After Management Has Identified the Key Businesses Making Up Its

question 141

Multiple Choice

After management has identified the key businesses making up its company,what is the next step in portfolio analysis?

• A) identifying businesses in which to invest
• B) assessing the attractiveness of its SBUs
• C) deciding whether to harvest any businesses
• D) completing short-range planning
• E) identifying SBUs

Recognize the influence of meeting management, including time allocation and planning, on the outcomes of group decision-making.

Acknowledge the potential pitfalls in group decision-making, such as the planning fallacy and confirmation bias.

Understand the complexity and dynamics of group decision-making processes.

Identify and explain the various decision-making methods, including Vroom's model.

---

Definitions:

Procedural Memory

The type of long-term memory involved in the skill of performing tasks without conscious awareness of the learned skills, such as riding a bike.

Flashbulb Memory

Highly detailed and vivid memories of surprising and emotionally significant events, which seem to be recorded in one's memory almost as if by a camera's flash.

Implicit Memory

A type of memory that enables us to perform tasks without conscious awareness of these previous experiences.

Clustering

The tendency to remember similar or related items in groups, which is often observed in studies of memory and learning.