Exam 11: Decision Making

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Diffusion of responsibility might contribute to

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A negative mood promotes more creative,intuitive decision making.

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

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When it comes to good evidence,scientifically conducted peer-reviewed research is the gold standard.

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Big data is a technical term.

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The impact of mood on decision making is usually dysfunctional.

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What does big data refer to?

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Groupthink is a common phenomenon when groups are riddled with conflict and dissension.

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At which stage of the rational decision-making model is information overload a particular problem?

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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?

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What is evidence-based management and what is good evidence?

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Discuss the advantages and disadvantages of group decision making.

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The ill-structured problem is one where the

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Managers must often rely upon others when making decisions and solving problems.At what stage of the rational decision making process does reliance upon others often cause special problems?

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Analytics and big data are other facets of evidence-based management.

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Decision makers know that more information is not always better.

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Escalation of commitment refers to committing more and more resources to a failing course of action.

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What is crowdsourcing and when is most likely to be effective for decision making? What has contributed to the growth of crowdsourcing as a decision aid?

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In computer terminology,"garbage in" will result in "garbage out." This is used to describe

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Absenteeism has become a problem at the Smelly Cheese Company,so the human resource manager has decided to do something about it.He has decided to choose the first solution he comes across that will get the level of absenteeism to what it was in the previous year.What is this an example of?

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