Exam 7: Decision Making and Creativity

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Decision makers tend not to evaluate various alternatives when they find an opportunity.

(True/False)
4.8/5
(37)

Which of these statements about information processing in decision making is FALSE?

(Multiple Choice)
4.7/5
(35)

When in a positive mood, people pay more attention to details and follow a nonprogrammed decision routine.

(True/False)
4.7/5
(35)

An executive was trying to think of ways to increase sales of ballpoint pens among young people. While walking down a street with lots of neon signs, the executive got the idea that young people would want to buy pens with ink in bright neon colours and with pen containers that glow in the dark. This situation is an example of:

(Multiple Choice)
4.8/5
(40)

The rational choice model of decision making begins with:

(Multiple Choice)
4.8/5
(34)

Perceptual defence causes us to:

(Multiple Choice)
4.8/5
(39)

Millions of dollars were wasted on the development of a new machine-made potato chip, at Fancy Chips Ltd. As a result, the Board of Directors of the food-processing firm fired the CEO who had proposed and championed the product's development. The new CEO's first task is to find out why this monumental waste of money had occurred and how it can be prevented in the future. Provide three possible explanations why this escalation of commitment occurred at Fancy Chips Ltd.

(Essay)
4.8/5
(41)

Creative ideas can emerge when asking people unfamiliar with the problem to explore the problem with you.

(True/False)
4.8/5
(31)

One way to improve problem identification is for leaders to create a norm of "divine discontent," in which they are never satisfied with the status quo, and this aversion to complacency creates a mindset that more actively searches for problems and opportunities.

(True/False)
4.7/5
(36)

Post-decisional justification causes decision makers to forget what decision they made.

(True/False)
4.8/5
(37)

Creative Finance Ltd wants to introduce practices that would enhance creativity among employees in solving some of the financial institution's ongoing work process problems. Describe three types of activities that encourage creativity, including a specific example of what might be done in each practice.

(Essay)
4.9/5
(37)

Which of the following is a potential problem when evaluating and choosing alternatives in decision making?

(Multiple Choice)
5.0/5
(38)

The rational choice paradigm is inherently logical, as such it an always be applied in realistic situations.

(True/False)
4.9/5
(41)

Describe the four stages of the creative process.

(Essay)
5.0/5
(40)

You have just been assigned the task of developing an innovative new product, using people from engineering, marketing, purchasing, and one or two other departments in the organization. To help the group to be as creative as possible, you would:

(Multiple Choice)
5.0/5
(33)

The tendency for people to dislike losing a particular amount more than they like gaining the same amount is called:

(Multiple Choice)
5.0/5
(36)

Insight and verification are

(Multiple Choice)
4.8/5
(38)

Decision makers have a need to reduce uncertainty, so they tend to focus on solutions before fully understanding the problem.

(True/False)
4.9/5
(46)

Describe three ways to minimize escalation of commitment and confirmation bias.

(Essay)
4.8/5
(43)

The rational choice model of decision making is impossible to apply in reality because:

(Multiple Choice)
4.7/5
(40)
Showing 101 - 120 of 184
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)