) B) and D)
G) A) and E)

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

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

Correct Answerverifiednot answeredExplanation:The two techniq...View AnswerShow Answer

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?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct Answerverifiednot answeredExplanation:March and Simon...View AnswerShow Answer

Which of the following is a characteristic of an entrepreneur?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedShow Answer

What is the difference between entrepreneurs and intrapreneurs?

Correct Answerverifiednot answeredExplanation:Entrepreneurs a...View AnswerShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Developing a learning organization is a quick and easy process.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct Answerverifiednot answeredExplanation:A learning orga...View AnswerShow Answer

Correct Answer
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Explanation:The two techniq...
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Explanation:March and Simon...
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Explanation:Entrepreneurs a...
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Explanation:A learning orga...
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