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Business and Group Decision-making
The CEO read your strategic plan and is very impressed with your suggestions and the speed with which your group developed the plan. He would like more groups within the organization to be as effective and efficient as your group was with this project. In order for other members of management to benefit from your group's experience you are to create an article for the corporate management newsletter that addresses the following:
QUESTIONS:
What type of decision making process did your group use to arrive at a consensus decision?
In what ways is the group decision making process different from the individual decision making process?
Did your group avoid or reduce group biases or errors? If yes, how? If no, why not or what happened?
What are the implications of social influence for individuals and organizations?
Explain how they are calculated, what they tell us about the company, and who tends to use those ratios
In view of the anticipated growth of the over-50 market, a leading cosmetics company is re-evaluating the marketing strategy for its best-selling moisturizing face cream for women.
Which of the following are strategic factors often used in depicting strategic groups?
Also cover the role of information systems in the continuing communication of these four geographically disparate business leaders.
A company that makes kitchen chairs wants to compare productivity at two of its facilities.
Why are performance objectives so significant for the development of business operations.
Is it possible to identify three scenarios for shared leadership both internal and external in an organization?
How is Innovation Governance related to Corporate Governance and why do Boards of Directors and senior managers need to address the issues associated with Innovation Governance?
Select one well-known business leader (like GE's Jack Welch, Chrysler's Lee Lacocca, IBM's Lou Gerstner, and so on.) to research on the Internet.
Your challenge as a transformational leader: You have two identical work groups, including management . This includes a manager who is the same level as you.
What is enterprise transformation? What role does leadership have in the transformation process?
Forecasting demand for a product versus a service.
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