Multiple Choice
Which of the following is an effective way of managing decisions in order to avoid escalation of commitment?
A) Don't split the responsibility for decisions about projects.
B) Don't reward people who admit to poor decisions.
C) Don't allow graceful exits from poor decisions.
D) Have groups rather than individuals make initial investment decisions.
Correct Answer:
Verified
Correct Answer:
Verified
Q79: Match the following:<br>-Intuiting/Thinking<br>A)A person's preference for gathering
Q80: The rational model of decision making assumes:<br>A)preferences
Q81: An organization could increase creativity by doing
Q82: Research suggests that individuals may be more
Q83: Match the following:<br>-Delphi Technique<br>A)The greater outcome and
Q85: The model of bounded rationality was first
Q86: A deterioration of mental efficiency, reality testing,
Q87: Match the following:<br>-Heuristics<br>A)A simple decision rule.<br>B)An inclination
Q88: Match the following:<br>-Cognitive Style<br>A)A person's preference for
Q89: Match the following:<br>-Programmed Decision<br>A)A relatively simple problem