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36. The bounded rationality model reflects
individual’s or team’s tendencies to do all of the following except
______.
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a.
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select an alternative that will provide
the maximum possible gain
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b.
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undertake a limited search for
alternative solutions
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c.
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cope with inadequate information and
control of external and internal environmental forces influencing the
outcomes of decisions
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d.
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select less than the best goal or
alternative solution
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ANS: A
37. In
the_____, an individual or team stops searching for alternatives as soon
as an acceptable goal or solution is discovered.
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a.
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bounded rationality model
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b.
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balancing interests principles
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c.
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equitable outcome principles
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d.
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situational-effect model
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ANS: A
38. Which
of the following has (have) been suggested as a way of raising the level of
satisficing that occurs in the organizational decision-making process?
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a.
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personal determination
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b.
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setting higher individual or
organizational standards
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c.
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using sophisticated decision-making and
problem-solving techniques
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d.
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all of these have been suggested for
this purpose
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ANS: D
39. ____
is the process of continuing or increasing the allocation of resources to a course
of action even though a substantial amount of feedback indicates that the
choice made is wrong.
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a.
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Satisficing
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b.
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Risk propensity
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c.
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Escalating commitment
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d.
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Emotional block
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