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Multiple Choice Quiz
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1

Simon's Normative model is characterized by three things:
A)limited information processing, the use of judgmental heuristics, and satisficing.
B)optimizing, bounded rationality, and judgmental heuristics.
C)limited information processing, availability heuristic, and bounded rationality.
D)rationality, limited information processing, and optimizing.
2

_______ is choosing a solution that meets a minimum standard of acceptance.
A)Limited information processing
B)Bounded rationality
C)Decision making
D)Satisficing
3

The tendency to base decisions on information readily available in memory is called___________.
A)bounded reality.
B)availability heuristic.
C)representativeness heuristic.
D)judgmental heuristic.
4

There are two types of knowledge:
A)managed and limited
B)tacit and explicit
C)tacit and bounded rationality
D)explicit and shared
5

Which of the following is a decision making style in which people are supportive, receptive to suggestions, show warmth, and prefer verbal to written information?
A)Conceptual
B)Analytical
C)Behavioral
D)Directive
6

Part of escalation of commitment, it is said that people "throw good money after bad" because:
A)they tend to bias facts so that they support previous decisions.
B)they tend to take more risks when a decision is stated in negative terms.
C)they tend to get too ego-involved with the project.
D)all of the above.
7

All of the following are advantages to group decision making except:
A)Greater pool of knowledge.
B)Domination by a vocal few.
C)Increased acceptance.
D)Training ground.
8

_________ is reached when someone presents opinions to a group and gains agreement to support a decision.
A)Problem Solving
B)Implications
C)Consensus
D)Autonomy
9

All of the following are effective rules for brainstorming except
A)stressing quantity over quality.
B)setting limits.
C)suspending judgments.
D)be visual.
10

Which of the following is the process to generate ideas from physically dispersed experts?
A)Computer-aided decision making
B)Nominal group technique
C)Delphi technique
D)Brainstorming







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