People are not as rational as assumed by the Rational Decision Making Model.
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Q7: Loss aversion frequently affects investment decisions.
Q8: Nonprogrammed decisions require creativity.
Q9: Overly narrow problem definitions restrict the options
Q10: Organizational incentives magnify the effects of loss
Q11: Programmed decisions can never be delegated to
Q13: Escalation of commitment has been blamed for
Q14: The same decision can be a programmed
Q15: Effective decision making involves the efficient gathering
Q16: Only senior executives make important decisions.
Q17: Letting others participate in decision making can
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