Organizational Behavior
OER 2019 Edition
ISBN: 9781947172715
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 6.5, Problem 1CC
Explain what satisficing is and when it may be a good strategy.
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Chapter 6 Solutions
Organizational Behavior
Ch. 6.1 - What are some positive outcomes of decision-making...Ch. 6.1 - How is managerial decision-making different from a...Ch. 6.1 - In addition to the owners of a business, who are...Ch. 6.2 - Explain the two-systems used by the brain in...Ch. 6.2 - What is emotional intelligence, and why is it...Ch. 6.3 - Given an example of a programmed decision that a...Ch. 6.3 - Given an example of a non-programmed decision.Ch. 6.3 - What are heuristics, and when are they helpful?Ch. 6.3 - How are programmed and non-programmed decisions...Ch. 6.4 - Explain the concept of confirmation bias.
Ch. 6.4 - List and describe at least three barriers to...Ch. 6.4 - When is conflict beneficial, and when is it...Ch. 6.5 - Explain what satisficing is and when it may be a...Ch. 6.5 - What are the six steps in the decision-making...Ch. 6.5 - What are the four steps involved in ethical...Ch. 6.6 - Explain why group decision-making can be more...Ch. 6.6 - What are some things that can prevent groups from...Ch. 6.6 - As a manager, what can you do to enhance the...Ch. 6 - What are some of the factors that enabled to Jen...Ch. 6 - What are the two systems that the brain uses in...Ch. 6 - What is a heuristic, and when would it be...Ch. 6 - What is confirmation bias? Explain how it can be a...Ch. 6 - What is a logical fallacy?Ch. 6 - What are the two types of conflict? Which one is...Ch. 6 - What are the steps in the decision-making process?...Ch. 6 - What can individuals do to improve the quality of...Ch. 6 - What can groups or group leaders do to improve the...Ch. 6 - What are the benefits of decision-making in a...Ch. 6 - Why do you think vinyl records are appealing to...Ch. 6 - Do you think the sales growth will continue to be...Ch. 6 - What research would you want to conduct prior to...
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Knowledge Booster
Similar questions
- Define the 8 step of logistic strategies?arrow_forwarda. How does your organization use the aggregate planning strategies? Give examples and discuss. b. How is MPS done in your organization? Give examples and discussarrow_forwardTRADEKINGS is a soft drink manufacturer in Zambia. Although it has a commanding share of the soft drink market in Zambia, it is facing increasing competition from a soft drink known as Atia from Kenya and the Coca-Cola line of soft drinks. Required: Use a Product Portfolio (SWOT) Analysis to: Identify the opportunity OR threat to the Identify the company’s strength OR weakness of the company Recommend an appropriate strategyarrow_forward
- In general, how difficult is it is to operationalize strategy through functions? Think of how it would be different if the scenario were different?arrow_forwardExplain yield management and why it is an important strategy.arrow_forward• What are the possible alternatives?• What are the practical constraints?• What actions should be taken?arrow_forward
- Q.4.6 Before starting Batter Master, Zuzie had to plan how she would turn her newly acquired business into a successful venture. With the use of examples, outline the planning process Zuzie might have consideredarrow_forwardExplain the constraints in strategy formulationarrow_forwardFold back the decision tree (5 marks) to determine the best strategy for the circus; you must state this strategy (1 mark). What is the final expected profit?arrow_forward
- What impact does revenue management have on an overall strategy?arrow_forwardBrief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-12 What is the total cost in P1 and P2 after allocation using the direct method?arrow_forwardIn what ways is the automated strategy preferable to the manual strategy?arrow_forward
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