Exam 6: Perception and Individual Decision Making

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The ________ bias is typically associated with negotiation.

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One of the core problems that created the financial meltdown of 2008 was that large loans were made to individuals who could not repay them, and the finance companies purchased these bad debts without realizing who how poor the prospects of repayment were. Which of the following decision making error was made by the lenders and borrowers?

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Which of the following statements is not an example of stereotyping?

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________ indicates the tendency of an individual to attribute his own successes to internal factors while putting the blame for failures on external factors.

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What factors that operate to shape and sometimes distort perception reside in the perceiver, what factors reside in the target being perceived, and what factors reside in the context of the situation in which the perception is made?

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The students in your class are presenting their oral presentations in front of the entire class. You have heard that there are several frequently used shortcuts to judging others and are wondering if any of these are being used by your teacher. -Allison has just presented her paper and has done a really good job. Why should you not want to present your own paper directly after she does?

(Multiple Choice)
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In the ethical yardstick of ________, decisions are made solely on the basis of their outcomes, ideally to provide the greatest good for the greatest number.

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In the real world, what do people typically do when making a decision about a problem?

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We tend to accept at face value information that is consistent with our preconceived views, while we are critical and skeptical of information that challenges these views. This represents the ________ bias.

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Which of the following statements is true regarding perception?

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When we judge someone on the basis of our perception of the group to which he/she belongs, it is called ________.

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Attribution theory suggests that when we observe an individual's behavior, we attempt to determine whether it was internally or externally caused. That determination, however, depends largely on three factors. Which of the following is one of these three factors?

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Decision makers construct simplified models that extract the essential features from problems without capturing all their complexity. That is, they operate within the confines of ________.

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________ is the process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment.

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Which of the following traits does a decision maker need to have if they are to fully appraise a problem and even see problems that others are not aware of?

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Tom knows that the title insurance company made a mistake on his property title. Because of their mistake, his neighbor now has access to an easement road through the 25 acres located at the back of his property. He can't use the acreage for pasture, because his neighbor insists that the gates remain open. The title company has offered a $40,000 settlement. Tom has decided to take the settlement rather than possibly lose in court if he were to sue the title company for more money. Tom's decision is based on ________.

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Those who spend extensive periods of time in other cultures generate more innovative solutions to problems.

(True/False)
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Samantha's rating in a job interview is high in contrast to the candidate who was interviewed directly before her, who was rated extremely low. In this case, Samantha's high rating can be partially attributed to the ________.

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The halo effect occurs because it is impossible for us to assimilate everything we see.

(True/False)
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Which of the following statements best represents a halo effect?

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