After studying this chapter, you should be able to:
Differentiate between programmed and nonprogrammed decisions, and explain why nonprogrammed decision making is a complex, uncertain process.
Describe the six steps that managers should take to make the best decisions, and explain how cognitive biases can lead managers to make poor decisions.
Identify the advantages and disadvantages of group decision making, and describe techniques that can improve it.
Explain the role that organizational learning and creativity play in helping managers to improve their decisions.
Describe how managers can encourage and promote entrepreneurship to create a learning organization, and differentiate between entrepreneurs and intrapreneurs.