Exam 7: Decision Making and Creativity

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Which of the following decision-making activities tends to make the most use of tacit knowledge?

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Escalation of commitment occurs when employees increase their support for a decision because most of their colleagues also support that decision.

(True/False)
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Escalation of commitment can be minimized by ensuring that:

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One of the reasons people use satisficing rather than maximization when making decisions is that they lack the capacity and motivation to process the huge volume of information required to identify the best choice.

(True/False)
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Decision makers typically look at alternatives sequentially and compare each alternative with an implicit favorite.

(True/False)
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What is intuition? What are its major implications in decision making?

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Selene and Rita Selene and Rita are both engineers at a highly innovative technology company.They are both very creative people.Selene has 15 years of engineering background, a high need for achievement and strong task motivation, whereas Rita prides herself on her high openness to experience, strong self-direction and her ability to evaluate the potential usefulness of ideas.According to the characteristics of creative people, which areas are Selene's strongest?

(Multiple Choice)
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Which of the following statements is true about scenario planning?

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Which of the following is assisted by incubation in the creative process?

(Multiple Choice)
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A low level of employee involvement occurs when employees are individual asked for specific information but the problem is not described to them.

(True/False)
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Which of these is also referred to as participative management?

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

(True/False)
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Which of the following refers to calculating the conventionally accepted "right answer" to a logical problem?

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An organization asks its employees to reframe the problems in a unique way and generate different approaches to the problems.Which of the following stages in the creative process would assist this?

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The rational decision making model begins with:

(Multiple Choice)
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What effect do mental models have on the decision-making process?

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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.Identify and describe three types of activities that encourage creativity including a specific example of things that might be done in each activity.

(Essay)
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Morphological analysis is a test used to identify people with a creative personality.

(True/False)
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The emerging emotional view of decision making states that people form preferences toward alternatives as soon as they receive information about those alternatives.

(True/False)
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A potentially useful creative practice is to list different dimensions of a system and the elements of each dimension, then think through the potential commercial usefulness of each combination.

(True/False)
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