Exam 10: Decision Making by Individuals and Groups

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The capability to become psychologically involved in participative activities is an individual prerequisite for participative decision making.

(True/False)
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Excessive optimism is one of the reasons for escalation of commitment.

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By using the Z problem-solving model, managers can focus only on their preferences and avoid their nonpreferences to make decisions effectively.

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Time orientation does not affect the frame of reference of a decision.

(True/False)
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Which of the following is true of programmed decisions?

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