Exam 9: Decision Making and Creativity

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When an unexpected problem can lead to disaster if not resolved quickly and appropriately, a _____________ occurs.

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__________ decisions simply implement solutions that have already been determined by past experience as appropriate for the problem at hand.

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Which of the following is a form of decision entrapment that leads people to do things that the facts of a situation do not justify?

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Which type of environments exists when managers have so little information that they cannot even assign probabilities to various alternatives and their possible outcomes?

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A decision is exposed to public scrutiny and forces decision-makers to consider it in the context of full transparency with the use of __________.

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The lack-of-participation error occurs in which phase of the rational decision model?

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__________ developed a framework for helping managers choose the Decision-Making methods most appropriate for various problem situations to insure both better choices and implementation.

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Unfortunately, formal crisis management programs are decreasing in popularity in organizations.

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Which of the following is considered to be a spotlight question as mentioned in the text?

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Intuition adds elements of flexibility and spontaneity to decision-making, thereby offering potential for creativity and innovation.

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When dealing with risk environments, managers may assign __________ by developing strategies and identifying critical risks.

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The representativeness heuristic bases a decision on similarities between the situation at hand and stereotypes of similar occurrences.

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The availability heuristic involves assessing a current event based on past occurrences that are easily available in one's memory.

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Nonprogrammed decisions are created to deal uniquely with a problem at hand.

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Which of these represents a key element in decision-making under risk and uncertainty?

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Examples of __________ decisions include reordering inventory automatically when stock falls below a predetermined level and issuing a written reprimand to someone who violates a specific work procedure.

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Bounded rationality is choosing the first alternative that appears to give an acceptable or satisfactory resolution of the problem.

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All of the following approaches can be used to increase creativity EXCEPT:

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Heuristics is the process of choosing a course of action for dealing with a problem.

(True/False)
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Explain the basic differences between the classical decision model and the behavioral decision model.

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