Question 1

Which of the following is true about intuition?

Accepted Answer

A) An automated response represents a judgment that is based on a subconscious integration of information stored in memory. 
B) People relying on automated experiences make choices that based on explicit knowledge. 
C) A holistic hunch represents a choice that is based on a familiar situation and a partially subconscious application of previously learned information related to that situation. 
D) People using a holistic hunch may not be able to explain why they want to make a certain decision, except that the choice "feels right." 
E) Holistic hunches are decisions made based on previous familiar incidents. 
A) An automated response represents a judgment that is based on a subconscious integration of information stored in memory. 
B) People relying on automated experiences make choices that based on explicit knowledge. 
C) A holistic hunch represents a choice that is based on a familiar situation and a partially subconscious application of previously learned information related to that situation. 
D) People using a holistic hunch may not be able to explain why they want to make a certain decision, except that the choice "feels right." 
E) Holistic hunches are decisions made based on previous familiar incidents.

Question 2

Brainstorming is not appropriate for evaluating alternatives or selecting solutions.

Accepted Answer

A) True 
 B)False

Question 3

According to the concept of bounded rationality, capital availability is an internal constraint that reduces rational decision making.

Accepted Answer

A) True 
 B)False

Question 4

According to the decision tree which of the following questions necessitates that a manager considers the harm or cost of an action to shareholders against the costs or benefits to other key constituents?

Accepted Answer

A) Does the proposed action maximize shareholder value? 
B) Is the proposed action ethical? 
C) Does the action result in a more favorable financial position for an organization? 
D) Would it be ethical not to take the action? 
E) Is the proposed action legal? 
A) Does the proposed action maximize shareholder value? 
B) Is the proposed action ethical? 
C) Does the action result in a more favorable financial position for an organization? 
D) Would it be ethical not to take the action? 
E) Is the proposed action legal?

Question 5

Consensus requires unanimous agreements.

Accepted Answer

A) True 
 B)False

Question 6

Mention a few steps to be taken to reduce the escalation of commitment in organizations.

Accepted Answer

The following actions are recommended to

Question 7

Which of the following causes decision makers to satisfice?

Accepted Answer

A) Confirmation bias 
B) Availability heuristics 
C) Sampling bias 
D) Optimizing 
E) Bounded rationality 
A) Confirmation bias 
B) Availability heuristics 
C) Sampling bias 
D) Optimizing 
E) Bounded rationality

Question 8

A decision tree is a graphical representation of the process underlying decisions and it shows the resulting consequences of making various choices.

Accepted Answer

A) True 
 B)False

Question 9

Contrast the rational and the normative models of decision making. What are the assumptions of each?

Accepted Answer

The rational model of decision making pr

Question 10

Which of the following steps in the rational model considers ethics, feasibility, and effectiveness of various choices?

Accepted Answer

A) Identifying the problem 
B) Generating obvious and creative alternative solutions 
C) Evaluating alternatives 
D) Implementing the chosen solution 
E) Evaluating the chosen solution 
A) Identifying the problem 
B) Generating obvious and creative alternative solutions 
C) Evaluating alternatives 
D) Implementing the chosen solution 
E) Evaluating the chosen solution

Question 11

The hindsight bias occurs when knowledge of an outcome influences our belief about the probability that we could have predicted the outcome earlier.

Accepted Answer

A) True 
 B)False

Question 12

List the important issues to be considered when using groups to make decisions.

Accepted Answer

There are five important issues to consi

Question 13

What is a judgmental heuristic? Describe the availability heuristic and the representativeness heuristic.

Accepted Answer

Judgmental heuristics represent rules of

Question 14

People with a(n) _____ decision-making style have a low tolerance for ambiguity and are oriented toward task and technical concerns when making decisions.

Accepted Answer

A) reasoning 
B) directive 
C) analytical 
D) conceptual 
E) behavioral 
A) reasoning 
B) directive 
C) analytical 
D) conceptual 
E) behavioral

Question 15

The use of heuristics increases the uncertainty inherent within the decision-making process.

Accepted Answer

A) True 
 B)False

Question 16

List the steps to be taken while conducting evidence-based decision making.

Accepted Answer

The evidence-based decision making model

Question 17

The _____ model proposes that managers use a four-step sequence when making decisions by identifying the problem, generating alternative solutions, selecting a solution, and implementing and evaluating the solution.

Accepted Answer

A) rational 
B) normative 
C) situational leadership 
D) nonrational 
E) contingency 
A) rational 
B) normative 
C) situational leadership 
D) nonrational 
E) contingency

Question 18

Computer-aided decision making increases consensus roadblocks.

Accepted Answer

A) True 
 B)False

Question 19

Creativity is defined as the process of using imagination and skill to develop a new or unique product, object, process, or thought.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is an internal constraint of bounded rationality that reduces rational decision making?

Accepted Answer

A) Employment levels in the community 
B) Human capital of the organization 
C) Government policies 
D) Capital availability 
E) Confirmation bias 
A) Employment levels in the community 
B) Human capital of the organization 
C) Government policies 
D) Capital availability 
E) Confirmation bias

Which of the following is true about intuition?

Brainstorming is not appropriate for evaluating alternatives or selecting solutions.

According to the concept of bounded rationality, capital availability is an internal constraint that reduces rational decision making.

According to the decision tree which of the following questions necessitates that a manager considers the harm or cost of an action to shareholders against the costs or benefits to other key constituents?

Consensus requires unanimous agreements.

Mention a few steps to be taken to reduce the escalation of commitment in organizations.

Which of the following causes decision makers to satisfice?

A decision tree is a graphical representation of the process underlying decisions and it shows the resulting consequences of making various choices.

Contrast the rational and the normative models of decision making. What are the assumptions of each?

Which of the following steps in the rational model considers ethics, feasibility, and effectiveness of various choices?

The hindsight bias occurs when knowledge of an outcome influences our belief about the probability that we could have predicted the outcome earlier.

List the important issues to be considered when using groups to make decisions.

What is a judgmental heuristic? Describe the availability heuristic and the representativeness heuristic.

People with a(n) _____ decision-making style have a low tolerance for ambiguity and are oriented toward task and technical concerns when making decisions.

The use of heuristics increases the uncertainty inherent within the decision-making process.

List the steps to be taken while conducting evidence-based decision making.

The _____ model proposes that managers use a four-step sequence when making decisions by identifying the problem, generating alternative solutions, selecting a solution, and implementing and evaluating the solution.

Computer-aided decision making increases consensus roadblocks.

Creativity is defined as the process of using imagination and skill to develop a new or unique product, object, process, or thought.

Which of the following is an internal constraint of bounded rationality that reduces rational decision making?

Organizational Behavior: The Quest for People-Centered Organizations and Ethical Conduct

Managing Diversity: Releasing Every Employees Potential

Organizational Culture, Socialization, and Mentoring

International OB: Managing Across Cultures

Key Individual Differences and the Road to Success

Values, Attitudes, Job Satisfaction, and Counter-Productive Work Behaviors

Social Perception and Attributions

Foundations of Motivation

Improving Job Performance With Goals, Feedback, Rewards, and Positive Reinforcement

Group Dynamics

Developing and Leading Effective Teams

Managing Conflict and Negotiating

Communicating in the Digital Age

Influence, Empowerment, and Politics

Leadership

Organizational Design, Effectiveness, and Innovation

Managing Change and Stress

Filters

Exam 12: Individual and Group Decision Making

Which of the following is true about intuition?

Brainstorming is not appropriate for evaluating alternatives or selecting solutions.

According to the concept of bounded rationality, capital availability is an internal constraint that reduces rational decision making.

According to the decision tree which of the following questions necessitates that a manager considers the harm or cost of an action to shareholders against the costs or benefits to other key constituents?

Consensus requires unanimous agreements.

Mention a few steps to be taken to reduce the escalation of commitment in organizations.

Which of the following causes decision makers to satisfice?

A decision tree is a graphical representation of the process underlying decisions and it shows the resulting consequences of making various choices.

Contrast the rational and the normative models of decision making. What are the assumptions of each?

Which of the following steps in the rational model considers ethics, feasibility, and effectiveness of various choices?

The hindsight bias occurs when knowledge of an outcome influences our belief about the probability that we could have predicted the outcome earlier.

List the important issues to be considered when using groups to make decisions.

What is a judgmental heuristic? Describe the availability heuristic and the representativeness heuristic.

People with a(n) _____ decision-making style have a low tolerance for ambiguity and are oriented toward task and technical concerns when making decisions.

The use of heuristics increases the uncertainty inherent within the decision-making process.

List the steps to be taken while conducting evidence-based decision making.

The _____ model proposes that managers use a four-step sequence when making decisions by identifying the problem, generating alternative solutions, selecting a solution, and implementing and evaluating the solution.

Computer-aided decision making increases consensus roadblocks.

Creativity is defined as the process of using imagination and skill to develop a new or unique product, object, process, or thought.

Which of the following is an internal constraint of bounded rationality that reduces rational decision making?

Organizational Behavior: The Quest for People-Centered Organizations and Ethical Conduct

Managing Diversity: Releasing Every Employees Potential

Organizational Culture, Socialization, and Mentoring

International OB: Managing Across Cultures

Key Individual Differences and the Road to Success

Values, Attitudes, Job Satisfaction, and Counter-Productive Work Behaviors

Social Perception and Attributions

Foundations of Motivation

Improving Job Performance With Goals, Feedback, Rewards, and Positive Reinforcement

Group Dynamics

Developing and Leading Effective Teams

Managing Conflict and Negotiating

Communicating in the Digital Age

Influence, Empowerment, and Politics

Leadership

Organizational Design, Effectiveness, and Innovation

Managing Change and Stress

Filters