5 Questions
What is the main focus of the course described in the text?
Decision making capabilities
How are strategic decisions different from processes according to the text?
Strategic decisions have long-term effects, while processes are used for small, micro decisions
What is the difference between fast thinking and slow thinking mentioned in the text?
Fast thinking is related to the innovation field, while slow thinking is related to traditional studies
Which type of decision cannot be reversed according to the text?
Strategic decision
What is the main characteristic of sticky knowledge mentioned in the text?
It helps in being flexible within a project
This quiz explores the differences between strategy and process, focusing on the decision-making capabilities and the dimension of size. It delves into the concept that strategy connects dots and involves micro decisions, while a process is a sequence of activities aiming to create value for the final customer.
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