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promotion of his or her preferred solution, and insulation of the group from experts’ opinions.Question 251 out of 1 pointsWhich of the following is true about intuition?Selected Answer:c. it evolves over timeAnswers:a. all of theseb. it's not based on rationalityc. it evolves over timed. it is largely arbitrarye. it's similar to guessingResponse Feedback:Rationale: A person's intuition is based on her experience. Thus, as time goes on and the person goes through more experiences, her intuition changes.Question 261 out of 1 pointsWhich of the following statements about ethical dilemmas is FALSE?Selected Answer:c. They may center on risk propensity.Answers:a.
They may center on direct personal gain.b. They may center on indirect personal gain.c. They may center on risk propensity.d. They may center on simple personal preferences.e. All of these are trueResponse Feedback:Rationale: Risk propensity -- a manager's willingness to make big gambles -- is not inherently ethical or unethical; thus, it's not an issue of ethics.Question 271 out of 1 pointsAccording to the rational decision-making approach, what is the fourth step of the decision-making process?Selected Answer:d. Generate alternativesAnswers:a. Determine the decision typeb. State the situational goalc. Evaluate alternativesd. Generate alternativese. Identify the problemResponseFeedback:Rationale: The eight steps of the rational approach to decision making are as follows: 1) State the situational goal 2) Identify the problem 3) Determine the decision type 4) Generate alternatives 5) Evaluate alternatives 6) Choose an alternative 7) Implement the plan 8) Control: measure and adjust.