Quiz 3 (version B) - DeLisle 1 Name_John DeLisle Business...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
DeLisle 1 Name __John DeLisle__ Business 371 Spring 2008 Quiz 3 Version B TAKE HOME 1. Define, compare, and contrast the classical, administrative and political decision making models.  (3  points) Classical Model - Decisions made solely on economic assumptions Administrative Model - How decision makers make decisions in tough situations.  There is limited information  with a vague outline of problems and goals. Political Model - Mostly for non-programmed decisions where conditions are uncertain.  - Management may disagree on solutions. - Conflict of goals. Almost all decisions have some economic basis.  The first rule of business is benefits must  exceed the costs.  If any decisions conflict with this, it is typically a bad decision. 2. Define, compare, and contrast the exploration, cooperation, and entrepreneurship innovation strategies.  (3 points) Exploration - Generic ideas - Creative organizations - Allow variety - Cross functional - These organizations set up ambiguous events to encourage thinking outside of the box. Cooperation - Both internal and external parts of the organization working together and adapting their  strategies to achieve the common goal set from higher management.
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern