Exam 7: Decision Making and Creativity

One of the reasons people use satisficing rather than maximization when making decisions is that it takes more information processing capacity than people possess or are willing to use to choose the best alternative.

Subjective expected utility refers to how much the selected alternative benefits or satisfies the decision maker.

One reason why the problem identification stage is imperfect is that various stakeholders try to frame the decision maker's view of the situation.

The prospect theory effect motivates us to avoid losses.

A higher level of employee involvement is preferable when:

The decision-making process is more effective when problems are defined in terms of their solutions.

Prospect theory and closing costs are two reasons why people:

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

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

In the creative process,which of the following refers to the experience of suddenly becoming aware of a unique idea?

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.

Cross-pollination is recommended to encourage creativity in organizations.

The tendency to define problems in terms of a preferred solution occurs because:

Decision makers tend to rely on their implicit favorite when they:

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

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

During a meeting,senior executives of a consumer products company were addressing the problem of being late in detecting several consumer trends,such as the trend toward using see-through plastics in kitchenware.While trying to determine the source of this problem,one executive said: "The main problem here is that we need to find a better industrial design firm to design our products." Which of the following best describes the decision-making problem that this executive is exhibiting?

Task significance and autonomy are important conditions for creativity in organizations.

Describe the four stages of the creative process.

Escalation of commitment can be minimized by ensuring that: