Exam 10: Decision Making by Individuals and Groups

Managers seldom use their intuition to make decisions.

In the context of decision making, which of the following is true of Z problem-solving model?

Which of the following techniques can be used to develop the right half of the brain?

Alex, the CEO of WizzWare Inc., is in charge of making the decision about merging WizzWare Inc. with another company. This decision is a _____.

Which of the following is true of heuristics?

As an economy becomes increasingly based on knowledge work, participative decision making decreases.

Two supermarkets getting involved in a price war and continuing it despite incurring heavy losses is an example of _____.

The bounded rationality model assumes that managers:

Explain some of the social decision schemes that can predict group decisions.

In the context of the decision-making process, after a solution is implemented, the next step is to:

Styles of decision making remain uniform among cultures.

In the creative process, illumination involves determining if a solution or idea is valid.

_____ are simple rules used to determine final group decisions.

One of the reasons that escalation of commitment occurs is the:

Discuss all the steps involved in the decision-making process.

Which of the following is an individual prerequisite for participative decision making?

One social decision scheme is the _____, in which a group supports whatever position is taken by most of its members.

The left half of the brain is the center for _____.

Cognitive style is defined as an individual's:

The bounded rationality model assumes that managers _____ because the costs of optimizing in terms of time and effort are too great.