Topic 6: Decision Making in Organizations

<p>It involves careful evaluation of alternatives. (A)</p> Signup and view all the answers

<p>They seek to improve performance when adversely affected. (B)</p> Signup and view all the answers

<p>To make hiring decisions when overtime increases significantly. (A)</p> Signup and view all the answers

<p>There are no clear guidelines to follow due to its unpredictability. (D)</p> Signup and view all the answers

<p>Intuition is quick and requires little effort. (D)</p> Signup and view all the answers

<p>To explore why expectations were not met (A), To validate the effectiveness of decision-making (C)</p> Signup and view all the answers

<p>Confirmation bias (C)</p> Signup and view all the answers

<p>Consensus can be harder to reach (C)</p> Signup and view all the answers

<p>Escalating commitment (A)</p> Signup and view all the answers

<p>Representativeness (D)</p> Signup and view all the answers

<p>Evaluating all possible alternatives and their consequences (B)</p> Signup and view all the answers

<p>They serve as rules of thumb that simplify decision-making. (D)</p> Signup and view all the answers

<p>The cognitive limitations that restrict information processing (D)</p> Signup and view all the answers

<p>Overestimating one's influence over events (A)</p> Signup and view all the answers

<p>Cognitive biases (A)</p> Signup and view all the answers

<p>Finding a satisfactory response to address a problem (B)</p> Signup and view all the answers

<p>They stem from consistent cognitive biases. (A)</p> Signup and view all the answers

<p>Outcomes cannot be known and probabilities of alternatives are unclear (D)</p> Signup and view all the answers

<p>Inability to gather complete information for decision-making (C)</p> Signup and view all the answers

<p>By identifying the decision most aligned with desired consequences (B)</p> Signup and view all the answers

<p>An external locus of control (C)</p> Signup and view all the answers

<p>Ambiguous information (B)</p> Signup and view all the answers

<p>Intrapreneurs (B)</p> Signup and view all the answers

<p>Product champion (B)</p> Signup and view all the answers

<p>To create a dedicated team for generating ideas without distraction (D)</p> Signup and view all the answers

<p>Failure to accurately assess relevant information (A)</p> Signup and view all the answers

<p>Individuals addressing social problems through creative solutions (C)</p> Signup and view all the answers

<p>To maximize the creative potential of individuals and groups (C)</p> Signup and view all the answers

<p>By linking rewards directly to the success of the products they develop (A)</p> Signup and view all the answers

<p>It can cause production blocking due to the unstructured nature (D)</p> Signup and view all the answers

<p>High self-esteem (C)</p> Signup and view all the answers

<p>They must have a high degree of education to succeed. (C)</p> Signup and view all the answers

<p>It involves writing down ideas independently before sharing (D)</p> Signup and view all the answers

<p>To gather opinions anonymously through written responses (A)</p> Signup and view all the answers

<p>Adaptability and creativity in thinking (C)</p> Signup and view all the answers

<p>The skill to generate original and feasible alternatives (A)</p> Signup and view all the answers

<p>It allows for varied opinions without face-to-face pressure (C)</p> Signup and view all the answers

The process by which managers address opportunities and threats by analyzing options and choosing specific organizational goals and actions.

Responses to situations that aim to improve organizational performance, benefiting customers, employees, and stakeholders.

Responses to events inside or outside the organization that negatively impact performance.

Automatic decision-making following established rules or guidelines for routine situations.

Unroutine decision-making in response to unusual, unpredictable opportunities or threats.

Decisions based on feelings, beliefs, and hunches that arise quickly without much effort or information gathering.

Decisions that require careful consideration, information gathering, analysis of options, and evaluation.

A decision made based on a gut feeling or hunch, often relying on experience and past knowledge.

Comparing actual results with expected outcomes to understand the effectiveness of a decision.

Investigating the reasons for any discrepancies between expected results and actual outcomes to identify areas for improvement.

Establishing guidelines based on the feedback analysis to enhance future decision-making.

Simplified rules or strategies that help streamline decision-making processes.

Recurring errors that lead to poor decision outcomes.

The tendency to stick to existing beliefs even when contradicting evidence emerges.

Overgeneralizing from limited information, leading to biased judgments.

The tendency to overestimate one's control over events and outcomes.

A decision-making approach that assumes decision-makers can analyze all options and their consequences, choosing the most rational choice.

The best possible decision based on the organization's goals and values.

A decision-making approach that explains the limitations and uncertainties in real-world decision-making.

Mental limitations that restrict our ability to fully process, utilize, and interpret information.

The state of not having all the needed information leading to uncertainty and risk in decision-making.

The likelihood of various potential outcomes happening from a specific action.

When probabilities of different outcomes can't be accurately determined.

Seeking a satisfactory solution instead of striving for the absolute best decision.

A pattern of faulty decision-making where group members prioritize agreement over accurate information leading to poor choices.

Seeking to enhance an employee's ability to comprehend and manage the organization's internal and external environment.

An organization actively encouraging creativity and learning by fostering a culture of innovation and critical thinking.

The capability to generate unique and original ideas that lead to viable solutions and actions.

A method where group members meet face-to-face to generate and discuss ideas and solutions.

A technique where group members individually write down ideas, share them, discuss, and rank alternatives.

A process where group members respond to questions in writing without meeting face-to-face, typically used for complex issues.

A form of brainstorming where a group member plays the role of arguing against the majority view, even if they agree, to challenge assumptions and assess risks.

Individuals who see opportunities and take the initiative to create new goods or services.

Individuals who address social problems with innovative solutions, contributing to societal well-being.

People who innovate within an organization to improve existing products or create new ones.

A trait that entrepreneurs often possess, meaning they are open to new ideas and willing to take calculated risks.

A belief that one is responsible for their own actions and outcomes.

A manager in a company who champions a new product, leading it from concept to market.

A team specifically created within a company to develop new products or ideas, free from the typical bureaucratic constraints.

Incentives offered to reward intrapreneurs for successful product development, encouraging risk-taking and innovation within organizations.