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40. In the bounded rationality model, an individual
or team stops searching for alternatives as soon as an acceptable (“good
enough”) goal or solution is discovered.
This is referred to as:
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a.
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limited search
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b.
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settling
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c.
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availability phenomena
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d.
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None of these
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ANS: A
41. _____
is a 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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Limited search
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b.
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Escalating commitment
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c.
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Availability phenomena
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d.
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None of these
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ANS: B
42. When
individuals and teams stop looking for possible goals or solutions to a problem
after finding one that seems adequate, they have engaged in ____.
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a.
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limited search
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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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ANS: A
43. _____is
the tendency of an individual or team to make or avoid decisions in which the
anticipated outcomes are unknown.
|
a.
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Risk propensity
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b.
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Balancing interests
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c.
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Risk commitment
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d.
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Balancing effects
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