Exam 9: Decision-Making and Creativity

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Examples of programmed decisions include reordering inventory automatically when stock falls below a predetermined level and issuing a written reprimand to someone who violates a specific work rule.

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True

All of the following statements relating to escalating commitment are correct EXCEPT:

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D

Judgment,or the use of one's intellect,is important in all aspects of Decision-Making.

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Decision-Making is the process of choosing a course of action for dealing with a problem or opportunity.

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Acts of terrorism and IT failures are examples of which type of decision?

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A key element in Decision-Making under risk and uncertainty is __________.

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The behavioral decision maker is viewed as acting most often under uncertain conditions and with limited information.

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Describe the difference between programmed and Nonprogrammed decisions.Provide an example of each type of decision. Suggested

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All of the following are ways to avoid getting trapped in escalating commitments EXCEPT:

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The __________ is the tendency to seek confirmation for what is already thought to be true and to neglect opportunities to acknowledge or find disconfirming information.

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__________ is the process of choosing a course of action for dealing with a problem or opportunity.

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When a decision maker faces two or more ethically uncomfortable alternatives,it is referred to as a __________________.

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Certain environments exist when information is sufficient to predict the results of each alternative in advance of implementation.

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The process of choosing a course of action for dealing with a problem or opportunity is __________.

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Decision-Making choices usually have a moral dimension that might be overlooked.

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The availability heuristic involves assessing a current event based on past occurrences that are easily available in one's memory.

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Heuristics are simplifying strategies or "rules of thumb" used to make decisions.

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__________ decisions simply implement solutions that have already been determined by past experience as appropriate for the problem at hand.

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__________ decisions are specifically crafted or tailored to the situation at hand.

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Which of the following is Cavanagh's utility question for assessing ethics in Decision-Making?

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