Exam 9: Decision Making and Creativity

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The central premise of the decision-making model developed by Vroom, Yetton, and Jago is that __________.

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E

A moral problem is defined as a situation in which a decision-maker faces two or more ethically uncomfortable alternatives.

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

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When a crisis occurs, managers should disregard skeptics as these people foster disagreement and lack of commitment.

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What Decision-Making concept is reflected in the popular adage, "If at first you don't succeed, try, try again?"

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Switching members among teams to gain insights from diverse backgrounds and experiences is known as associative play.

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An example of the application of the __________ is the executive who makes salary increase recommendations for key personnel by simply adjusting their current base salaries by a percentage amount.

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When dealing with risk environments, probabilities are assigned through objective statistical procedures rather than intuition.

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__________ is the ability to know or recognize quickly and readily the possibilities of a given situation.

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An example of the application of the __________ is the team leader who selects a new member not because of any special qualities of the person, but only because the individual comes from a department known to have produced high performers in the past.

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Programmed decisions 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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Threats to a brand or the firm's reputation are referred to as reputation risks.

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Which of the following accepts the notion of bounded rationality and assumes that decision makers act only in terms of what they perceive about a given situation?

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Optimizing refers to the idea that, while individuals reason well and are logical, they have their limits with respect to interpreting and making sense of things within the context of their personal situations.

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Acts of terrorism and workplace violence are examples of nonprogrammed decisions.

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The __________ is a tendency for the decision maker to overestimate the degree to which he or she could have predicted an event that has already taken place.

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What are simplifying strategies or "rules of thumb" used to make decisions?

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All of the following statements about uncertain environments are correct EXCEPT:

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The most extreme type of programmed decision is the crisis decision.

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