Chapter 04: Assignment: Managing Decision Making Imagine that you are on the new business development team in your company. The team has been tasked with identifying a prospect list in a new sector. Which team decision-making approach will be best given the need for the team to be innovative in the generation of ideas? O Delphi group technique Nominal group technique O Interacting group approach Businesses commonly rely upon groups to make decisions because of the many advantages to group decision making. Which of the following are advantages of group decision making? Check all that apply. Better communication of the decision may occur. The process may be costlier because it takes more time. More knowledge and information are considered. Participants may be indecisive and seek a compromise solution Astute managers can use simple tactics to minimize the potential for groupthink to influence team decision outcomes. Which of the following tactics is best for minimizing the chance for groupthink to occur? Refrain from setting a a deadline Assign at least one member to play the role of devil's advocate. Ask for the team to unify behind one decision. Encourage talkative team members to lead the discussion