Application of Decision Making: A Contingency Approach
It seems that all Dave accomplishes is making decisions. Every time he turns around, someone wants him to decide on one more thing. Just today the secretary came in and asked if she could reorder paper for the fax machine. Somehow that seemed like a decision he really did not need to deal with. If he could avoid those types of decisions, then when the foreman came in with the news of a major piece of equipment that needs repair, in which the repair bill will be almost as much as a new machine, Dave could focus more time and attention on the more complicated issues.
-Situations that are well- structured problems align closely with the assumptions underlying
A) escalation of commitment.
B) representative heuristic.
C) perfect rationality.
D) available heuristic.
Correct Answer:
Verified
Q11: Which of the following is not an
Q12: Which of the following group techniques allows
Q13: "Decision making under risk" means _.
A)the decision
Q14: In an effort to demonstrate that an
Q15: Once a manager has identified a problem,
Q17: A method that can be used to
Q18: Putting a decision into action and conveying
Q19: Creativity refers to
A)creating something new.
B)criticizing the discovered
Q20: As managers move up the organizational hierarchy,
Q21: Problems where information is ambiguous or incomplete
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