1)Which group decision-making technique allows group members in different locations to Show
Get answer to your question and much more 2)Rick is the ceo of a company that is acquiring another company. This is his first mergerso he has no basic rules to govern his decisions. Risk will need to rely onnonprogrammed decision making, which occurs in response to unusual, unpredictableopportunities or threats.4)What is it called when a decision takes time and effort to make, and is the result of Get answer to your question and much more Get answer to your question and much more 5)Heuristics are rules of thumb that simplify the process of making decisions6)The administrative model of decision making explains why decision making is inherentlyuncertain and risky, managers usually make satisfactory rather than optimum decisions.7)Bounded rationality is the term coined by March and Simon to describe the cognitivelimitations that constrain the ability of people to interpret, process, and act oninformation.8)When individuals overestimate their ability to control activities and events, they sufferfrom an illusion of control.9)Which of the following are examples of initiatives pursued by social entrepreneurs? Get answer to your question and much more 10) Indicate in order of the six steps of decision making, with the first step at the top.Recognize the need for a decision, generate alternatives, assess alternatives, chooseamong alternatives, implement the chosen alternative, learn from feedback11) Entrepreneurship is the mobilization of resources to take advantage of an opportunity toprovide customers with new or improved goods and services. When a manager makes a decision based on a generalization from a very small sample of information this is known as?What Is Inductive Reasoning? Inductive reasoning is an approach to logical thinking that involves making generalizations based on specific details. 1 Inductive reasoning is an important critical thinking skill that many employers look for in their employees.
Which two of the following are examples of situations in which it is appropriate to rely on intuition quizlet?Which two of the following are examples of situations in which it is appropriate to rely on intuition? It is an emergency situation entailing high risk and uncertainty, and rapidly changing conditions.
What is searching for and choosing an acceptable or satisfactory response to problems and opportunities rather than trying to make the best decision?Rather, they use a strategy known as satisficing, which is searching and choosing acceptable, or satisfactory ways to respond to problems and oppurtunities, rather than trying to make the best decision.
What is the most appropriate decision in light of what managers believe to be the most desirable consequences for the organization?optimum decision: The most appropriate decision in light of what managers believe to be the most desirable future consequences for the organization.
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When an individual attempts to inappropriately generalize using a small sample or a single event this is known as?
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