Exam 4: Foundations of Decision Making

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A manager is considering purchasing new computers for her department.The manager spends time assessing the computers her department now has.Which stage of the decision-making process is she going through?

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One well-accepted model states that individual creativity requires ________, or a commanding understanding of a subject matter.

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Intuitive decision making ________.

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Sondra needed help. Her insurance company's rapid growth was necessitating making some IT changes, but what changes? Should they modify the servers that they currently use or purchase an entirely new system? Sondra was confused and needed help in making the correct decision. -According to the decision-making process, the first step Sondra should take is to ________.

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Which of the following group techniques is relatively simple and is used exclusively to generate creative ideas in a group setting?

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Most managerial decisions include an element of risk.

(True/False)
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Which three conditions do decision makers face?

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A basketball coach who takes a very good shooter out of a game because she missed her last two shots has availability bias.

(True/False)
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Groups tend to be more efficient and less effective than individual decision making.

(True/False)
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Which of the following is NOT assumed in a rational decision?

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