Effective Decision Making Strategies

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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?

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?

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?

Engaging in divergent thinking during shopping trips Signup and view all the answers

What is one of the ways suggested to prevent escalation of commitment in decision-making?

Creating a stop-loss Signup and view all the answers

Which factor can lead to underestimating the negative outcomes of a preferred choice?

Self-justification effect Signup and view all the answers

What is the main characteristic of rational choice decision making?

Using logic and all available information Signup and view all the answers

Why do people sometimes not apply rational choice decision making?

Reliance on emotions and intuition Signup and view all the answers

In decision making, what is the role of employee involvement?

It can be influenced by workplace conditions Signup and view all the answers

What are the benefits of employee involvement in decision making?

Better decision commitment Signup and view all the answers

What are the contingencies that affect the optimal level of employee involvement?

Employee characteristics, workplace conditions, specific activities, and decision structure Signup and view all the answers

Why is historical data not always sufficient for rational choice decision making?

It may not account for current contextual factors Signup and view all the answers

In the context of decision structure, when is less employee involvement typically advisable?

For programmed decisions Signup and view all the answers

What is a key factor that influences the level of decision commitment according to the text?

Employee involvement in decision-making Signup and view all the answers

When should there be more employee involvement in decision-making according to the text?

When employees can't agree on a preferred solution Signup and view all the answers

What is a critical source of decision knowledge that influences the level of employee involvement?

When employees have useful knowledge Signup and view all the answers

How does decision structure impact the level of employee involvement?

Higher involvement for programmed decisions Signup and view all the answers

What factor typically leads to lower employee involvement according to the text?

Conflict between employee goals and organizational goals Signup and view all the answers