A recent study found that the availability of information relating to severe consequences for an unethical decision reduced the likelihood that one would make that decision. Additionally, it was found that the availability of others who believed that a particular act was morally acceptable increased the perceptions that this act was viewed as socially acceptable. The implication of these results for managers suggest:
A) the prevalence of satisficing in the bounded rationality approach and consequently the persistence of problems in organizations.
B) the constraints associated with problemistic search and the fallacy of profit maximization.
C) the need for managers to be aware of how heuristics are used and take care that these short cuts are not leading to poor decisions.
D) All of these
Correct Answer:
Verified
Q4: The model of bounded rationality was first
Q5: Heuristics are:
A)algorithms based on complex decision making
B)complex
Q6: You are starting your senior year of
Q7: In the rational model, the decision maker
Q8: Netflix places an emphasis on the individual
Q10: Intuition would be a major part of
Q11: The rational model of decision making assumes:
A)preferences
Q12: An effective decision is timely, acceptable to
Q13: Imagine a group of three people (Tom,
Q14: Which decision-making model is the most realistic
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