1)Which group decision-making technique allows group members in different locations to
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2)Rick is the ceo of a company that is acquiring another company. This is his first mergerso he has no basic rules to govern his decisions. Risk will need to rely onnonprogrammed decision making, which occurs in response to unusual, unpredictableopportunities or threats.4)What is it called when a decision takes time and effort to make, and is the result of
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5)Heuristics are rules of thumb that simplify the process of making decisions6)The administrative model of decision making explains why decision making is inherentlyuncertain and risky, managers usually make satisfactory rather than optimum decisions.7)Bounded rationality is the term coined by March and Simon to describe the cognitivelimitations that constrain the ability of people to interpret, process, and act oninformation.8)When individuals overestimate their ability to control activities and events, they sufferfrom an illusion of control.9)Which of the following are examples of initiatives pursued by social entrepreneurs?
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10) Indicate in order of the six steps of decision making, with the first step at the top.Recognize the need for a decision, generate alternatives, assess alternatives, chooseamong alternatives, implement the chosen alternative, learn from feedback11) Entrepreneurship is the mobilization of resources to take advantage of an opportunity toprovide customers with new or improved goods and services.