Question 1

A program would most likely be used

Accepted Answer

A) to justify group decision making. 
B) to solve problems dealt with by top management. 
C) to solve a well-structured problem. 
D) to solve an ill-structured problem. 
E) to solve a risky problem. 
A) to justify group decision making. 
B) to solve problems dealt with by top management. 
C) to solve a well-structured problem. 
D) to solve an ill-structured problem. 
E) to solve a risky problem.

Question 2

Which of the following is a potential example of the risky shift?

Accepted Answer

A) A manager quit her secure job in a large company to start her own business even though she had to mortgage her house. 
B) Steve decided to take an elective course in statistics even though he wasn't very good at quantitative subjects. 
C) A drug company put a new drug on the market even though it was possible that the drug would provoke bad side effects. 
D) Three partners were uncertain about expanding their business.After discussing the matter, they decided to expand even though the economy was bad. 
E) The board of directors voted to proceed with the expansion even though it would cost $10 million more than originally planned. 
A) A manager quit her secure job in a large company to start her own business even though she had to mortgage her house. 
B) Steve decided to take an elective course in statistics even though he wasn't very good at quantitative subjects. 
C) A drug company put a new drug on the market even though it was possible that the drug would provoke bad side effects. 
D) Three partners were uncertain about expanding their business.After discussing the matter, they decided to expand even though the economy was bad. 
E) The board of directors voted to proceed with the expansion even though it would cost $10 million more than originally planned.

Question 3

What did Nobel Prize winner Herbert Simon recognize?

Accepted Answer

A) The usefulness of programmed decision making 
B) The usefulness of non-programmed decision making 
C) The perfectly rational characteristics of Economic Person do not exist in real decision makers 
D) The characteristics of Economic Person 
E) The existence of groupthink 
A) The usefulness of programmed decision making 
B) The usefulness of non-programmed decision making 
C) The perfectly rational characteristics of Economic Person do not exist in real decision makers 
D) The characteristics of Economic Person 
E) The existence of groupthink

Question 4

What is crowdsourcing and how can it aid decision making?

Accepted Answer

Crowdsourcing involves "outsourcing" asp

Question 5

Tom excused his poor judgment in choosing the wording for the contract by saying that he was under medication for an ulcer at the time.This is an example of diffusion of responsibility.

Accepted Answer

A) True 
 B)False

Question 6

What is bounded rationality and how can it influence alternative development, evaluation, and choice?

Accepted Answer

Bounded rationality is a decision-making

Question 7

People in a good mood are more likely to violate the rational model.

Accepted Answer

A) True 
 B)False

Question 8

The term "big data" refers to copious amounts of information that are often collected in real time and can come from a wide variety of sources, particularly ________.

Accepted Answer

The answer of The term "big data" refers to copious...

Question 9

Much of what passes for decision making in organizations consists of guessing what the ________ favours.

Accepted Answer

The answer of Much of what passes for decision making...

Question 10

Rules, routines, and rules of thumb are programmed solution techniques.

Accepted Answer

A) True 
 B)False

Question 11

Utima has a job interview and is spending the day preparing for it.She wants to make a good impression and is hoping the interviewer will make a positive decision.What would you advise her to do?

Accepted Answer

A) Try to create a bad mood on the part of the interviewer 
B) Try to create a good mood on the part of the interviewer 
C) Try to be in a good mood during the interview 
D) Try to be in a bad mood during the interview 
E) Try to create a neutral mood on the part of the interviewer 
A) Try to create a bad mood on the part of the interviewer 
B) Try to create a good mood on the part of the interviewer 
C) Try to be in a good mood during the interview 
D) Try to be in a bad mood during the interview 
E) Try to create a neutral mood on the part of the interviewer

Question 12

What two companies have profited greatly from applying sophisticated analytics to big data to facilitate decisions about targeted advertising?

Accepted Answer

A) Google and Facebook 
B) Google and Yahoo 
C) Facebook and Yahoo 
D) Google and Microsoft 
E) Facebook and Apple 
A) Google and Facebook 
B) Google and Yahoo 
C) Facebook and Yahoo 
D) Google and Microsoft 
E) Facebook and Apple

Question 13

The perfectly rational decision maker tends to satisfice.

Accepted Answer

A) True 
 B)False

Question 14

A study of 356 decisions in medium to large organizations found that ________ of them failed.

Accepted Answer

The answer of A study of 356 decisions in medium...

Question 15

If you are involved in an important decision in your organization and are looking for some assistance in developing alternative solutions to a problem and choosing the best solution, what might be helpful?

Accepted Answer

A) Evidence-based management 
B) Big data 
C) Crowdsourcing 
D) Analytics 
E) Group decision making 
A) Evidence-based management 
B) Big data 
C) Crowdsourcing 
D) Analytics 
E) Group decision making

Question 16

A study of 356 decisions in medium to large organizations found that half the decisions made in organizations fail.

Accepted Answer

A) True 
 B)False

Question 17

A rule is an example of a program for making a decision.

Accepted Answer

A) True 
 B)False

Question 18

One company strongly identified with the use of ________ is General Electric.

Accepted Answer

The answer of One company strongly identified with the use...

Question 19

At the ________ stage of the rational decision-making model the assistance of others is often a particularly critical issue.

Accepted Answer

solution i

Question 20

What three things are noteworthy about the definition of decision making?

Accepted Answer

A) Choice, problem, and resources 
B) Choice, problem, and process 
C) Choice, process, and resources 
D) Problem, process, and resources 
E) Choice, problem, and program 
A) Choice, problem, and resources 
B) Choice, problem, and process 
C) Choice, process, and resources 
D) Problem, process, and resources 
E) Choice, problem, and program

A program would most likely be used

Which of the following is a potential example of the risky shift?

What did Nobel Prize winner Herbert Simon recognize?

What is crowdsourcing and how can it aid decision making?

Tom excused his poor judgment in choosing the wording for the contract by saying that he was under medication for an ulcer at the time.This is an example of diffusion of responsibility.

What is bounded rationality and how can it influence alternative development, evaluation, and choice?

People in a good mood are more likely to violate the rational model.

The term "big data" refers to copious amounts of information that are often collected in real time and can come from a wide variety of sources, particularly ________.

Much of what passes for decision making in organizations consists of guessing what the ________ favours.

Rules, routines, and rules of thumb are programmed solution techniques.

Utima has a job interview and is spending the day preparing for it.She wants to make a good impression and is hoping the interviewer will make a positive decision.What would you advise her to do?

What two companies have profited greatly from applying sophisticated analytics to big data to facilitate decisions about targeted advertising?

The perfectly rational decision maker tends to satisfice.

A study of 356 decisions in medium to large organizations found that ________ of them failed.

If you are involved in an important decision in your organization and are looking for some assistance in developing alternative solutions to a problem and choosing the best solution, what might be helpful?

A study of 356 decisions in medium to large organizations found that half the decisions made in organizations fail.

A rule is an example of a program for making a decision.

One company strongly identified with the use of ________ is General Electric.

At the ________ stage of the rational decision-making model the assistance of others is often a particularly critical issue.

What three things are noteworthy about the definition of decision making?

Organizational Behaviour and Management

Personality and Learning

Perception, Attribution, and Diversity

Values, Attitudes, and Work Behaviour

Theories of Work Motivation

Motivation in Practice

Groups and Teamwork

Social Influence, Socialization, and Organizational Culture

Leadership

Communication

Power, Politics, and Ethics

Conflict and Stress

Organizational Structure

Organizational Change, Development, and Innovation

Filters

Exam 11: Decision Making

A program would most likely be used

Which of the following is a potential example of the risky shift?

What did Nobel Prize winner Herbert Simon recognize?

What is crowdsourcing and how can it aid decision making?

Tom excused his poor judgment in choosing the wording for the contract by saying that he was under medication for an ulcer at the time.This is an example of diffusion of responsibility.

What is bounded rationality and how can it influence alternative development, evaluation, and choice?

People in a good mood are more likely to violate the rational model.

The term "big data" refers to copious amounts of information that are often collected in real time and can come from a wide variety of sources, particularly ________.

Much of what passes for decision making in organizations consists of guessing what the ________ favours.

Rules, routines, and rules of thumb are programmed solution techniques.

Utima has a job interview and is spending the day preparing for it.She wants to make a good impression and is hoping the interviewer will make a positive decision.What would you advise her to do?

What two companies have profited greatly from applying sophisticated analytics to big data to facilitate decisions about targeted advertising?

The perfectly rational decision maker tends to satisfice.

A study of 356 decisions in medium to large organizations found that ________ of them failed.

If you are involved in an important decision in your organization and are looking for some assistance in developing alternative solutions to a problem and choosing the best solution, what might be helpful?

A study of 356 decisions in medium to large organizations found that half the decisions made in organizations fail.

A rule is an example of a program for making a decision.

One company strongly identified with the use of ________ is General Electric.

At the ________ stage of the rational decision-making model the assistance of others is often a particularly critical issue.

What three things are noteworthy about the definition of decision making?

Organizational Behaviour and Management

Personality and Learning

Perception, Attribution, and Diversity

Values, Attitudes, and Work Behaviour

Theories of Work Motivation

Motivation in Practice

Groups and Teamwork

Social Influence, Socialization, and Organizational Culture

Leadership

Communication

Power, Politics, and Ethics

Conflict and Stress

Organizational Structure

Organizational Change, Development, and Innovation

Filters