Reference no: EM133154008

Imagine that you are part of a group with three other co-workers and that you're trying to make a decision about whether or not to discontinue funding an underperforming product. The group has been working together on the product line for three years, but the product is clearly a failure. When you begin to question the decision, you are accused of being disloyal and are advised to support the group and give the product more time. One of your co-workers calls for a final vote on the group's decision, which appears to be the intention to continue funding an awful product that is clearly doomed to fail. What do you say or do? Once the decision has been made, how do you appropriately communicate this to your manager, who is looking to make the company as profitable as possible?

-Is this a programmed or non-programmed decision?

-Are groupthink and stereotyping a part of this situation? If so, how do you overcome this problem to reach a decision? (Think in terms of a rational decision-making process).

-As a manager, how do you handle this situation?Prompts for response to other students:

1. How can you extend the approach presented by your peer as to how to overcome the problem? What could you offer as more advice/strategies?