Exam 10: Decision Making by Individuals and Groups

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

GM CEO Rick Wagoner stuck to a cost cutting strategy that streamlined GM's operations and focused on SUVs and trucks during a time when other automakers saw promise in the green movement. This behavior best reflects:

(Multiple Choice)
4.9/5
(39)

The final step in the decision-making process is:

(Multiple Choice)
4.8/5
(34)

An important element of the bounded rationality model is .

(Multiple Choice)
4.7/5
(33)

Research suggests that individuals may be more prone to escalation of commitment than groups.

(True/False)
4.8/5
(35)

Illusions of unanimity is considered to be a symptom of groupthink.

(True/False)
4.9/5
(34)

51. As a project group leader, you have recognized the benefits of conflict and some disagreement among project members in solving difficult problems. Accordingly, you are most likely to use technique.

(Multiple Choice)
4.9/5
(22)

Which of the following is NOT one of the explanations for the escalation of commitment?

(Multiple Choice)
4.8/5
(34)

It is rightly assumed that creativity is a thing you either have or you do not.

(True/False)
4.8/5
(36)

When GM continued with a cost cutting strategy that streamlined their operations and focused on SUVs and trucks while losing 82 billion dollars they most likely reflected:

(Multiple Choice)
4.9/5
(41)

Under the bounded rationality model of problem solving and decision making:

(Multiple Choice)
4.8/5
(32)

The research conducted by Henry Mintzberg regarding intuition and managerial roles suggests that:

(Multiple Choice)
4.8/5
(35)

Match the following: -Effective decision

(Multiple Choice)
4.9/5
(34)

Describe the bounded rationality model of decision making.

(Essay)
4.8/5
(25)

Match the following: -Brainstorming

(Multiple Choice)
4.8/5
(26)

Satisficing means selecting the first alternative that is "good enough," because the costs in time and effort are too great to optimize.

(True/False)
4.8/5
(25)

Match the following: -Intuition

(Multiple Choice)
4.9/5
(26)

Match the following: -Rationality

(Multiple Choice)
4.8/5
(35)

Evidence suggests that group brainstorming is less effective than a comparable number of individuals working alone.

(True/False)
4.8/5
(34)

Match the following: -Risk aversion

(Multiple Choice)
4.8/5
(33)

Research has shown that individuals can be trained to be more creative.

(True/False)
4.9/5
(39)
Showing 61 - 80 of 106
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)