Assignment: Time To Decide
Imagine being part of a group with three other coworkers trying to make a decision about whether to discontinue funding an underperforming product. The group has been working together on the product line for three years , but the product is clearly a failure. When you start to question where the decision is headed you are called disloyal and told to go with the team and give the product more time . One of the team members calls for a final vote on the group's decision, which appears to be to continue funding a clearly awful and doomed-to-fail product. Watch the "Now What?" video and discuss the following questions:
• Is this decision a programmed or non-programmed decision and what is the basis for your answer?
• How is groupthink and stereotyping illustrated in these videos?
• Would a rational decision-making approach work? Why or why not?
• As a manager, how else might you handle this situation? Please provide 1-2 examples to support your viewpoints
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.