Ch.10 Quiz - MGMT302 Ch.10 Quiz Decision-Making 1 Intuition...

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MGMT302 / Ch.10 Quiz / Decision-Making 1. Intuition would be a major part of the input for a manager making what kind of decision? a. programmed b. rational c. breakeven point d. non-programmed 2. The rational model of decision making assumes: a. preferences of the decision maker are incon- sistent b. that all possible alternatives can't be known to decision makers c. that outcomes can't be optimized d. that the decision maker can calculate the prob- ability of success for alternatives 3. Under the bounded rationality model of problem solving and decision making: a. managers follow statistical rules for decision making b. managers critically view the world as com- plex and multivariate c. managers generate a wide array of decision options and select the one that meets all de- cision criteria d. managers are comfortable making decisions without identifying all options 4. Heuristics are: a. algorithms based on complex decision making b. complex decision rules used in complex situ- ations c. shortcuts in decision making that save mental activity d. mathematical approaches to decision making 5. Which decision-making model is the most realistic in portraying the managerial decision process? a. rational b. garbage can c. bounded rationality d. incremental 6. Which of the following best represents the three reasons why managers may hang on to a losing course of action or escalate their commitment? a. internal locus of control, cognitive disson- ance, and overly optimistic b. cognitive dissonance, overly optimistic, and illusion of control c. external locus of control, overly optimistic,
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and cognitive dissonance d. internal locus of control, cognitive disson- ance, and illusion of control 7. The fourth step in the Z model of problem solving is: a. data collection b. problem diagnosis
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This note was uploaded on 03/09/2012 for the course MGMT 302 taught by Professor Greene during the Spring '09 term at CSU San Bernardino.

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Ch.10 Quiz - MGMT302 Ch.10 Quiz Decision-Making 1 Intuition...

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