Exam 3: Creative Problem Solving and Decision Making

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__________ occurs when group members withhold different views to appear as though they are in agreement.

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With programmed decision making,the alternative is usually predetermined.

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Discounted cash flow is a technique that is used in:

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Why is it necessary to determine the decision structure and decision-making conditions?

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Have you or someone you know experienced escalation of commitment? If so,explain.

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There are seven steps in the decision-making model.

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Nominal grouping usually involves __________ steps.

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Consensus mapping is the process of:

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One way to __________ without evaluation is to use brainstorming.

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The first step in the decision-making model is to:

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Upper-level managers tend to make more nonprogrammed decisions than lower-level managers do.

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Potential disadvantages of group decision making include all of the following EXCEPT:

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Explain the relationship among objectives,problem solving,and decision making.

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When is the cost-benefit analysis commonly used?

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Describe a situation in which a job objective was not met.Identify the problem created and the decision made in regard to this problem.

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Creativity is defined as:

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List the six steps in the decision-making model.

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Pin Co.determined that based upon their costs,they will have to sell 2,000,000 pins before they make any profit.Which of the following quantitative methods is Pin Co.using?

(Multiple Choice)
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Have you ever used any of the techniques for analyzing and selecting an alternative? If so,which one(s)?

(Short Answer)
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Is a decrease in sales and/or profits a symptom or a cause of a problem?

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