Question 1

Assuming, after a decision has been made, that one knew the decision was flawed before it was made is an example of ________.

Accepted Answer

the knew-i

Question 2

When crowdsourcing is used the crowd in question is usually outside of the organization.

Accepted Answer

A) True 
 B)False

Question 3

Framing and cognitive biases both illustrate the operation of bounded rationality.

Accepted Answer

A) True 
 B)False

Question 4

A standardized way of solving a problem is a(n)________.

Accepted Answer

The answer of A standardized way of solving a problem...

Question 5

The impact of mood on decision making is usually dysfunctional.

Accepted Answer

A) True 
 B)False

Question 6

Non-programmed decision making

Accepted Answer

A) may stimulate strong political considerations. 
B) is used to solve well-structured problems. 
C) is most likely to be required at lower levels of the organizational hierarchy. 
D) tends to involve much certainty. 
E) is used to solve repetitive problems. 
A) may stimulate strong political considerations. 
B) is used to solve well-structured problems. 
C) is most likely to be required at lower levels of the organizational hierarchy. 
D) tends to involve much certainty. 
E) is used to solve repetitive problems.

Question 7

A familiar application of crowdsourcing is employed by ________.

Accepted Answer

The answer of A familiar application of crowdsourcing is employed...

Question 8

The perfect prototype for ________ is the Economic Person.

Accepted Answer

The answer of The perfect prototype for ________ is the...

Question 9

Mark has two alternatives.There is a 50 percent chance that he will earn $120,000 if he accepts a government contract.If he decides not to accept the contract and instead continues on his present project, he has an 80 percent chance of earning $100,000.If Mark is a perfectly rational decision maker, which of the following statements is TRUE?

Accepted Answer

A) He will accept the government contract. 
B) His expected value of continuing on the present project is $80,000. 
C) He will attempt to satisfice. 
D) He will ignore economic criteria in making his decision. 
E) He will revise his earnings estimate on the government contract to make it more attractive. 
A) He will accept the government contract. 
B) His expected value of continuing on the present project is $80,000. 
C) He will attempt to satisfice. 
D) He will ignore economic criteria in making his decision. 
E) He will revise his earnings estimate on the government contract to make it more attractive.

Question 10

Discuss the contemporary approaches that can be used to improve decision making in organizations.

Accepted Answer

The contemporary approaches to improve d

Question 11

Crowdsourcing can be used to develop alternative solutions to a problem, choose the best ________, or both.

Accepted Answer

The answer of Crowdsourcing can be used to develop alternative...

Question 12

People in a good mood are more likely to

Accepted Answer

A) violate the rational model. 
B) adhere to the rational model. 
C) approach decisions in a deliberate, systematic, detailed way. 
D) avoid making decisions. 
E) make better decisions. 
A) violate the rational model. 
B) adhere to the rational model. 
C) approach decisions in a deliberate, systematic, detailed way. 
D) avoid making decisions. 
E) make better decisions.

Question 13

Groups almost always make riskier decisions than individuals.

Accepted Answer

A) True 
 B)False

Question 14

Which is an example of a conservative shift?

Accepted Answer

A) After reading an article about the economy in Business Week, Frank decided not to expand his small business. 
B) Because of the recession, the construction firm lowered its profit margin to get more of its bids accepted. 
C) Coach Smith decided to play it safe and kick a field goal rather than having the injured quarterback try a pass. 
D) Several board members were cautiously optimistic about the merger proposal before the meeting.During the board meeting, so many problems were cited that the proposal was unanimously defeated. 
E) The individual city councilors were moderately opposed to the expensive bond issue.During the council meeting, so many negative points were raised that the bond issue was soundly defeated. 
A) After reading an article about the economy in Business Week, Frank decided not to expand his small business. 
B) Because of the recession, the construction firm lowered its profit margin to get more of its bids accepted. 
C) Coach Smith decided to play it safe and kick a field goal rather than having the injured quarterback try a pass. 
D) Several board members were cautiously optimistic about the merger proposal before the meeting.During the board meeting, so many problems were cited that the proposal was unanimously defeated. 
E) The individual city councilors were moderately opposed to the expensive bond issue.During the council meeting, so many negative points were raised that the bond issue was soundly defeated.

Question 15

When a gap is perceived to exist between an existing state and a desired state we have a(n)________.

Accepted Answer

The answer of When a gap is perceived to exist...

Question 16

Apple and Microsoft are two companies that have profited greatly from applying sophisticated analytics to big data to facilitate decisions about targeted advertising.

Accepted Answer

A) True 
 B)False

Question 17

One company strongly identified with the use of analytics is General Electric.

Accepted Answer

A) True 
 B)False

Question 18

When members of a group adopt the role of "protecting" the group from information that goes against its decisions it is called

Accepted Answer

A) illusion of invulnerability. 
B) mindguards. 
C) illusion of morality. 
D) self-censorship. 
E) illusion of unanimity. 
A) illusion of invulnerability. 
B) mindguards. 
C) illusion of morality. 
D) self-censorship. 
E) illusion of unanimity.

Question 19

Copious amounts of information that are often collected in real time and can come from a wide variety of sources, particularly digital is known as

Accepted Answer

A) analytics. 
B) crowdsourcing. 
C) big data. 
D) digital data. 
E) data analytics. 
A) analytics. 
B) crowdsourcing. 
C) big data. 
D) digital data. 
E) data analytics.

Question 20

The fashion business relies heavily on ________ to guide its choice of designs for production.

Accepted Answer

The answer of The fashion business relies heavily on ________...

Assuming, after a decision has been made, that one knew the decision was flawed before it was made is an example of ________.

When crowdsourcing is used the crowd in question is usually outside of the organization.

Framing and cognitive biases both illustrate the operation of bounded rationality.

A standardized way of solving a problem is a(n)________.

The impact of mood on decision making is usually dysfunctional.

Non-programmed decision making

A familiar application of crowdsourcing is employed by ________.

The perfect prototype for ________ is the Economic Person.

Discuss the contemporary approaches that can be used to improve decision making in organizations.

Crowdsourcing can be used to develop alternative solutions to a problem, choose the best ________, or both.

People in a good mood are more likely to

Groups almost always make riskier decisions than individuals.

Which is an example of a conservative shift?

When a gap is perceived to exist between an existing state and a desired state we have a(n)________.

Apple and Microsoft are two companies that have profited greatly from applying sophisticated analytics to big data to facilitate decisions about targeted advertising.

One company strongly identified with the use of analytics is General Electric.

When members of a group adopt the role of "protecting" the group from information that goes against its decisions it is called

Copious amounts of information that are often collected in real time and can come from a wide variety of sources, particularly digital is known as

The fashion business relies heavily on ________ to guide its choice of designs for production.

Organizational Behaviour and Management

Personality and Learning

Perception, Attribution, and Diversity

Values, Attitudes, and Work Behaviour

Theories of Work Motivation

Motivation in Practice

Groups and Teamwork

Social Influence, Socialization, and Organizational Culture

Leadership

Communication

Power, Politics, and Ethics

Conflict and Stress

Organizational Structure

Organizational Change, Development, and Innovation

Filters

Exam 11: Decision Making

Assuming, after a decision has been made, that one knew the decision was flawed before it was made is an example of ________.

When crowdsourcing is used the crowd in question is usually outside of the organization.

Framing and cognitive biases both illustrate the operation of bounded rationality.

A standardized way of solving a problem is a(n)________.

The impact of mood on decision making is usually dysfunctional.

Non-programmed decision making

A familiar application of crowdsourcing is employed by ________.

The perfect prototype for ________ is the Economic Person.

Discuss the contemporary approaches that can be used to improve decision making in organizations.

Crowdsourcing can be used to develop alternative solutions to a problem, choose the best ________, or both.

People in a good mood are more likely to

Groups almost always make riskier decisions than individuals.

Which is an example of a conservative shift?

When a gap is perceived to exist between an existing state and a desired state we have a(n)________.

Apple and Microsoft are two companies that have profited greatly from applying sophisticated analytics to big data to facilitate decisions about targeted advertising.

One company strongly identified with the use of analytics is General Electric.

When members of a group adopt the role of "protecting" the group from information that goes against its decisions it is called

Copious amounts of information that are often collected in real time and can come from a wide variety of sources, particularly digital is known as

The fashion business relies heavily on ________ to guide its choice of designs for production.

Organizational Behaviour and Management

Personality and Learning

Perception, Attribution, and Diversity

Values, Attitudes, and Work Behaviour

Theories of Work Motivation

Motivation in Practice

Groups and Teamwork

Social Influence, Socialization, and Organizational Culture

Leadership

Communication

Power, Politics, and Ethics

Conflict and Stress

Organizational Structure

Organizational Change, Development, and Innovation

Filters