Multiple Choice
__________ occurs when a manager puts too much value on evidence that is confident with a favored belief or viewpoint and discounts evidence that contradicts it.
A) The sunk cost effect
B) Evidence-based decision making
C) Escalating commitment
D) Anchoring bias
E) Confirmation bias
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Administrative and political decision-making procedures and intuition
Q3: When managers base decisions on what has
Q4: Intuition represents a quick apprehension of a
Q5: The behavioral style is the decision style
Q6: There is a greater possibility of failure
Q7: The administrative model of decision making describes
Q8: _ are differences among people with respect
Q9: Managers make decisions from available alternatives; however,
Q10: According to the administrative model of decision
Q11: Numerous studies have found that effective managers