ADMN $2220$ Midterm Examination

Name and student number $($print neatly$)$

Your examination is worth $15\%$ of your final grade. Circle$/$Highlight the correct answer $t$ of the following questions:

Rational Choice decisions rely on:

a$)$ Logic

b$)$ Incidental impulse

c$)$ Emotion and instinct

d$)$ Instinct

Rational Choice decision making relies on two key elements:

a$)$ A rational choice formula and system.

b$)$ Artificial intelligence software.

c$)$ A rational choice system and checklist.

d$)$ A rational choice formula and managerial instinct.

According to the rational choice decision making process, what should occur immediately after identifying the problem?

A$)$ Develop alternative solutions.

B$)$ Choose the best alternative.

C$)$ Choose the best decision process.

D$)$ All of the above.

A deviation between the current and the desired situation is called:

Unexpected utility.

Divergence.

An emotion.

A problem.

Pational choice.