12 Questions
What type of decisions involves new or unique situations that require complex solutions?
Nonprogrammed Decisions
Which bias involves overestimating one's accuracy or being overly confident in decision-making?
Overconfidence Bias
What is the term used for doubling down on a decision even when evidence suggests it may be wrong?
Commitment Error
Which model acknowledges the difference between an acceptable and an optimal solution?
Bounded Rationality Model
What strategy involves purposely creating conflict by presenting opposing viewpoints in group decisions?
Debate
Which term refers to a combination of 'satisfy' and 'suffice' used in the context of decision-making under constraints?
Satisficing
What is the purpose of the Nominal Group Technique?
Selecting the best ideas through silent writing and voting
In the context of decision-making methods, what does Consensus imply?
Achieving genuine agreement from all group members
Which of the following is NOT a characteristic of organizational culture?
Easily changed
What do Espoused Values represent in an organization's culture?
The values declared by the organization
Which level of culture represents the things that everyone 'knows' to do?
Underlying Assumptions
In the decision-making method of Ranking, what is the key action taken?
Secretly voting to identify top options
Explore the concepts of Programmed Decision, Nonprogrammed Decision, Rational Decision-Making Model, and Bounded Rationality Model in this quiz. Understand the characteristics of each type of decision and the steps involved in the decision-making process.
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