Question: 14) Which term best characterizes a decision that has bounded rationality? A) virtually perfect B) rigorous and comprehensive C) not good cnough D) just good

14) Which term best characterizes a decision that
14) Which term best characterizes a decision that has bounded rationality? A) virtually perfect B) rigorous and comprehensive C) not good cnough D) just good enough 15) Expert systems are primarily used to help what kinds of decision makers? A) lower-level managers B) top managers C) senior managers D) experts 16) Neural networks differ from expert systems in that they can A) draw conclusions from data B) ask questions to the decision maker C) perform sophisticated calculations D) learn from experience 17) A person who satisfices fails to A) maximize his or her decision B) understand his or ber position C) accept the truth of a situation D) make any kind of decision 18) Sticking to a decision despite evidence that it is a mistake is called A) escalation of commitment B) escalation of rationality C) satisficing commitment D) error enhancement 19) Escalation of commitment can occur when people don't A) want to make a decision B) want to admit that an carlier decision was flawed C) accept current conditions D) understand that conditions have changed 20) Which model of decision making takes advantage of unconscious reasoning? A) rational B) nonrational C) intuitive D) factual 21) Emotions and feelings decision making. A) often have no effect on B) can improve C) always decrease performance in D) are more important than facts and logic in 22) Unstructured problems are A) perfectly rational B) clear and straightforward C) situations in which all options are known D) situations in which all options are not known

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