Question 1

Decision makers are often dependent on others to ________ their decisions.

Accepted Answer

The answer of Decision makers are often dependent on others...

Question 2

What is groupthink? What are its symptoms? How can it be prevented?

Accepted Answer

Groupthink is the capacity for group pre

Question 3

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

Accepted Answer

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

Question 4

Sales at the Smelly Cheese Company had been down all year.Management met to try and identify the problem.The marketing manager was convinced that the problem was the result of poor marketing.The manager of human resources believed the problem was due to the lack of employee motivation.What is the difficulty they are having?

Accepted Answer

A) Perceptual defence 
B) Problem defined in terms of solution 
C) Problem diagnosed in terms of symptoms 
D) Problem defined in terms of functional specialty 
E) Too little information 
A) Perceptual defence 
B) Problem defined in terms of solution 
C) Problem diagnosed in terms of symptoms 
D) Problem defined in terms of functional specialty 
E) Too little information

Question 5

As individuals,the five partners who own a business tend to favour a risky investment.When they meet as a group to discuss the investment,we can expect a less risky course of action to be adopted.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following most clearly involves a decision program?

Accepted Answer

A) A medical ethics committee 
B) A task force to improve company image 
C) A standing order to a supplier 
D) A billion dollar investment decision 
E) A corporate merger 
A) A medical ethics committee 
B) A task force to improve company image 
C) A standing order to a supplier 
D) A billion dollar investment decision 
E) A corporate merger

Question 7

________ constitute assumptions and shortcuts that can improve decision-making efficiency but lead to serious errors in judgment.

Accepted Answer

The answer of ________ constitute assumptions and shortcuts that can...

Question 8

You and a friend have decided to study for your final exams together.However,time to study for your organizational behaviour exam is running out.Your friend persuades you to only study the first five of the ten chapters to be covered on the exam.When you get to the exam,you quickly read through all of the questions and are surprised to see that in fact the majority of the questions are from the first five chapters you studied.You and your friend both receive very good grades on the exam.Your friend never misses an opportunity to remind you how smart it was to only study the first five chapters.What is this an example of?

Accepted Answer

A) Escalation of commitment 
B) Hindsight 
C) Framing 
D) Confirmation bias 
E) Anchoring effect 
A) Escalation of commitment 
B) Hindsight 
C) Framing 
D) Confirmation bias 
E) Anchoring effect

Question 9

Both ill-structured and well-structured problems can be solved with programmed problem solving methods.

Accepted Answer

A) True 
 B)False

Question 10

The bestselling book and movie Moneyball,is an interesting example of

Accepted Answer

A) big data 
B) escalation of commitment 
C) analytics 
D) crowdsourcing 
E) risky shift 
A) big data 
B) escalation of commitment 
C) analytics 
D) crowdsourcing 
E) risky shift

Question 11

Finding meaningful patterns in large datasets using conventional statistics,mathematical modeling,and various techniques to represent data visually is called

Accepted Answer

A) big data 
B) data mining 
C) analytics 
D) crowdsourcing 
E) data sorting 
A) big data 
B) data mining 
C) analytics 
D) crowdsourcing 
E) data sorting

Question 12

For a(n)________ problem,the existing and desired states are clear,and it is obvious how to get from one to another.

Accepted Answer

The answer of For a(n)________ problem,the existing and desired states...

Question 13

Crowdsourcing involves outsourcing aspects of a decision process to a large collection of experts.

Accepted Answer

A) True 
 B)False

Question 14

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 15

Individual decision making generally results in higher quality decisions than group decision making.

Accepted Answer

A) True 
 B)False

Question 16

A familiar application of crowdsourcing is employed by ________.

Accepted Answer

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

Question 17

Which of the following is a potential example of the risky shift?

Accepted Answer

A) A manager quit her secure job in a large company to start her own business even though she had to mortgage her house. 
B) Steve decided to take an elective course in statistics even though he wasn't very good at quantitative subjects. 
C) A drug company put a new drug on the market even though it was possible that the drug would provoke bad side effects. 
D) Three partners were uncertain about expanding their business. After discussing the matter, they decided to expand even though the economy was bad. 
E) The board of directors voted to proceed with the expansion even though it would cost $10 million more than originally planned. 
A) A manager quit her secure job in a large company to start her own business even though she had to mortgage her house. 
B) Steve decided to take an elective course in statistics even though he wasn't very good at quantitative subjects. 
C) A drug company put a new drug on the market even though it was possible that the drug would provoke bad side effects. 
D) Three partners were uncertain about expanding their business. After discussing the matter, they decided to expand even though the economy was bad. 
E) The board of directors voted to proceed with the expansion even though it would cost $10 million more than originally planned.

Question 18

Research by Daniel Kahneman and Amos Tversky shows that

Accepted Answer

A) when people view a problem as a choice between losses, they tend to make conservative decisions. 
B) when people view a problem as a choice between gains, they tend to make risky decisions. 
C) when people view a problem as a choice between losses, they tend to make risky decisions. 
D) when people view a problem as a choice between losses, they tend to make poor decisions. 
E) when people view a problem as a choice between losses, they tend to make better decisions. 
A) when people view a problem as a choice between losses, they tend to make conservative decisions. 
B) when people view a problem as a choice between gains, they tend to make risky decisions. 
C) when people view a problem as a choice between losses, they tend to make risky decisions. 
D) when people view a problem as a choice between losses, they tend to make poor decisions. 
E) when people view a problem as a choice between losses, they tend to make better decisions.

Question 19

Escalation of commitment to a failing course of action

Accepted Answer

A) only occurs if the decision maker was personally responsible for the initial loss. 
B) shows how people may treat sunk costs improperly. 
C) is what defines the occurrence of a risky shift. 
D) is the most common outcome of information overload. 
E) only occurs in highly competitive situations. 
A) only occurs if the decision maker was personally responsible for the initial loss. 
B) shows how people may treat sunk costs improperly. 
C) is what defines the occurrence of a risky shift. 
D) is the most common outcome of information overload. 
E) only occurs in highly competitive situations.

Question 20

When he heard that turnover was increasing,the human resource manager immediately told the president that salaries would have to be raised.Unfortunately,low pay wasn't the cause of the turnover.Which decision making error did the manager commit?

Accepted Answer

A) He treated sunk costs improperly. 
B) He defined the problem in terms of a solution. 
C) He escalated commitment. 
D) He exhibited the knew-it-all-along effect. 
E) He revealed a confirmation bias. 
A) He treated sunk costs improperly. 
B) He defined the problem in terms of a solution. 
C) He escalated commitment. 
D) He exhibited the knew-it-all-along effect. 
E) He revealed a confirmation bias.

Decision makers are often dependent on others to ________ their decisions.

What is groupthink? What are its symptoms? How can it be prevented?

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

As individuals,the five partners who own a business tend to favour a risky investment.When they meet as a group to discuss the investment,we can expect a less risky course of action to be adopted.

Which of the following most clearly involves a decision program?

________ constitute assumptions and shortcuts that can improve decision-making efficiency but lead to serious errors in judgment.

Both ill-structured and well-structured problems can be solved with programmed problem solving methods.

The bestselling book and movie Moneyball,is an interesting example of

Finding meaningful patterns in large datasets using conventional statistics,mathematical modeling,and various techniques to represent data visually is called

For a(n)________ problem,the existing and desired states are clear,and it is obvious how to get from one to another.

Crowdsourcing involves outsourcing aspects of a decision process to a large collection of experts.

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

Individual decision making generally results in higher quality decisions than group decision making.

A familiar application of crowdsourcing is employed by ________.

Which of the following is a potential example of the risky shift?

Research by Daniel Kahneman and Amos Tversky shows that

Escalation of commitment to a failing course of action

When he heard that turnover was increasing,the human resource manager immediately told the president that salaries would have to be raised.Unfortunately,low pay wasn't the cause of the turnover.Which decision making error did the manager commit?

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

Decision makers are often dependent on others to ________ their decisions.

What is groupthink? What are its symptoms? How can it be prevented?

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

As individuals,the five partners who own a business tend to favour a risky investment.When they meet as a group to discuss the investment,we can expect a less risky course of action to be adopted.

Which of the following most clearly involves a decision program?

________ constitute assumptions and shortcuts that can improve decision-making efficiency but lead to serious errors in judgment.

Both ill-structured and well-structured problems can be solved with programmed problem solving methods.

The bestselling book and movie Moneyball,is an interesting example of

Finding meaningful patterns in large datasets using conventional statistics,mathematical modeling,and various techniques to represent data visually is called

For a(n)________ problem,the existing and desired states are clear,and it is obvious how to get from one to another.

Crowdsourcing involves outsourcing aspects of a decision process to a large collection of experts.

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

Individual decision making generally results in higher quality decisions than group decision making.

A familiar application of crowdsourcing is employed by ________.

Which of the following is a potential example of the risky shift?

Research by Daniel Kahneman and Amos Tversky shows that

Escalation of commitment to a failing course of action

When he heard that turnover was increasing,the human resource manager immediately told the president that salaries would have to be raised.Unfortunately,low pay wasn't the cause of the turnover.Which decision making error did the manager commit?

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