Chapter 15: Decision Making & Creativity

What is meant by satisfice in decision-making?

Which of the following is NOT a component of the Model of Intuition mentioned in the text?

Why is intuition considered useful in decision-making?

What role does experience play in intuitive-based decision making?

Which internal/organizational resource is NOT mentioned in the text as influencing decision-making?

What characterizes judgmental heuristics in decision-making processes?

Which system of thinking involves mental shortcuts and can be thought of as nonrational decision-making?

What is a key characteristic of the System 2 way of thinking?

In rational decision-making, what does the Four-Stage Model help managers to do?

What does rationality assume about managers?

Which type of decision-making is described as slow, logical, and requiring cognitive effort?

What is a characteristic of nonrational decision-making as mentioned in the text?

Which bias involves making decisions based on the readily available information?

Which bias occurs when individuals look for information that confirms their stereotypes?

In the context of decision-making styles, which style is characterized by focusing on people or social aspects and adopting a long-term view?

What is the key characteristic of groupthink?

Which bias occurs when individuals continue to invest in a failing course of action due to resources already committed?

What is a common characteristic of the analytical decision-making style?

What is the main focus during the stage of generating alternative solutions?

What aspect should decision-makers consider during the evaluation of alternatives?

What is contrary to fact when it comes to decision-making processes?

What model by Herbert Simon acknowledges that decision-making is uncertain and with incomplete information?

In the context of decision-making, what does 'bounded rationality' refer to?

During the implementation and evaluation stage, who evaluates how effectively the solution solves the problem?

What is the role of a 'devil's advocate' in preventing Groupthink?

Which symptom of Groupthink involves an illusion that leads to excessive optimism and risk-taking?

What technique involves assigning each group member the role of critical evaluator or dissenter?

Which technique for preventing Groupthink involves encouraging everyone to rethink their position after a consensus is reached?

Which symptom of Groupthink involves self-appointed protectors against adverse information?

What technique for preventing Groupthink involves bringing in outside experts to introduce fresh perspectives?

Confirmation bias refers to basing decisions on readily available information.

Overconfidence bias leads to underestimating our skills and predictions.

Availability bias involves looking for information that challenges our stereotypes.

Escalation of commitment bias refers to easily reversing ineffective courses of action.

Behavioral decision-making style is characterized by being least people-oriented.

Groupthink occurs when members prioritize reality testing over striving for unanimity.

Rational decision-making assumes managers are completely subjective and possess incomplete information.

The System 1 way of thinking involves slow, logical, and requires cognitive effort.

The Four-Stage Model of decision-making involves stages like identifying the problem, evaluating alternatives, implementing the solution, and evaluating the effectiveness of the solution.

In decision-making, intuition is always considered a reliable and foolproof approach that leads to optimal outcomes.

Group decision-making always leads to better outcomes compared to individual decision-making.

Creativity plays a minimal role in decision-making processes according to the text.

Intuition in decision-making always involves explicit evaluation of the validity of cues.

Automated experience in the model of intuition is solely based on subconscious information.

Holistic hunch in the model of intuition is exclusively based on conscious information processing.

Expertise in intuitive-based decision making only involves explicit knowledge.

Judgmental heuristics are used in decision-making to complicate the process.

Satisfice implies evaluating all solutions to make the best decision.

Bounded rationality suggests that decision-makers are not limited by constraints when making decisions.

In the context of decision-making, normative approach implies that the decision made should be perfect and ideal.

The Four-Stage Model helps managers implement and evaluate solutions effectively.

Rationality assumes that human decision-making processes are perfectly rational in complex situations.

Nonrational decision-making is characterized by having complete information and making optimal decisions effortlessly.

In the context of decision-making, intuition is always considered unreliable and unnecessary.

Symptoms of Groupthink include inherent morality which encourages the group to consider ethical implications.

In Groupthink, rationalization helps challenge assumptions and bring different perspectives to the table.

Groupthink involves promoting diverse viewpoints and avoiding self-censorship.

One technique for preventing Groupthink is to assign each group member the role of critical evaluator or dissenter.

Groupthink encourages subgroup debates and bringing in outside experts to introduce fresh perspectives.

Mindguards in Groupthink act as self-appointed protectors against adverse information.

Match the following decision-making models with their characteristics:

Match the following decision-making biases with their descriptions:

Match the following decision-making styles with their characteristics:

Match the following decision-making stages with their descriptions:

Match the following Groupthink prevention techniques with their descriptions:

Match the following decision-making concepts with their descriptions:

Match the decision-making stage with its description:

Match the characteristics with the decision-making concepts:

Match the biases with their descriptions:

Match the groupthink symptoms with their descriptions:

Match the styles of decision-making with their characteristics:

Match the rationality assumptions with their correct statements:

Match the following decision-making concepts with their descriptions:

Match the following stages of the Four-Stage Model of decision-making with their descriptions:

Match the following types of biases with their descriptions:

Match the following components of Intuitive-Based Nonrational Decision Making with their descriptions:

Match the following symptoms of Groupthink with their descriptions:

Match the following internal/organizational resources with their influences on decision-making:

Match the bias with its description:

Match the decision-making style with its characteristics:

Match the symptom of Groupthink with its description:

Match the decision-making bias with its action:

Match the stage of decision-making with its description:

Match the characteristic of intuition with its role in decision-making:

Match the following symptoms of Groupthink with their descriptions:

Match the following prevention techniques for Groupthink with their descriptions:

Match the following characteristics of decision-making styles with their descriptions:

Match the following biases in decision-making with their descriptions:

Match the following characteristics of decision-making systems with their descriptions:

Match the following aspects of the Four-Stage Model of decision-making with their descriptions: