Podcast
Questions and Answers
What is a common problem associated with decision evaluation, as mentioned in the text?
What is a common problem associated with decision evaluation, as mentioned in the text?
- Confirmation bias (correct)
- Systematically evaluating alternatives
- Revisiting decisions later
- Scenario planning
What is a strategy mentioned to improve decision evaluation?
What is a strategy mentioned to improve decision evaluation?
- Revisit decisions later when emotions have changed
- Engage in divergent thinking during shopping trips
- Repeat or further invest in a bad decision
- Change the decision maker (correct)
What effect can lead to escalation of commitment in decision-making?
What effect can lead to escalation of commitment in decision-making?
- Self-justification effect (correct)
- Creating a stop-loss
- Changing the decision-maker's mindset
- Seeking factual and social feedback
How do employees at Bluedrop Training and Simulation foster creativity?
How do employees at Bluedrop Training and Simulation foster creativity?
What is one of the ways suggested to prevent escalation of commitment in decision-making?
What is one of the ways suggested to prevent escalation of commitment in decision-making?
Which factor can lead to underestimating the negative outcomes of a preferred choice?
Which factor can lead to underestimating the negative outcomes of a preferred choice?
What is the main characteristic of rational choice decision making?
What is the main characteristic of rational choice decision making?
Why do people sometimes not apply rational choice decision making?
Why do people sometimes not apply rational choice decision making?
In decision making, what is the role of employee involvement?
In decision making, what is the role of employee involvement?
What are the benefits of employee involvement in decision making?
What are the benefits of employee involvement in decision making?
What are the contingencies that affect the optimal level of employee involvement?
What are the contingencies that affect the optimal level of employee involvement?
Why is historical data not always sufficient for rational choice decision making?
Why is historical data not always sufficient for rational choice decision making?
In the context of decision structure, when is less employee involvement typically advisable?
In the context of decision structure, when is less employee involvement typically advisable?
What is a key factor that influences the level of decision commitment according to the text?
What is a key factor that influences the level of decision commitment according to the text?
When should there be more employee involvement in decision-making according to the text?
When should there be more employee involvement in decision-making according to the text?
What is a critical source of decision knowledge that influences the level of employee involvement?
What is a critical source of decision knowledge that influences the level of employee involvement?
How does decision structure impact the level of employee involvement?
How does decision structure impact the level of employee involvement?
What factor typically leads to lower employee involvement according to the text?
What factor typically leads to lower employee involvement according to the text?
