Exam 7: Decision Making and Creativity

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Intuition is the main strategy to minimize escalation of commitment.

(True/False)
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Systematically evaluating alternatives through careful measurement and calculation tends to minimize:

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In decision making, creativity is used:

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Intuition allows us to draw on our tacit knowledge to guide our decision preferences.

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The higher the level of employee involvement, the more influence people have over the decision process.

(True/False)
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Creative ideas can emerge when asking people unfamiliar with the problem to explore the problem with you.

(True/False)
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Escalation of commitment is more likely to occur when the perceived costs of terminating the project are high or unknown.

(True/False)
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People are the most creative when management puts intense pressure on them to produce creative ideas.

(True/False)
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Scenario planning is a structured process that helps decision makers explore potential problems and choose the best solutions under different future conditions.

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Insight and verification are:

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Creativity tends to suffer during times of downsizing and corporate restructuring.

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According to Bounded Rationality Theory, people make better decisions when their perceptions are "bounded" or framed by past experience.

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Escalation of commitment is more likely to occur when:

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

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Creative people value self-direction, but also have a strong need to follow rules.

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A decision maker's need to 'save face' tends to:

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Which of these is also referred to as participative management?

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Which of these represent the final step in the rational choice decision making process?

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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.

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Employee involvement potentially improves decision-making quality and commitment.

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