In a decision-making framework presented in Chapter One, the term "dumb luck" refers to a situation when the following occur:
A) Good decision quality and good outcome quality.
B) Good decision quality and bad outcome quality.
C) Bad decision quality and good outcome quality.
D) Bad decision quality and bad outcome quality.

Question

Quizplus · Accepted Answer

"Dumb luck" refers to a situation where there is a good outcome quality but a bad decision quality. This means that the outcome was positive despite a poor decision-making process, indicating that luck played a role in the result. Therefore, the correct answer is option C.

In a Decision-Making Framework Presented in Chapter One, the Term