Exam 6: Perception and Individual Decision Making

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Which of the following terms involves making decisions so as to provide the greatest good for the greatest number?

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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 his back 25 acres. 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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Which of the following is not a way to increase creativity?

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Because attribution is perceived differently in Eastern cultures, which response is not likely to be made by a manager from Japan whose department is failing.

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You are the manager of a development group in a large computer software company. You have decided that it is important for your group to understand the many ways that ethical decisions can be made and you are designing a training program on the subject of ethics. You want to teach the decision criterion that currently dominates business decision-making. -If you wish to emphasize the importance of making decisions consistent with fundamental liberties and privileges, the focus of your teaching will also be on which of the following?

(Multiple Choice)
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You are part of a group making a decision about whether it is appropriate to discontinue research on a new drug. This new drug would save lives, but it is uncertain whether you can develop it within a reasonable time frame and at a reasonable cost. Your firm has already spent a small fortune on this drug. You have gathered so much information in preparation to making the decision that you are unable to sort the good information from the superfluous data. Well after you have started trying to make a decision, new information comes to light that implies that the drug may be able to be synthesized much more cheaply than was previously thought. -The group later learns that the drug will be very expensive to manufacture, but the group decides to continue the project so that all the resources already spent on it will not have been wasted. In this case the group has done which of the following?

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A satisficing solution is satisfactory but not sufficient.

(True/False)
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Which is not one of the steps in the rational decision-making model?

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The three criteria for making ethical decisions are ________.

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Discuss four shortcuts used in judging others.

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It has been well documented that individuals escalate commitment to a failing course of action when they view themselves as responsible for the failure.

(True/False)
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Nikolas needs to come up with a creative design logo for his new client. What should Nikolas do to increase his creativity.

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Why is decision making a perceptual issue?

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What is the name of the theory that deals with how we explain behavior differently depending on the meaning we assign to the behavior of the actor?

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Jackson continues to put money into car repair even though he knows the car is a "lemon." This is an example of the availability bias.

(True/False)
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Which of the following is an example of externally caused behavior?

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Mel has exceeded her budget by at least $200 every month for the last three months. After recognizing that this is a problem, she decides to use the rational decision-making model to decide what to do. What might be the next step she takes if she follows this model?

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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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Explain how stereotyping can cause problems for some managers when making ethical decisions. Provide an example.

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In attribution theory, "distinctiveness" refers to whether an individual displays different behaviors in different situations.

(True/False)
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