Question: Chapter 07 Decision Making and Creativity Name Dute deadline 22 July (no late submission and submit on ampeducater) True/False Questions (1 mark) 1. Decision making

Chapter 07 Decision Making and Creativity Name
Chapter 07 Decision Making and Creativity Name Dute deadline 22 July (no late submission and submit on ampeducater) True/False Questions (1 mark) 1. Decision making is an unconscious process of moving toward a desirable state of affairs. 2. Subjective expected utility refers to how much the selected alternative benefits or satisties the decision maker. 3. If a decision maker encounters the same problem several times, he or she can increasingly rely on ROEDIAETAmmed decision routines to solve the problem 4. The rational choice paradigm is inherently logical, as such it an always be applied in realistic situations 5. One reason why the problem identification stage is imperfect is that various stakeholders try to "frame" the decision maker's view of the situation 6. The rational choice paradigm assumes that decision makers have well-articulated and agreed-on graanizational goals 2. Decision makers typically look at alternatives sequentially and compare each alternative to an implicit favourite 8. Intuition is the main strategy to minimize escalation of commitment. 9. Scenario planning is a structured process that helps decision makers explore potential problems and choose the best solutions under different future conditions

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