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Please answer the following essay questions in your own words

1. Describe the role of intuition in decision making.
2. Managers can use six categories of activities to establish a
creative atmosphere in their organization. Please list and explain
each one.
3. Explain what brainstorming is, and give one example where you
used this method in your professional or personal life.
4. Explain what is a break-even analysis and also if you think
it is important or not and why.
5. What types of forecasts are there? List and explain each one
of them.
6. Explain what JIT (Just-in-time) inventory is and why it would
help a company save money.


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