Exam 13: Information and Decision-Making

The anchoring and adjustment heuristic occurs when people use information "readily available" from memory as a basis for assessing a current situation or event.

Examining the __________ a proposed decision may result in both better decisions and the prevention of costly litigation.

A programmed decision is made when students are placed on academic probation for not maintaining a minimum grade point average.

All of the following are cognitive styles in decision making except:

Two of the most important situational creativity drivers are management support and organizational culture.

_________occurs when focusing only on information that confirms a decision already made.