Why do capable managers sometimes make bad decisions? What can individual managers do to improve their decision-making skills?
Answer to relevant QuestionsIn what kinds of groups is groupthink most likely to be a problem? When is it least likely to be a problem? What steps can group members take to ward off groupthink? Identify the criteria you used, either consciously or unconsciously, to guide your decision making. As a group, spend 5 or 10 minutes generating ideas about the alternative restaurants that the members think will be most likely to succeed. Each group member should be as innovative and creative as possible, and no ...What is the difference between vertical integration and related diversification? Think about the various clothing retailers in your local malls and city, and analyze the choices they have made about how to compete with one another along the f low cost and differentiation dimensions.
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