What provides clues to what an organization sees as its purpose?
A. the organization’s goals
B. the organization’s strategies
C. the organization’s business model
D. the organization’s mission
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Why is strategic management important?
A. It has little impact on organizational performance.
B. It is involved in many of the decisions that managers make.
C. Most organizations do not change.
D. Organizations are composed of similar divisions and functions.
All of the following are aspects of intuition except __________________.
A. experienced-based decisions
B. affect-initiated decisions
C. cognitive-based decisions
D. programmed decisions
The type of decision making in which the solution is considered “good enough” is known as _________________.
A. intuition
B. satisfying
C. maximizing
D. satisficing
It is assumed that a perfectly rational decision maker ______________.
A. does not follow rational assumptions
B. does not consider value maximizing as an objective
C. offers inconsistent decisions
D. would be objective and logical