Exam 5: Foundations of Decision Making

Which of the following traits do all creative people seem to share?

The eight steps of decision making ________.

If a car buyer knows the inventory dealer price of the same car at different dealerships, he or she is operating under what type of decision-making condition?

According to one study, about ________ of men and women were somewhat creative.

In a short essay, describe how nominal group technique can help avoid groupthink and enhance creativity in group decision making.

Software programs that use a series of questions to aid humans in decision making are called ________.

Decisions made by individuals typically suffer from suspicions that the decision maker ________.

A manager is considering purchasing new computers for her department. The manager spends time assessing the computers her department now has. Which stage of the decision-making process is she going through?

The ________ blends the nominal group technique with sophisticated computer technology.

Herbert Simon won the Nobel Prize in economics for his work in describing ________.

Because heuristics simplify the decision-making process, they are unlikely to lead to errors.

All criteria are equally important in the decision-making process.

In a short essay, describe how electronic meetings can help avoid groupthink and enhance creativity in group decision making.

Intuitive decision making can complement ________.

Seeking the views of a diverse group of people can provide a decision maker with ________ on issues.

Programmed decisions draw heavily on which of the following?

Structured problems are ________.

In allocating weights to the decision criteria, which of the following is most helpful to remember?

The second step in the decision-making process is identifying a problem.

The three main models that managers use to make decisions are ________.