Question 1

Why does escalation of commitment occur

Accepted Answer

Decision makers may not want to admit that they were wrong. Secondly, decision makers may incorrectly believe that spending more time and energy might somehow help them recover their losses.

Question 2

Research suggests that the simple exercise of imagining what could go wrong with a given decision can increase your ability to correctly identify reasons for future successes or failures by ___________.

Accepted Answer

30%:

Question 3

_________?????____ refers to a decision-making rule where each member of the group is given a single vote and the option which receives the greatest number of votes is selected.

Accepted Answer

Majority rule

Question 4

Research shows that for top management teams, groups that debate issues and which are diverse make decisions that are more comprehensive and better for the bottom line in terms of profitability and sales.

Accepted Answer

A) True 
 B)False

Question 5

_______________ was developed to help with group decision making by ensuring that all members participate fully.

Accepted Answer

Nominal Gr

Question 6

_______________ occurs when looking backward in time where mistakes made seem obvious after they have already occurred.

Accepted Answer

The answer of _______________ occurs when looking backward in time...

Question 7

A recent alternative to brainstorming is _____________.

Accepted Answer

The answer of A recent alternative to brainstorming is _____________....

Question 8

Some recommendations for avoiding groupthink include the following EXCEPT:

Accepted Answer

A)  Discuss the symptoms of groupthink and how to avoid them 
B)  Assign a rotating devil's advocate 
C)  Encourage a culture of difference where different ideas are valued 
D)  Break up the team 
A)  Discuss the symptoms of groupthink and how to avoid them 
B)  Assign a rotating devil's advocate 
C)  Encourage a culture of difference where different ideas are valued 
D)  Break up the team

Question 9

People often use the rational decision making model when:

Accepted Answer

A)  Information on alternatives can be gathered and quantified 
B)  The minimum criteria are clear 
C)  Goals are unclear 
D)  Solutions to the problem are not clear 
A)  Information on alternatives can be gathered and quantified 
B)  The minimum criteria are clear 
C)  Goals are unclear 
D)  Solutions to the problem are not clear

Question 10

The Delphi technique refers to a decision-making rule where each member of the group is given a single vote and the option which receives the greatest number of votes is selected.

Accepted Answer

A) True 
 B)False

Question 11

In the rational decision-making model, individuals knowingly limit their options to a manageable set and choose the best alternative without conducting an exhaustive search for alternatives.

Accepted Answer

A) True 
 B)False

Question 12

Describe the three decisions commonly made within organizations.

Accepted Answer

Strategic decisions set the course of th

Question 13

A group process using written responses to a series of questionnaires instead of physically bringing individuals together to make a decision is called _____________.

Accepted Answer

The answer of A group process using written responses to...

Question 14

Tools and techniques for making better decisions include which of the following?

Accepted Answer

A)  Brainstorming 
B)  Collaboration 
C)  Delphi technique 
D)  Minority rule 
A)  Brainstorming 
B)  Collaboration 
C)  Delphi technique 
D)  Minority rule

Question 15

Creativity and innovation are the same thing.

Accepted Answer

A) True 
 B)False

Question 16

The model that refers to arriving at decisions without conscious reasoning is called ___________________.

Accepted Answer

intuitive

Question 17

It can be argued that management is decision making and all of the decisions made by managers within organizations succeed.

Accepted Answer

A) True 
 B)False

Question 18

______________ refers to the tendency of individuals to rely too heavily on arbitrary numbers, irrelevant traits, or facts when making decisions.

Accepted Answer

Anchoring

Question 19

A ________________ is a way to imagine what might go wrong and avoid it before spending a cent or having to change course along the way.

Accepted Answer

The answer of A ________________ is a way to imagine...

Question 20

________________ is a group process of generated ideas that follows a set of guidelines which include no criticism of ideas, and building on other ideas.

Accepted Answer

The answer of ________________ is a group process of generated...

Why does escalation of commitment occur

Research suggests that the simple exercise of imagining what could go wrong with a given decision can increase your ability to correctly identify reasons for future successes or failures by ___________.

_____????? refers to a decision-making rule where each member of the group is given a single vote and the option which receives the greatest number of votes is selected.

Research shows that for top management teams, groups that debate issues and which are diverse make decisions that are more comprehensive and better for the bottom line in terms of profitability and sales.

_______________ was developed to help with group decision making by ensuring that all members participate fully.

_______________ occurs when looking backward in time where mistakes made seem obvious after they have already occurred.

A recent alternative to brainstorming is _____________.

Some recommendations for avoiding groupthink include the following EXCEPT:

People often use the rational decision making model when:

The Delphi technique refers to a decision-making rule where each member of the group is given a single vote and the option which receives the greatest number of votes is selected.

In the rational decision-making model, individuals knowingly limit their options to a manageable set and choose the best alternative without conducting an exhaustive search for alternatives.

Describe the three decisions commonly made within organizations.

A group process using written responses to a series of questionnaires instead of physically bringing individuals together to make a decision is called _____________.

Tools and techniques for making better decisions include which of the following?

Creativity and innovation are the same thing.

The model that refers to arriving at decisions without conscious reasoning is called ___________________.

It can be argued that management is decision making and all of the decisions made by managers within organizations succeed.

______________ refers to the tendency of individuals to rely too heavily on arbitrary numbers, irrelevant traits, or facts when making decisions.

A ________________ is a way to imagine what might go wrong and avoid it before spending a cent or having to change course along the way.

________________ is a group process of generated ideas that follows a set of guidelines which include no criticism of ideas, and building on other ideas.

Introduction to Principles of Management

History, Trends, Globalization, and Ethics

Personality, Attitudes, and Work Behaviors

Developing Mission, Vision, and Values

Strategic Management

Goals and Objectives

Organizational Structure and Change

Organizational Culture

Leading People and Organizations

Communication in Organizations

Managing Groups and Teams

Motivating Employees

The Essentials of Control

Strategic Human Resource Management

Filters

Exam 10: Decision Making

Why does escalation of commitment occur

Research suggests that the simple exercise of imagining what could go wrong with a given decision can increase your ability to correctly identify reasons for future successes or failures by ___________.

_________?????____ refers to a decision-making rule where each member of the group is given a single vote and the option which receives the greatest number of votes is selected.

Research shows that for top management teams, groups that debate issues and which are diverse make decisions that are more comprehensive and better for the bottom line in terms of profitability and sales.

_______________ was developed to help with group decision making by ensuring that all members participate fully.

_______________ occurs when looking backward in time where mistakes made seem obvious after they have already occurred.

A recent alternative to brainstorming is _____________.

Some recommendations for avoiding groupthink include the following EXCEPT:

People often use the rational decision making model when:

The Delphi technique refers to a decision-making rule where each member of the group is given a single vote and the option which receives the greatest number of votes is selected.

In the rational decision-making model, individuals knowingly limit their options to a manageable set and choose the best alternative without conducting an exhaustive search for alternatives.

Describe the three decisions commonly made within organizations.

A group process using written responses to a series of questionnaires instead of physically bringing individuals together to make a decision is called _____________.

Tools and techniques for making better decisions include which of the following?

Creativity and innovation are the same thing.

The model that refers to arriving at decisions without conscious reasoning is called ___________________.

It can be argued that management is decision making and all of the decisions made by managers within organizations succeed.

______________ refers to the tendency of individuals to rely too heavily on arbitrary numbers, irrelevant traits, or facts when making decisions.

A ________________ is a way to imagine what might go wrong and avoid it before spending a cent or having to change course along the way.

________________ is a group process of generated ideas that follows a set of guidelines which include no criticism of ideas, and building on other ideas.

Introduction to Principles of Management

History, Trends, Globalization, and Ethics

Personality, Attitudes, and Work Behaviors

Developing Mission, Vision, and Values

Strategic Management

Goals and Objectives

Organizational Structure and Change

Organizational Culture

Leading People and Organizations

Communication in Organizations

Managing Groups and Teams

Motivating Employees

The Essentials of Control

Strategic Human Resource Management

Filters

_____????? refers to a decision-making rule where each member of the group is given a single vote and the option which receives the greatest number of votes is selected.