Problem 1. Devil's advocacy can be a safeguard against costly mistakes. However, it can also hamper decision making. How can devil's advocacy be used constructively in business situations?
Problem 2. Discuss the assumptions that underlie the classical model of decision-making, and explain how this model would help to explain the behavior of a manager who was attempting to act consistently with this model in a realistic business situation of your choosing.
Problem 3. Almost all managers are involved in business planning activities. Discuss why planning is important to managers within the organization.