Exam 12: Decision Making
Which of the following statements is true?
D
The ODDI process model traces good group decision-making to
E
Give an example of each of these decisional "sins": commission,omission,imprecision.
Decision-making "sins" refer to common errors that individuals make when they are making decisions. These errors can lead to suboptimal outcomes and can be categorized into different types, such as sins of commission, omission, and imprecision. Here are examples of each:
1. Sin of Commission:
A sin of commission occurs when a decision is made that results in a negative outcome due to an action that was taken. This type of error is associated with doing something that one should not have done.
Example: A marketing manager decides to launch a new advertising campaign without properly researching the target audience. The campaign ends up being offensive to that audience, leading to a public relations disaster and a loss of sales. The manager's decision to go ahead with the campaign without adequate research is a sin of commission.
2. Sin of Omission:
A sin of omission happens when a decision leads to a negative outcome because of inaction or failure to do something that should have been done.
Example: A financial advisor fails to diversify a client's investment portfolio, sticking only to stocks without considering bonds or other asset classes. When the stock market experiences a downturn, the client's portfolio suffers significant losses. The advisor's failure to diversify, which would have potentially mitigated the losses, is a sin of omission.
3. Sin of Imprecision:
A sin of imprecision occurs when a decision is made with insufficient or vague information, leading to an outcome that is not optimal or is flawed due to the lack of clarity.
Example: A project manager estimates the time required to complete a project without conducting a detailed analysis of the tasks involved. The estimate turns out to be overly optimistic, causing the project to run over budget and miss deadlines. The manager's imprecise estimation is a sin of imprecision, as it led to poor planning and project management.
In each of these examples, the decision-maker could have avoided the negative outcome by taking a different approach: in the case of commission, by being more cautious and doing more research; in the case of omission, by being more proactive and thorough; and in the case of imprecision, by seeking out more accurate and detailed information before making a decision.
You arrange for the group to make the decision,although you provide the group with assistance if they ask.In Vroom's normative model you would be using a(n)___ decision-making method.
The weather forecaster on Channel 6 says that tomorrow with be hot.The forecaster on Channel 8 says that tomorrow will be hot and humid.Because of the ___,you think that Channel 8's forecast is more accurate.
When Bales used his Interaction Process Analysis (IPA)to study the content of group's discussions during decision making,he discovered that the most frequent type of behavior displayed by group members was
Changing decision-making techniques,limiting premature seeking of concurrence,and correcting misperceptions and biases are some of the ways to avoid groupthink.
Groups tend to make more cautious,conservative judgments than individuals.
Individuals,during group discussion,spend more of their time introducing new topics for discussion rather than reviewing items of information that are widely known by the group.
Marjorie Shaw,when comparing individual performance to group performance on difficult problems,found that
Polarization theory makes predictions opposite that of risky shift theory when
Which of the following errors was not identified by Kerr and colleagues?
According to Parkinson's law,groups spend too much time discussing important issues.
Studies of groups making decisions indicate that they spend too little time in the ___ stage of decision-making.
Individuals who mostly work on individual projects are the ones who are most dissatisfied with group meetings,in general.
A risky shift is said to occur when groups make riskier decisions than individuals do.
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