Jeopardy with PINK TEAM!

Steps in the Decision Making Process

100

What is the first step in the decision making process?

Identify and Define the Problem

200

What are the 3 common mistakes to avoid when defining a problem

1. Defining the problem too broadly or too narrowly.

2. Focusing on symptoms instead of causes

3. Choosing the wrong problem to deal with

300

Which model assumes the manager acts rationally in a certain world

Classical decision model

400

What are the 2 common problems in implementing a decision

1. Lack-of-participation error

2. False participation errors

500

What must be considered throughout the decision making process

Ethical reasoning

Common Managerial Mistakes

100

These are quickly formulated solutions to deal with constraints presented by a circumstance.

Heuristics

200

This is a decision error wherein the justification of a decision is based on knowledge known by the general audience.

Representativeness Bias

300

Of all the decision errors, which one is the most common one?

Escalating Commitment

400

Chael was thinking of selling stickers for a con that’s about to happen a little bit this week, as he has seen how one seller sold really well in the earlier months ago? What decision error is being represented in this scenario?

Availability bias

500

Enumerate all the decision errors that can be made by a manager.

1. Framing Error

2. Availability Bias

3. Representativeness Bias

4. Anchoring and Adjustment Bias

5. Confirmation Error

6. Escalating Commitment

Creativity in Decision Making

100

What are the three types of thinking?

1. Convergent

2. Lateral

3. Divergent

200

Which personal creativity driver allows us to approach problems from different angles and perspectives to develop new solutions?

Creativity Skills

300

What can be classified as Big-C creativity?

Extraordinary achievements by extraordinary individuals

400

Which of the types of thinking is about looking at problems or situations from new perspectives and involves exploring different approaches or ways and using creativity to make solutions that might not be obvious at first?

Lateral Thinking

500

Fisher-Price’s “Cave” is an example of what situational creativity driver?

Organizational Culture

WILD CARD: ALL OR NOTHING!

100

Name another prof who teaches ITISORG?

1. Alain Lizardo Encarnacion

2. Marivic Santos Tangkeko