INSTRUCTIONS: Please answer the following questions using your course textbook, the provided resources and your own relevant ideas/insights based on the online learning sessions/interactions: Section A- Chapter 2: Decision Making 10 x 2-20 Points 1. Assume that you are about to invest a significant amount of money in a relatively new start-up company that is introducing a unique product in the market. Explain why this may be considered a non-programmed decision. Discuss the steps of the decision making process that may help you in making such a decision. 2. Explain the significance of understanding cultural differences for effective decision making. How can an organization become highly reliable by quickly adapting to a changing (dynamic) environment? Discuss. Section B - Chapter 8: Planning & Goal-Setting 10 x 2 - 20 Points 1. Explain the different types of plans based on time frame and specificity. As a business leader, would you prefer to use directional plans or specific plans with an inexperienced team that lacks sufficient knowledge about your business? Support your answer with suitable justification 2. Contrast and discuss traditional goal setting approach and Management by Objectives (MBO). Would you prefer to work in an organization that uses the MBO approach? Support your answer with suitable justification