Exam 9: Decision Making and Creativity

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Which of the following can lead to systematic errors that affect the quality, and perhaps ethical implications, of any decision that is made?

(Multiple Choice)
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Uncertain environments exist when information is sufficient to predict the results of each alternative in advance of implementation.

(True/False)
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What is the first step in the rational decision model?

(Multiple Choice)
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Which of the following statements pertaining to intuition is incorrect?

(Multiple Choice)
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Certainty is a less than ideal condition for managerial problem solving and decision-making.

(True/False)
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The generation of a novel idea or unique approach to solving performance problems or exploiting performance opportunities is known as __________.

(Short Answer)
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The __________ is the tendency to seek confirmation for what is already thought to be true and to neglect opportunities to acknowledge or find disconfirming information.

(Short Answer)
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Crisis environments exist when decision makers lack complete certainty regarding the outcomes of various courses of action, but they are aware of the probabilities associated with their occurrence.

(True/False)
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Creativity is more likely to occur when a person has little task expertise.

(True/False)
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A form of selective perception, the __________ involves seeking only those cues in a situation that support a preexisting opinion.

(Multiple Choice)
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All of the following are ways to avoid getting trapped in escalating commitments EXCEPT:

(Multiple Choice)
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A decision maker tells subordinates that lunch schedule is needed and asks them when they would like to schedule their lunch and why before making a decision. This is an example of a ________________ decision.

(Multiple Choice)
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The process of choosing a course of action for dealing with a problem or opportunity is called __________.

(Short Answer)
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Which of the following is consistent with the rational model where a decision is approached in a step-by-step and analytical fashion?

(Multiple Choice)
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Behavioral scientists are cautious about applying classical decision theory to many decision situations because they recognize that human beings have __________ limitations that restrict their information-processing capabilities.

(Multiple Choice)
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Which of the following is NOT one of the five basic steps involved in the rational decision model?

(Multiple Choice)
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Which of the following is NOT one of Cavanagh's criteria questions for assessing ethics in decision-making?

(Multiple Choice)
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The __________ involves assessing a current event based on past occurrences that are easily available in one's memory.

(Short Answer)
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_________ risks are threats to overall business success.

(Multiple Choice)
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Many managers use simplifying strategies or "rules of thumb" as a means of making it easier to deal with uncertainty and limited information in problem situations. These simplifying strategies are called __________.

(Short Answer)
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