Podcast
Questions and Answers
What type of decisions involves new or unique situations that require complex solutions?
What type of decisions involves new or unique situations that require complex solutions?
- Programmed Decisions
- Rational Decisions
- Nonprogrammed Decisions (correct)
- Bounded Rationality Decisions
Which bias involves overestimating one's accuracy or being overly confident in decision-making?
Which bias involves overestimating one's accuracy or being overly confident in decision-making?
- Availability Bias
- Anchoring Bias
- Confirmation Bias
- Overconfidence Bias (correct)
What is the term used for doubling down on a decision even when evidence suggests it may be wrong?
What is the term used for doubling down on a decision even when evidence suggests it may be wrong?
- Framing Effect
- Anchoring Bias
- Commitment Error (correct)
- Confirmation Bias
Which model acknowledges the difference between an acceptable and an optimal solution?
Which model acknowledges the difference between an acceptable and an optimal solution?
What strategy involves purposely creating conflict by presenting opposing viewpoints in group decisions?
What strategy involves purposely creating conflict by presenting opposing viewpoints in group decisions?
Which term refers to a combination of 'satisfy' and 'suffice' used in the context of decision-making under constraints?
Which term refers to a combination of 'satisfy' and 'suffice' used in the context of decision-making under constraints?
What is the purpose of the Nominal Group Technique?
What is the purpose of the Nominal Group Technique?
In the context of decision-making methods, what does Consensus imply?
In the context of decision-making methods, what does Consensus imply?
Which of the following is NOT a characteristic of organizational culture?
Which of the following is NOT a characteristic of organizational culture?
What do Espoused Values represent in an organization's culture?
What do Espoused Values represent in an organization's culture?
Which level of culture represents the things that everyone 'knows' to do?
Which level of culture represents the things that everyone 'knows' to do?
In the decision-making method of Ranking, what is the key action taken?
In the decision-making method of Ranking, what is the key action taken?