Mgt 3301 - Study guides, Class notes & Summaries

Which of the following refers to the pattern of faulty and biased decision making in which team members strive for agreement among themselves at the expense of accurately assessing information relevant to a decision? skunkworks satisficing brainstorming groupthink correct answers groupthink Which of the following statements is true for a manager intending to create a learning organization? Only the top managers are allowed to develop a sense of personal mastery. Employees are discoura...

MGT 3301 UHD-FINAL EXAM QUESTIONS AND ACCURATE ANSWERS...

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MGT 3301 Chapter 1 Exam Questions and Answers Virgnia Rometty CEO of IBM, believes that her success is due in part to her ability to take risks - ANSWER TRUE Exceptional managers have a gift that can't be taught - ANSWER FALSE Management includes integrating the work of people through planning, organizing, leading, and controlling the organization's resources - ANSWER TRUE To be efficient in management means to use resources wisely and cost effectively - ANSWE...

MGT 3301 Chapter 7 Test Questions and Answers When a manager makes a decision based on the strong beliefs she already has, she is guilty of a prior-hypothesis bias - ANSWER TRUE You have surveyed all of your close friends, and they all prefer ice cream to frozen yogurt. Thus you should be confident that everyone prefers ice cream; that is, this is a representative sample of adequate size - ANSWER FALSE The process of identifying and choosing between alternative courses...