Podcast
Questions and Answers
What is the primary difference between decision making and problem solving?
What is the primary difference between decision making and problem solving?
- Decision making involves generating ideas, while problem solving focuses on evaluating options
- Decision making and problem solving are essentially the same process
- Decision making involves choosing from alternatives, while problem solving requires finding the answer to a question (correct)
- Decision making requires finding the answer to a question, while problem solving involves choosing from alternatives
Which approach to decision making is focused on making choices that are consistent and value-maximizing within specified constraints?
Which approach to decision making is focused on making choices that are consistent and value-maximizing within specified constraints?
- Behavioral approach
- Creative approach
- Intuitive approach
- Rational approach (correct)
What are the primary behavioral aspects of decision making?
What are the primary behavioral aspects of decision making?
- Satisficing, anchoring, and framing
- Heuristics, brainstorming, and escalation of commitment
- Overconfidence, availability heuristic, and confirmation bias (correct)
- Cognitive biases, groupthink, and risk aversion
In organizations, what form of decision making involves multiple individuals working together to reach a conclusion?
In organizations, what form of decision making involves multiple individuals working together to reach a conclusion?
How does creativity relate to decision making and problem solving?
How does creativity relate to decision making and problem solving?
Which of the following is a characteristic of problem solving?
Which of the following is a characteristic of problem solving?
What type of decision recurs often enough to develop decision rules?
What type of decision recurs often enough to develop decision rules?
In which type of decision are the outcomes known with enough information to determine the probabilities of various outcomes?
In which type of decision are the outcomes known with enough information to determine the probabilities of various outcomes?
What type of decision recurs infrequently and involves unique situations?
What type of decision recurs infrequently and involves unique situations?
Which type of decision has insufficient information to estimate the probability of possible outcomes?
Which type of decision has insufficient information to estimate the probability of possible outcomes?
What type of decision involves outcomes that are known with enough information to determine the probabilities of various outcomes?
What type of decision involves outcomes that are known with enough information to determine the probabilities of various outcomes?
In which type of decision is judgment and creativity required due to new and unusual situations?
In which type of decision is judgment and creativity required due to new and unusual situations?
What type of decision recurs often enough to develop set procedures and decision rules?
What type of decision recurs often enough to develop set procedures and decision rules?
In which type of decision are the outcomes unclear, channels vague, and relatively long time for solution required?
In which type of decision are the outcomes unclear, channels vague, and relatively long time for solution required?
What type of decision involves well-structured, repetitive, and routine goals with readily available information?
What type of decision involves well-structured, repetitive, and routine goals with readily available information?
