MGT 401 SEU Strategic Decisions and Knowledge Questions

Answer the questions:

1– Differentiate between data, information, and knowledge.?

2-Why are strategic decisions different from other kinds of decisions?

3-When is the planning mode of strategic decision-making superior to the entrepreneurial and adaptive modes?

4-When does a corporation need a board of directors?

5-Who should and should not serve on a board of directors? What about environmentalists or union leaders?

6- What traits appear to make individual most creative? Are these traits that lead to successful invention?

7– Access the following link and read about Meyer and Zack Knowledge management cycle given on page number 3 and 4.

Briefly describe the Meyer and Zack knowledge management cycle.?