Organization Behavior

Written Response #4Questions on Chapter 8Decision Making and Problem SolvingGroups and Teams Answer questions on course concepts indicated below (questions 1-4). Read Case Study” The Role of Groupthink in Financial Crisis” on page 320 and answer questions 1, 2, and 3. Refer to the “Superheroes” exercise on page 330. Answer the questions given in the instructions. Written responses must be typed, size 12 font, double spaced, question-answer format, and written in proper English in complete sentences. For each question, answer approximately 3-5 sentences (one paragraph), sufficiently to demonstrate understanding. Apply the course concepts described in Chapter 3 to answering the questions below. Grading criteria: total possible points 20 (score represents 5% of total grade in the course) (Total assignment length: 4-5 pages) CONCEPT QUESTIONS (9points in total; points per question as indicated) 1) Describe the differences between programmed vs non-programmed.What are the implications of these differences for decision makers?(1.5points) 2) Describe at least three points in the decision-making process at which information plays an important role.How does the role of information in the rational model of decision making differ from the role of information in the behavioral model?(2.5 points) 3) Can you think of a time when you satisficed when making a decision? Have you ever suboptimized? (1 point) 4) What is meant by the term escalation of commitment? In your opinion, under what conditions is escalation of commitment likely to occur? (2 points) 5) Identify and discuss the steps in the creative process. What can an organization do to encourage and enhance employees’ decision-making creativity? (2 points) Case Study“Role of Groupthink in Financial Crisis” on pages 330and answer questions 1, 2, and 3 restated below. (6 points in total; 2 points each question) Case question 1: How were the elements of groupthink illustrated in the financial crisis? (2 point) Case question 2: What could be done to reduce the effects of groupthink in the future?(2 points) Case Question 3: Do you think that increasing the diversity of the financial companies’ leadership would reduce groupthink? Why or why not? (2 points) Superheroes Adapted from exercise on page 330.Think of you favorite superhero. Imagine that a large earthquake just hit a populated island Consider how you would solve the problems created by the earthquake by using the special abilities of your superhero (You determine what these special abilities).(5 points; points as indicated for each question) 1) Describe three 3 ways your superhero can assist people that are caught on the island in the aftermath of the earthquake with downed buildings, no electricity or water, people trapped in rubble, broken communications systems, etc. (2 points) 2) How did you use the creative process in answering the question 1 of the Superhero exercise?(1 point) 3)What are the organizational challenges or barriers to creativity? As a manager, what could you do to overcome these challenges or barriers? (2 points)