BUS 201 Chapter 8
If you had to take action in this situation, besides suggesting that the group seek another manager's opinion, which of the following would you choose? *You will receive points regardless of the answer you choose, however you may see that some options are better than others.* a. Abstain from voting because you disagree b. Vote yes because the others think it's a good idea
a. Abstain from voting because you disagree
Alex suggests that the team get an outside opinion and invite a manger who was not involved in the product's development to evaluate the situation with fresh eyes. This results in the team deciding not to continue to invest in the product, which allows them to invest in other products with more promise. Which principle of evidence-based decision making (EBM) best supports the idea of having another manager get involved in the decision making process? Choose the correct answer. a. Be committed to fact-based decision making b. Base decisions on strongly held beliefs founded on what you have done in the past by using "benchmarking" of what winners do
a. Be committed to fact-based decision making
After feeling pressure from the team Alex goes along with the decision despite his apparent concerns about continuing to invest in the product. Which of the following concepts explains why Alex goes along with the decision of the other team members? Choose the correct answer. a. Groupthink b. Group polarization
a. Groupthink
In the video we see that Ryan, Allison, Billie, and Alex are considering whether or not they should discontinue the Titan Tie. Are they primarily engaged in decision making or problem solving when considering if they should discontinue the product? Choose the correct answer. a. Problem solving b. Decision making
b. Decision making
Alex abstains from voting because he is uncertain that it's a good idea to continue to invest in the product. Later, Ryan loses his job because the product failed because of a poor decision making process. Which of the following is a prescription for something Ryan could have done to improve the decision making process? Choose the correct answer. a. Increase escalation of commitment b. Increase impartiality
b. Increase impartiality
Determining whether to continue to invest in a sub-performing product or discontinuing a product so that you can invest in other new products is a challenging yet critical decision. Which of the following potential responses by Alex seems to best address the current dilemma he and the team faces? *You will receive points regardless of the answer you choose, however you may see that some options are better than others.* a. Vote yes because the others think it's a good idea b. Suggest the group get an outside opinion from another manager
b. Suggest the group get an outside opinion from another manager