Chapter 7 Information and Decision
Making
Kahn man compares former President Bush to President Obama. He says that Bush
reacted by instinct and gut with quick decisions. President Obama's decisions, on the
other hand, are more deliberate, and he looks at both sides of an issue before deciding.
However, Kahneman remarks: "system 2 is not universally clever and you can think
slowly and"
A. Badly
B. With clarity
C. Clearly
D. Vividly - answersA. Badly
According to Kahneman, the public doesn't necessarily see ________ decision making
as an advantage, and prefers fast decisions made with confidence.
A. Slow
B. Fast
C. Methodical
D. Emotional - answersA. Slow
In which of the following purchases would someone most likely use slow thinking?
A. Purchasing a home
B. Purchasing milk
C. Purchasing a cup of coffee
D. Purchasing a required textbook - answersA. Purchasing a home
Psychologist Daniel Kahneman describes two different ways thoughts come to mind.
They are
A. Gut and instinct
B. Fast and slow
C. Perceived and imagined
D. Instinctual and psychological - answersB. Fast and slow
The impact of overconfidence when implementing new organiational strategies can
contribute to this type of thinking:
A. Impulsive
B. Fast
C. Systematic
D. All of the choices are correct - answersD. All of the choices are correct
The term______ describes the systematic evaluation and analysis of informtaion to
make decisions.
, A. Assessment stage
B. Analytics
C. Problem solving
D. Information competency
E. Creative thinking - answersB. Analytics
Which of the following is NOT one of the criteria for information that is truly useful?
A. Relevant
B. As detail-oriented as possible
C. Timely
D. High quality
E. Complete - answersB. As detail-oriented as possible
A(n) _____ is a situation in which something is obviously wrong or has the potential to
go wrong.
A. Performance opportunity
B. Performance threat
C. Environmental weakness
D. Problem gap
E. Environmental opportunity - answersB. Performance threat
Intuitive thinking approaches problems in a ______ and _______ fashion.
A. Step-by-step, analytical
B. Rational, setp-by-step
C. Flexible, spontaneous
D. Spontaneous, rational
E. Flexible, step-by-step - answersC. Flexible, spontaneous
Strategic opportunism focuses on _____ objectives while being flexible in dealing with
_________ problems.
A. Long-term, long-term
B. Short-term, short-term
C. Long-term, short-term
D. Short-term, long-term
E. None of these options is correct - answersC. Long-term, short-term
Cognitive styles include all of the following classifications except:
A. Creative thinkers
B. Sensation feelers
C. Intuitive thinkers
D. Sensation thinkers
E. Intuitive feelers - answersA. Creative thinkers
When a manager chooses the first alternative that comes to one's attention and good
enough to meet the needs, it is called a ______ decision.
A. Bounded
Making
Kahn man compares former President Bush to President Obama. He says that Bush
reacted by instinct and gut with quick decisions. President Obama's decisions, on the
other hand, are more deliberate, and he looks at both sides of an issue before deciding.
However, Kahneman remarks: "system 2 is not universally clever and you can think
slowly and"
A. Badly
B. With clarity
C. Clearly
D. Vividly - answersA. Badly
According to Kahneman, the public doesn't necessarily see ________ decision making
as an advantage, and prefers fast decisions made with confidence.
A. Slow
B. Fast
C. Methodical
D. Emotional - answersA. Slow
In which of the following purchases would someone most likely use slow thinking?
A. Purchasing a home
B. Purchasing milk
C. Purchasing a cup of coffee
D. Purchasing a required textbook - answersA. Purchasing a home
Psychologist Daniel Kahneman describes two different ways thoughts come to mind.
They are
A. Gut and instinct
B. Fast and slow
C. Perceived and imagined
D. Instinctual and psychological - answersB. Fast and slow
The impact of overconfidence when implementing new organiational strategies can
contribute to this type of thinking:
A. Impulsive
B. Fast
C. Systematic
D. All of the choices are correct - answersD. All of the choices are correct
The term______ describes the systematic evaluation and analysis of informtaion to
make decisions.
, A. Assessment stage
B. Analytics
C. Problem solving
D. Information competency
E. Creative thinking - answersB. Analytics
Which of the following is NOT one of the criteria for information that is truly useful?
A. Relevant
B. As detail-oriented as possible
C. Timely
D. High quality
E. Complete - answersB. As detail-oriented as possible
A(n) _____ is a situation in which something is obviously wrong or has the potential to
go wrong.
A. Performance opportunity
B. Performance threat
C. Environmental weakness
D. Problem gap
E. Environmental opportunity - answersB. Performance threat
Intuitive thinking approaches problems in a ______ and _______ fashion.
A. Step-by-step, analytical
B. Rational, setp-by-step
C. Flexible, spontaneous
D. Spontaneous, rational
E. Flexible, step-by-step - answersC. Flexible, spontaneous
Strategic opportunism focuses on _____ objectives while being flexible in dealing with
_________ problems.
A. Long-term, long-term
B. Short-term, short-term
C. Long-term, short-term
D. Short-term, long-term
E. None of these options is correct - answersC. Long-term, short-term
Cognitive styles include all of the following classifications except:
A. Creative thinkers
B. Sensation feelers
C. Intuitive thinkers
D. Sensation thinkers
E. Intuitive feelers - answersA. Creative thinkers
When a manager chooses the first alternative that comes to one's attention and good
enough to meet the needs, it is called a ______ decision.
A. Bounded
