12 Questions
What is the primary goal of decision-making?
To resolve problems or make choices
Which decision-making model assumes that people are motivated by economic incentives?
Rational model
What is the first step in the decision-making process?
Identify the need for a decision
Which decision-making model is characterized by a highly personalized and subjective process?
Heuristic model
What is the primary limitation of the incremental model?
Rationality has a marginal effect
What is the final step in the decision-making process?
Implement the chosen alternative
What is a characteristic of a synoptic decision maker?
They have a firm grasp of available alternatives and make the best choices.
What is cognitive nearsightedness in decision-making?
Making decisions that satisfy immediate needs but neglecting long-term consequences.
Which quality of a good decision maker involves taking personal responsibility for ensuring decisions are made?
Catalytic
What is the primary goal of decision-making?
To use information to resolve problems or make choices
What is a common error in decision-making where individuals assume that the future will be similar to the past?
Assumption that the future will repeat the past
What is a characteristic of a skill-directed decision maker?
They have a try and see attitude
Test your knowledge on decision-making models and theories, including the rational model, and how they are used to solve problems and make choices. Learn about the different approaches to decision-making and how they are applied in various situations.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free