Question 1

The tendency for a group to make a less risky decision than its individual members favour is called the ________.

Accepted Answer

The answer of The tendency for a group to make...

Question 2

One company strongly identified with the use of analytics is ________.

Accepted Answer

The answer of One company strongly identified with the use...

Question 3

When it comes to good evidence,benchmarking is the gold standard.

Accepted Answer

A) True 
 B)False

Question 4

The term ________ refers to copious amounts of information that are often collected in real time and can come from a wide variety of sources,particularly digital.

Accepted Answer

The answer of The term ________ refers to copious amounts...

Question 5

What is crowdsourcing and when is it best employed for decision making?

Accepted Answer

Crowdsourcing involves "outsourcing" asp

Question 6

Tom excused his poor judgment in choosing the wording for the contract by saying that he was under medication for an ulcer at the time.This is an example of diffusion of responsibility.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is a problem frame?

Accepted Answer

A) How the problem is stated 
B) How the problem is solved 
C) How the solution is evaluated 
D) How the solution is implemented 
E) How the decision makers are rewarded 
A) How the problem is stated 
B) How the problem is solved 
C) How the solution is evaluated 
D) How the solution is implemented 
E) How the decision makers are rewarded

Question 8

Which of the following is an example of faulty hindsight?

Accepted Answer

A) Alan erroneously predicted that his superiors would favour the reorganization plan. 
B) The small business owner could never forget how she had been let down by a particular supplier. 
C) The small business owner who had been let down by a supplier gave the supplier another large order. 
D) Suki decided to spend more money upgrading her old computer instead of buying a new one. 
E) When it became clear that the investment was a poor one, Pierre realized that he had known it was bad all along. 
A) Alan erroneously predicted that his superiors would favour the reorganization plan. 
B) The small business owner could never forget how she had been let down by a particular supplier. 
C) The small business owner who had been let down by a supplier gave the supplier another large order. 
D) Suki decided to spend more money upgrading her old computer instead of buying a new one. 
E) When it became clear that the investment was a poor one, Pierre realized that he had known it was bad all along.

Question 9

Which of the following is characteristic of well-structured problems?

Accepted Answer

A) They are unusual and have not been encountered before. 
B) They tend to be complex and involve a high degree of uncertainty. 
C) The existing state and the desired state are understood. 
D) They frequently arouse controversy and conflict among those interested in the problem. 
E) They often entail high risk. 
A) They are unusual and have not been encountered before. 
B) They tend to be complex and involve a high degree of uncertainty. 
C) The existing state and the desired state are understood. 
D) They frequently arouse controversy and conflict among those interested in the problem. 
E) They often entail high risk.

Question 10

Who failed to treat sunk costs properly?

Accepted Answer

A) The devil's advocate in the meeting 
B) The leader of the group that exhibited groupthink 
C) The manager who escalated commitment 
D) The salesperson who acted unethically 
E) The politician who cancelled the public works project 
A) The devil's advocate in the meeting 
B) The leader of the group that exhibited groupthink 
C) The manager who escalated commitment 
D) The salesperson who acted unethically 
E) The politician who cancelled the public works project

Question 11

What is it called when multiple independent research studies are summarized in a systematic way?

Accepted Answer

A) Data analysis 
B) Systematic analysis 
C) Meta-analysis 
D) Research summary 
E) Research analysis 
A) Data analysis 
B) Systematic analysis 
C) Meta-analysis 
D) Research summary 
E) Research analysis

Question 12

Much social science research is underappreciated by managers.

Accepted Answer

A) True 
 B)False

Question 13

A characteristic of a well-structured problem is uncertainty.

Accepted Answer

A) True 
 B)False

Question 14

Indiscriminately copying competitors is sometimes called

Accepted Answer

A) evidence-based management. 
B) imitation. 
C) benchmarking. 
D) analytics. 
E) best practices. 
A) evidence-based management. 
B) imitation. 
C) benchmarking. 
D) analytics. 
E) best practices.

Question 15

Tendencies to acquire and process information in an error-prone way are known as ________.

Accepted Answer

The answer of Tendencies to acquire and process information in...

Question 16

A meta-analysis is a technique used when multiple independent research studies are summarized in a systematic review.

Accepted Answer

A) True 
 B)False

Question 17

What sources of evidence are most useful at the information search and solution evaluation stages of the decision cycle?

Accepted Answer

A) harder sources of evidence 
B) expert judgment 
C) professional judgment 
D) softer sources of evidence 
E) management judgment 
A) harder sources of evidence 
B) expert judgment 
C) professional judgment 
D) softer sources of evidence 
E) management judgment

Question 18

Which of the following is most accurate?

Accepted Answer

A) Individuals are more prone than groups to escalate commitment. 
B) Groups are more prone to escalate commitment than individuals. 
C) Individuals and groups are equally likely to escalate commitment. 
D) Individuals are more prone to escalate commitment than groups when the individual in question is personally responsible for the sunk costs. 
E) Escalation only occurs in competitive situations. 
A) Individuals are more prone than groups to escalate commitment. 
B) Groups are more prone to escalate commitment than individuals. 
C) Individuals and groups are equally likely to escalate commitment. 
D) Individuals are more prone to escalate commitment than groups when the individual in question is personally responsible for the sunk costs. 
E) Escalation only occurs in competitive situations.

Question 19

What is bounded rationality and how can it influence alternative development,evaluation,and choice?

Accepted Answer

Bounded rationality is a decision-making

Question 20

Google and Facebook are two companies that have profited greatly from applying sophisticated ________ to big data to facilitate decisions about targeted advertising.

Accepted Answer

The answer of Google and Facebook are two companies that...

The tendency for a group to make a less risky decision than its individual members favour is called the ________.

One company strongly identified with the use of analytics is ________.

When it comes to good evidence,benchmarking is the gold standard.

The term ________ refers to copious amounts of information that are often collected in real time and can come from a wide variety of sources,particularly digital.

What is crowdsourcing and when is it best employed for decision making?

Tom excused his poor judgment in choosing the wording for the contract by saying that he was under medication for an ulcer at the time.This is an example of diffusion of responsibility.

Which of the following is a problem frame?

Which of the following is an example of faulty hindsight?

Which of the following is characteristic of well-structured problems?

Who failed to treat sunk costs properly?

What is it called when multiple independent research studies are summarized in a systematic way?

Much social science research is underappreciated by managers.

A characteristic of a well-structured problem is uncertainty.

Indiscriminately copying competitors is sometimes called

Tendencies to acquire and process information in an error-prone way are known as ________.

A meta-analysis is a technique used when multiple independent research studies are summarized in a systematic review.

What sources of evidence are most useful at the information search and solution evaluation stages of the decision cycle?

Which of the following is most accurate?

What is bounded rationality and how can it influence alternative development,evaluation,and choice?

Google and Facebook are two companies that have profited greatly from applying sophisticated ________ to big data to facilitate decisions about targeted advertising.

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

The tendency for a group to make a less risky decision than its individual members favour is called the ________.

One company strongly identified with the use of analytics is ________.

When it comes to good evidence,benchmarking is the gold standard.

The term ________ refers to copious amounts of information that are often collected in real time and can come from a wide variety of sources,particularly digital.

What is crowdsourcing and when is it best employed for decision making?

Tom excused his poor judgment in choosing the wording for the contract by saying that he was under medication for an ulcer at the time.This is an example of diffusion of responsibility.

Which of the following is a problem frame?

Which of the following is an example of faulty hindsight?

Which of the following is characteristic of well-structured problems?

Who failed to treat sunk costs properly?

What is it called when multiple independent research studies are summarized in a systematic way?

Much social science research is underappreciated by managers.

A characteristic of a well-structured problem is uncertainty.

Indiscriminately copying competitors is sometimes called

Tendencies to acquire and process information in an error-prone way are known as ________.

A meta-analysis is a technique used when multiple independent research studies are summarized in a systematic review.

What sources of evidence are most useful at the information search and solution evaluation stages of the decision cycle?

Which of the following is most accurate?

What is bounded rationality and how can it influence alternative development,evaluation,and choice?

Google and Facebook are two companies that have profited greatly from applying sophisticated ________ to big data to facilitate decisions about targeted advertising.

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