Decision-Making: Human vs Machine in Organizations
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Questions and Answers

What is one of the main purposes of using (Big) Data Analytics in organizations?

  • Reducing the complexity of decision-making processes
  • Providing objective validation for management decisions (correct)
  • Replacing the need for human decision-makers
  • Eliminating the need for formal education in managers

    • What additional skill is emphasized for modern management according to the text?

  • Computational knowledge (correct)
  • Advanced emotional intelligence
  • Historical decision-making patterns
  • Artificial intelligence programming

    • What are some typical aspects involved in decision-making according to the text?

  • Emotional intelligence and artistic skills
  • Historical memorization and storytelling
  • Physical strength and endurance
  • Critical thinking and logical thinking (correct)

    • What do reflective managers need to be aware of?

    <p>The complexity of decision-making</p> Signup and view all the answers

    What aspect of decision-making does data analytics provide insight into?

    <p>Objective validation</p> Signup and view all the answers

    What is emphasized as a key factor for managers in decision-making according to the text?

    <p>Contextual knowledge and diverse skills</p> Signup and view all the answers

    Why is it suggested to find data for a purpose in decision-driven data analytics?

    <p>To avoid focusing on the wrong question.</p> Signup and view all the answers

    What is a common consequence of anchoring on available data according to the text?

    <p>Accepting data uncritically.</p> Signup and view all the answers

    How do leaders sometimes misuse data according to the text?

    <p>By confirming their preexisting beliefs with data.</p> Signup and view all the answers

    What is a key characteristic of decision-driven data analytics?

    <p>Challenging preexisting beliefs consistently.</p> Signup and view all the answers

    Why is it important for leaders to shift to decision-driven data analytics?

    <p>To challenge preexisting beliefs and find data for a purpose.</p> Signup and view all the answers

    Why do many executives find their data analytics initiatives disappointing?

    <p>The available data often leads to focusing on the wrong questions.</p> Signup and view all the answers

    What is a common challenge faced by decision-makers when using data analytics?

    <p>Accepting data without questioning its accuracy.</p> Signup and view all the answers

    How do leaders sometimes misuse data according to the text?

    <p>By using data to confirm their preexisting beliefs.</p> Signup and view all the answers

    What is emphasized as a crucial step for shifting to decision-driven data analytics?

    <p>Finding purposes for the available data.</p> Signup and view all the answers

    What is a key takeaway from the text regarding decision-driven data analytics?

    <p>Decision-makers must ensure that data addresses the right questions.</p> Signup and view all the answers

    Why is it important for executives to question data critically?

    <p>To ensure that they are not influenced by preexisting beliefs.</p> Signup and view all the answers

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