CH 8 141 Quiz: a simple answer key to the chapter since yall mfs was too lazy. sacrificing myself to give yall the answers on sum jesus sh*t.
Which term refers to people tending to seek out information that supports their preconceived beliefs and ignoring any information that undermines those beliefs?
Confirmation bias
The _____ orientation is characterized by the desire to preserve the status quo as much as possible.
hoarding
the basic element of decision making that focuses on deciding the best course of action among potential solutions is called ________.
the choice of alternatives
Which of the following is a key disadvantage of group decision making?
Group decisions can be of lowerquality because of group think
How is the Delphi technique different than the nominal group technique or the brainstorming technique?
Groups do not meet face to face
Which of the following terms describes the negative effect of having too many alternatives?
Paradox of choice
Wallace is a decision maker at an organization and is unsure of what will be the outcome of an alternative in a simple decision situation. What decision-making tool would be most helpful for Wallace considering his predicament?
Probability theory
Which of the following refers to the steps a decision maker takes to arrive at a decision?
Rational decision-making process
Which term refers to situations in which statistical probabilities can be assigned to possible results?
Risk
The proportion of the total management system that will be affected by a decision is known as ________.
The scope of the decision
Kasey is attempting to make a decision and she wants to avoid the paradox of choice. She has a list of alternatives, but it is very long. So, she makes a smaller list of the most desirable alternatives from which to choose. She is using a(n) _____ strategy.
....
Which of the following is used to evaluate decisions that are complicated or involve a series of steps?
A decision tree
Which of the following is NOT a major limitation on the number of problem-solving alternatives available?
Brainstorming factors
Which of the following refers to situations where the likelihood of an outcome is not known in advance?
Uncertainty
Which of the following would be considered a nonprogrammed type of decision?
Whether the organization should expand its market to Africa
The rational decision-making process model is based on three primary assumptions. Which of the following is one of those assumptions?
Decision makers will work to maximize satisfactions or return
Which of the following is unique to the nominal group technique compared to the other discussed group decision processes?
Each member writes down ideas on the issue being discussed.
Jackie is looking to make a decision on which new product her company should put to market next from a group of alternatives. She begins by removing the least desirable alternatives from the set. What technique for considering alternatives is Jackie using?
Exclusion
What is the first step in the rational decision-making process model?
Identifying an existing problem
The departure from rational theory that can result in less than optimal decisions is known as ________.
bias
The group decision-making process in which negative feedback is banned until all members have presented an alternative is known as ______.
brainstorming
Decision makers who are willing to steal ideas as necessary to make good decisions have a(n) ________ orientation to the decision-making process.
exploitative
Billy has an inborn ability to synthesize information quickly and effectively. His friends say he has a strong sense of _____.
intuition
Audrey tends to believe that her forecasts are better than they really are. This illustrates a decision-making bias known as ________.
overconfidence