Question $29$

Meyer works for a new start$-$up technology firm, which has six highly opinionated but very

committed employees. The owner of the firm, Zalman, strongly believes that he should

make every decision since he is the boss. But Zalman often jumps to conclusions and does

not even take time to diagnose the problem at hand because he does not like to ask any of

the employees for suggestions. Moreover, Zalman's decisions are usually focused on short$-$

term rather than long$-$term benefits and costs. At this point, most people in the firm agree

that the decision making of the owner is going to destroy the young firm before it really gets

started.

Zalman's belief that he should make every decision himself by diagnosing the problem as he

sees it and then immediately implementing a solution is a$($ n $)$

Suppose Zalman tells Meyer that the reason he makes every decision himself is because he

believes that he will be able to influence everything that happens in the business. This

unrealistic view is called

The fact that Zalman's decisions are usually focused on short$-$term benefits and costs rather

than the long term is an example of

$[$ Select