Process of decision making and innovation


Assignment:

Question 1. Describe the process of decision making and innovation? How do companies keep the balance of managing risk while continuously innovating? What is the role of external contacts for innovation?

Question 2. Give some examples of pooled interdependence, sequential interdependence, and reciprocal interdependence in groups. What are the various effects of interdependence on teamwork and team design?

Write each answer in 300 words.

 

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Business Management: Process of decision making and innovation
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