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Business
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Modern Management
Quiz 8: Making Decisions
Path 4
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Question 1
True/False
In the nominal group technique,group members never meet face to face.
Question 2
True/False
A relevant alternative is one that is both feasible for solving an existing problem and also feasible for implementation.
Question 3
True/False
The confirmation bias is the tendency to believe certain outcomes because others believe the same.
Question 4
True/False
According to the probability theory,the expected value for an alternative equals the income that alternative would produce,multiplied by its probability of producing that income.
Question 5
True/False
Decision makers who believe the source of all good is outside of themselves,and therefore rely heavily on suggestions from others,are classified as having an exploitative orientation.
Question 6
True/False
One of the disadvantages of group decision making is that they cost the organization more than individual decisions.
Question 7
True/False
The Delphi group decision-making technique is a process that involves circulating questionnaires on a specific problem among group members,sharing those results,and continuing to recirculate and refine responses until a consensus is reached.