A) controlling.
B) engaged in bounded rationality.
C) suboptimizing.
D) satisficing.
E) using procedures and rules of thumb.
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Multiple Choice
A) have complete information.
B) are objective.
C) are systematic in their approach to decisions.
D) work in an organization that encourages logical choices.
E) all of these
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Short Answer
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Multiple Choice
A) the number of ideas should be limited
B) ideas should be criticized and judged quickly
C) ideas should not be written down
D) implausible ideas should not be suggested
E) none of these
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True/False
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Multiple Choice
A) standard operating procedures.
B) decision-making processes.
C) culture.
D) strategic plans.
E) none of the above.
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Multiple Choice
A) Lower
B) Top
C) Managerial
D) Subordinate
E) Middle
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True/False
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True/False
Correct Answer
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True/False
Correct Answer
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Essay
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Multiple Choice
A) Hugh needs to buy a new laptop.He searches online until he finds the first laptop that fits his price and performance needs, then he immediately buys it.
B) In a hand of poker, Kevin makes a bid and Julie calls.Later, Kevin makes a higher bid, and Julie calls again.At the end of the hand, when Julie goes all in, Kevin's almost certain she has the better cards.However, because he's already invested so much in the hand, Kevin feels obliged to call.
C) On paper, the candidate seems excellent, so Nina invites him for an interview, which goes swimmingly.Still, something about the guy seems "off" to Nina, and though she can't put her finger on what it is, she hires someone else.
D) Simone knows that the laptop she's about to buy from the electronics store is both more expensive and of lower quality than a laptop she could buy online.However, she desperately needs a laptop immediately, so goes ahead with the purchase.
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Multiple Choice
A) puts the decision into action.
B) involves assessing all possible alternatives.
C) involves selecting an alternative with the highest payoff.
D) is the most crucial step.
E) diagnoses the problem.
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Multiple Choice
A) are more likely to make mistakes.
B) frequently make decisions that lead to big losses.
C) have a lower risk propensity than other managers.
D) frequently make decisions that lead to big successes.
E) suffer from bounded rationality.
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True/False
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Multiple Choice
A) It's used in the idea generation phase of decision making.
B) Members present ideas and clarify them.
C) Ideas are recorded in secret.
D) Ideas are recorded on a flip chart.
E) It does not provide resolution to the problem.
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Short Answer
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Multiple Choice
A) certain
B) risk
C) programmed
D) nonprogrammed
E) uncertain
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True/False
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Multiple Choice
A) shared illusion of invulnerability.
B) shared illusion of unanimity.
C) stereotyped views of "enemy" leaders.
D) unquestioned belief in the group's inherent morality.
E) collective efforts to rationalize or dismiss warnings.
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