Question 1

Instinct, insight, and intuition are synonymous; that is, they are the same thing.

Accepted Answer

A) True 
 B)False

Question 2

__________ represent(s)  cognitive shortcuts or biases that are used to simplify the process of making decisions.

Accepted Answer

A)   Normative intuitions
B)   Judgmental heuristics
C)   Holistic hunches
D)   Explicit knowledge
E)   Tacit knowledgeF) A) and E)
G) A) and B)

Question 3

Normative intuition represents the notion that decision makers are restricted by a variety of constraints when making decisions.

Accepted Answer

A) True 
 B)False

Question 4

The forms of intuition are:

Accepted Answer

A)   Tacit and explicit
B)   Formal and informal
C)   Rational and nonrational
D)   Holistic hunches and automated experiences
E)   Directive and analyticalF) D) and E)
G) A) and B)

Question 5

A person with a low tolerance for ambiguity who is oriented toward task and technical concerns when making a decision is known as:

Accepted Answer

A)   Analytical
B)   Conceptual
C)   Directive
D)   Behavioral
E)   ConsultativeF) A) and D)
G) B) and C)

Question 6

Intuitive processes are influenced by:

Accepted Answer

A)   Expertise and feelings
B)   Managerial style
C)   Rational processes
D)   Formal and informal guidelines
E)   Optimizing and satisficingF) A) and B)
G) A) and D)

Question 7

Nonrational models of decision making explain how managers actually make decisions.

Accepted Answer

A) True 
 B)False

Question 8

________ models of decision making explain how managers actually make decisions.

Accepted Answer

A)   Rational
B)   Nonrational
C)   Optimizing
D)   Normative
E)   AlternativeF) A) and D)
G) A) and C)

Question 9

A manager of an advertising firm appointed two employees to strike an advertising deal with one of their big clients. They were chosen as they had made a similar agreement previously with another client. Which of the following biases was the manager engaging in?

Accepted Answer

A)   Representativeness
B)   Anchoring
C)   Framing bias
D)   Fundamental attribution error
E)   Self-serving biasF) A) and D)
G) A) and C)

Question 10

The first step in Bagley's decision tree is, "Does the proposed action maximize shareholder value?"

Accepted Answer

A) True 
 B)False

Question 11

The first stage of the creative performance behavior process is:

Accepted Answer

A)   Problem formulation/definition
B)   Preparation/information gathering
C)   Idea generation
D)   Idea evaluation
E)   Idea validationF) A) and E)
G) A) and B)

Question 12

The _______ model of decision making explains how managers should make decisions.

Accepted Answer

A)   Intuition
B)   Satisficing
C)   Holistic
D)   Evidence-based
E)   RationalF) C) and D)
G) B) and E)

Question 13

Making judgments or decisions that come to mind on their own, without explicit awareness of the evoking cues and without explicit evaluation of the validity of those cues, is called:

Accepted Answer

A)   Satisficing
B)   Rationalizing
C)   Intuition
D)   Explicit knowledge
E)   Evidence-based decision makingF) None of the above
G) C) and D)

Question 14

Individuals who are analytical in decision-making style:

Accepted Answer

A)   Are action oriented and decisive
B)   Take longer to make decisions
C)   Rely on intuition and discussions with others to acquire information
D)   Are good at finding creative solutions to problems
E)   Have a tendency to avoid conflictF) C) and D)
G) B) and C)

Question 15

What is "groupthink"? What causes it? How would a manager be able to recognize that groupthink is occurring?

Accepted Answer

Groupthink is a mode of thinking that pe...

Question 16

The extent to which a person has a high need for structure or control in his or her life is known as that person's tolerance for ambiguity.

Accepted Answer

A) True 
 B)False

Question 17

_______ is a mode of thinking that people engage in when they are deeply involved in a cohesive in-group, when members' strivings for unanimity override their motivation to realistically appraise alternative courses of action.

Accepted Answer

A)   Brainstorming
B)   Brainwriting
C)   Brainwashing
D)   Groupthink
E)   Goal displacementF) A) and B)
G) A) and D)

Question 18

Individuals who are directive in decision-making style:

Accepted Answer

A)   Risk being autocratic and focusing on the short term
B)   Sometimes overanalyze situations
C)   Rely on intuition and discussions with others to acquire information
D)   Are good at finding creative solutions to problems
E)   Have a tendency to avoid conflictF) A) and B)
G) C) and E)

Question 19

Which of the following is not a disadvantage of group decision making?

Accepted Answer

A)   More possible approaches to the problem
B)   Groupthink
C)   Goal displacement
D)   A few people dominate
E)   Social pressureF) All of the above
G) B) and D)

Question 20

A PERT chart is a graphic representation of the process underlying decisions.

Accepted Answer

A) True 
 B)False

Exam 11: Decision Making and Creativity

Which of the following is not a disadvantage of group decision making?

Correct AnswerverifiedShow Answer

Intuitive processes are influenced by:

Correct AnswerverifiedShow Answer

The first stage of the creative performance behavior process is:

Correct AnswerverifiedShow Answer

________ models of decision making explain how managers actually make decisions.

Correct AnswerverifiedShow Answer

Making judgments or decisions that come to mind on their own, without explicit awareness of the evoking cues and without explicit evaluation of the validity of those cues, is called:

Correct AnswerverifiedShow Answer

What is "groupthink"? What causes it? How would a manager be able to recognize that groupthink is occurring?

Correct AnswerverifiedGroupthink is a mode of thinking that pe...View AnswerShow Answer

A manager of an advertising firm appointed two employees to strike an advertising deal with one of their big clients. They were chosen as they had made a similar agreement previously with another client. Which of the following biases was the manager engaging in?

Correct AnswerverifiedShow Answer

Nonrational models of decision making explain how managers actually make decisions.

Correct AnswerverifiedShow Answer

A person with a low tolerance for ambiguity who is oriented toward task and technical concerns when making a decision is known as:

Correct AnswerverifiedShow Answer

The first step in Bagley's decision tree is, "Does the proposed action maximize shareholder value?"

Correct AnswerverifiedShow Answer

Instinct, insight, and intuition are synonymous; that is, they are the same thing.

Correct AnswerverifiedShow Answer

The _______ model of decision making explains how managers should make decisions.

Correct AnswerverifiedShow Answer

Individuals who are directive in decision-making style:

Correct AnswerverifiedShow Answer

Individuals who are analytical in decision-making style:

Correct AnswerverifiedShow Answer

A PERT chart is a graphic representation of the process underlying decisions.

Correct AnswerverifiedShow Answer

__________ represent(s) cognitive shortcuts or biases that are used to simplify the process of making decisions.

Correct AnswerverifiedShow Answer

Normative intuition represents the notion that decision makers are restricted by a variety of constraints when making decisions.

Correct AnswerverifiedShow Answer

_______ is a mode of thinking that people engage in when they are deeply involved in a cohesive in-group, when members' strivings for unanimity override their motivation to realistically appraise alternative courses of action.

Correct AnswerverifiedShow Answer

The forms of intuition are:

Correct AnswerverifiedShow Answer

The extent to which a person has a high need for structure or control in his or her life is known as that person's tolerance for ambiguity.

Correct AnswerverifiedShow Answer

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Groupthink is a mode of thinking that pe...
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