MGMT chp 7 – Flashcards

With defensive avoidance, a manager can't find a good solution and follows by ____.

When people seek information to support their point of view and discount data that do not, this is ______ bias.

A choice made from among available alternatives is a ____.

A data-mining technique used to predict future behavior and anticipate the consequences of change is known as ___

The prospect theory suggests that ____.

Difficulties that inhibit the achievement of goals are known as _____.

The rational model of decision making is also called the ____ model.

The combination of how an individual perceives and responds to information reflects his or her ____.

Satisficing is the tendency of ____.

A decision tree is ____.

The Delphi technique is a group process that uses physically dispersed experts who fill out questionnaires to ____.

The process of studying large amounts of data of a variety of types to uncover hidden patterns, unknown correlations, and other useful information is known as ____.

The predisposition in which people's subjective confidence in their decision making is greater than their objective accuracy is ____.

A data-mining technique used to predict future behavior and anticipate the consequences of change is known as ___.

A computer-based information system that provides a flexible tool for analysis and helps managers focus on the future is known as a(n) _____.

The model of decision making that explains how managers should make decisions, assuming managers will make logical decisions that will be the optimum in furthering the organization's best interests, is known as the ____.

The idea that proposes that the ability of decision makers to be rational is limited by numerous constraints, such as complexity, time, cognitive capacity, values, skills, habits, and unconscious reflexes, is known as _____.

The tendency of people to view events as being more predictable than they really are known as _____.