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Title: chapter 12

Description: n/a

Total Flash Cards: 9

Created: 04/20/2009 11:42:24

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Additional Management Flashcards

Cards in this set:

Term
Decision Making
Definition
Identifying and choosing solutions that lead to a desired end result- a commitment of resources
Term
optimizing
Definition
the rational model
Term
bounded rationality
Definition
Simons normative model
Term
satisficing
Definition
tendency to pick the first acceptable solution
Term
knowledge management
Definition
share knowledge for decision making
Term
escalation of commitment
Definition
sticking to a bad course of action, can avoid with minimum targets
Term
brainstorming (Dr. Osbornes 4 rules)
Definition
–No judicial thinking- no criticism – Freewheeling – Quantity – Combinations & improvements sought
Term
Delphi Technique
Definition
process to generate ideas from physically dispersed experts over several written questionnaires
Term
Stages of the creative process
Definition
– Preparation – Concentration – Incubation – Illumination – verification



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