This type of decision making is a "right-brain activity"
What is creative decision-making?
100
These are choices made from among two or more alternatives.
What are decisions?
100
These are individuals who report unethical practices by their employer to outsiders.
What are whistle-blowers?
100
A common bias in decision-making. Being 90% sure may only lead to being correct 50% of the time.
What is Overconfidence Bias?
100
"Decisions are like ghosts that haunt and constrain current choices."
What are historical precedents?
200
This describes how individuals should behave in order to maximize some outcome.
What is the rational decision-making model?
200
This is a process of making decisions by constructing simplified models that extract the essential features from problems without capturing all their complexity.
What is bounded rationality?
200
This is the proposition that individual creativity requires expertise, creative thinking skills, and intrinsic task motivation.
What is the three-component model of creativity?
200
"I would have figured that out had you not told me the answer!"
What is Hindsight Bias?
200
Almost all important deadline come with explicit deadlines.
What are system-imposed time constraints?
300
An unconscious process created out of distilled experience.
What is intuitive decision-making?
300
This is an increased commitment to a previous decision in spite of negative information.
What is escalation of commitment?
300
This is the tendency to draw a general impression about an individual on the basis of a single characteristic.
What is the halo effect?
300
A tendency to base your judgements on information that is readily available to you.
What is Availability Bias?
300
These influence decision-makers by suggesting which choices have better personal payoffs.
What are reward systems?
400
The ability to produce novel and useful ideas is related to this type of decision-making.
What is creative decision-making?
400
This is the tendency to prefer a sure gain of a moderate amount of over a riskier income, even if the riskier outcome might have a higher expected payoff.
What is risk aversion?
400
This is the evaluation of a person's characteristics that is affected by comparisons with other people recently encountered who rank higher or lower on the same characteristics.
What is the contrast effect?
400
A tendency to fixate on informal information, from which them fails to adequately adjust for subsequent information.
What is anchoring bias?
400
"Managers are strongly influenced by the criteria on which they are evaluated."
What is performance evaluation?
500
This type of decision-maker makes consistent, value-maximizing choices.
What is a rational decision-maker?
500
This is a system in which decisions are made to provide the greatest good for the greatest number.
What is Utilitarianism?
500
This is the tendency to selectively interpret what one sees on the basis of one's interests, background, experience, and attitudes.
What is selective perception?
500
"I bet I can tell you who will win the coin toss!"
What is randomness error?
500
"I've got rules and regulations covering almost every decision I make,"