10 Questions
Define the Illusion of Control.
The Illusion of Control is a belief that one can influence events even when one has no control over what will happen.
Explain the Framing Effects in decision making.
Framing Effects refer to how problems or decision alternatives are phrased or presented, influencing decisions despite objective facts.
List two advantages of group decision making.
Diversity of Ideas and Greater commitment to ideas.
What are the disadvantages of Group Decision Making?
Time Consuming and the risk of Groupthink.
Describe the Autocratic leadership style.
In the Autocratic style, the leader makes all decisions on behalf of the team, holding all authority and responsibility.
Explain the Laissez-Faire leadership style.
In the Laissez-Faire style, the leader takes a hands-off approach, giving members the freedom to make decisions.
What is the Democratic leadership style?
The Democratic style is collaborative and consultative, allowing each team member to contribute to ongoing projects.
How does Time Pressure affect decision making?
Time Pressure can lead decision makers to use intuitive shortcuts rather than fully processing all data.
What is the social reality called Interpersonal Factors?
Interpersonal Factors include intensive social interaction, bargaining, and politicking.
Explain the Transformational leadership style.
Transformational leadership causes change in individuals and social systems.
Test your knowledge on the traditional functions of management including planning, organizing, leading, and controlling. Explore how managers work with people and resources to achieve organizational goals.
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