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After studying this chapter, you will be able to:

1. Explain the difference between decision making and problem solving.

2. Distinguish between programmed and nonprogrammed decisions.

3. Explain the intuitive approach to decision making.

4. Discuss two rational approaches to decision making.

5. List the different conditions under which managers make decisions.

6. Explain the role values play in making decisions.

7. Summarize the positive and negative aspects of group decision making.

8. Define creativity and innovation, and outline the basic stages in the creative process

9. Identify several specific tools and techniques that can be used to foster creative decisions.

10. List the six stages in creative decision making.

11. Explain the role of a management information system (MIS).







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