Exam 12: Individual and Group Decision Making

The ________ focuses on how decision makers attempt to rationalize their choices after they are made.

Escalation of commitment can lead to positive consequences for organizations.

Groupthink can be prevented by appointing a member to serve as the ________,a person whose role is to challenge the majority position.

Which of the following assumption is made while pursing the rational model of decision making?

Which of the following represents the earliest attempt to model decision-making processes?

Standard operating procedures (SOP)are often used for nonprogrammed decisions.

Define escalation of commitment.How can its effects be minimized?

Which of the following is a decision-making strategy that uses questionnaires?

It is important to monitor and evaluate results in a decision-making process in order to ________.

During the implementation step of the classical model,managers ________.

List and explain strategies to improve the problem-solution process.

Which of the following statements is true about nonprogrammed decisions?

The ________ assumes that people usually settle for acceptable rather than maximum options because the decisions they confront typically demand greater information-processing capabilities than they possess.

In a group decision-making process,appointing a devil's advocate will prevent groupthink.

It is Christmas and Lora and her parents are shopping.Lora's attention is caught by a pair of Levi's jeans,which she immediately likes.Although there are several other brands available in the shelf and Levi's is comparatively expensive,Lora insists that Levi's jeans are better in quality and design.She manages to convince her parents that her choice is the best and buys the pair.This is an example of ________.

________ is a process of generating many creative solutions but not immediately evaluating their merit.

While ________ in the classical model,you need to determine which alternatives would produce minimally acceptable results,eliminate alternatives that are unlikely to achieve the minimally acceptable outcome,and examine the feasibility of the remaining alternatives.

Seth Craig,a senior manager in a financial consulting firm,is interviewing candidates for the position of accounting executive.He has short-listed three candidates-Kenneth,Nora,and Lance-for the final round of interview.Seth is well aware that Lance has had performance problems in his previous job,but still favors him for this position.Which of the following is most similar to this situation?

List the steps of the rational model.

List the decision-making process according to the bounded rationality model.