Exam 6: Perception and Individual Decision Making

Bob is making a decision to buy a new printer.He is reflecting on his previous purchase of office equipment,and based on the savings made,he believes that decision was sound.This is an example of hindsight bias.

Which one of the following is NOT a factor that influences perception?

________ allows us to 'speed-read' others,but not without the risk of drawing an inaccurate picture.

Sarah is responsible for purchasing a new computer system for her department.Given the significant financial investment,Sarah has decided to use the rational decision-making model. The decision criteria have been identified.The next step is to:

Intuitive decision making is a conscious process created out of experience.

A solution that is the first acceptable choice encountered represents a choice that is:

Which of the following is a FALSE statement about performance evaluation?

Discuss three different criteria for ethical decision making.

Negative information exposed early in an interview tends to be more heavily weighted than if the same information were conveyed later.

Creativity helps decision makers more fully appraise and understand problems.

Attribution theory looks at the internal or external causes of behaviour.

________ make decisions in organisations.

When investors bragged about their investing expertise during the stock market rally between 1996 and early 2000,then blamed analysts,brokers and the Federal Reserve when the market imploded in 2000,they were guilty of:

Decision makers operate within the confines of ________.They construct simplified models that extract the essential features from problems without capturing all their complexity.

In attribution theory,distinctiveness refers to whether an individual displays different behaviours in different situations.

What one perceives can be substantially different from:

Susan is involved in making a very important decision for her university.The university is searching for a new vice chancellor and Susan is a member of the selection committee.She wants to make certain that all information is considered and the best candidate is chosen. Susan wants the committee to produce novel and useful ideas.Susan is trying to stimulate the ________ of the committee members.

When an individual looks at a target and attempts to interpret what he or she sees,that interpretation is heavily influenced by personal characteristics of the individual perceiver.

Idea evaluation is when possible solutions incubate in an individual's mind.

It is now recognised that rational analysis has been overemphasised and that,in certain instances,relying on intuition can improve decision making.