Qweasss

We can put too much charge on anecdotal information and data picked up by chance, which is advantageously retrieved from memory. B. We whitethorn disregard information that does not fit our preconceptions. We may place a result to a cause when in fact it may be a random effect. move 2 For a managing director who finds their decision making process, which has already consumed considerable time and energy, going wrong, the outgo advice is Selected Answer Stop, discard the current method, and begin again using a new method. Question 3Which of the pursual argon TRUE statements about quasi-rationality? The perception of cues may be more or less analytical or intuitive depending on the nature of the task for Judgment and its complexity. According to Brothers try (1986), the quasi-rationality of perception means that the same Judge often finds it difficult to beg off the process to others and to reproduce the same Judgment consistently. Influences on quasi-rational Judgment are, flesh effects, overconfidence, irrelevant learning, cognitive dissonance, sunk costs, stress, influence from others and personality.Question 4 Which of the hobby factors are most likely to bias an individuals selection of cues? Data availability. ain preferences. Personal values. Question 5 Which of the following statements are False? The utility of funds is independent of differing farming effects or continuum contexts. D. Managers tend to operate in analytical thinking mode at the extreme of the defined to a lower place quasi-rationality. Perception of cues is singular in nature, and each cue is processed independently. Question 6 Experienced managers are not necessarily likely to claim better Judgments in an unfamiliar than new managers.True Question 7 Which of the following statements is least true? As a persons experience as a manager increases, their Judgment in both familiar and unfamiliar situations significantly improves. Question 8 Rationality is only a school princ ipal of whether a choice is in line with a persons beliefs and preferences and not a question of what sort of preferences and beliefs that person holds. False Question 9 Which two of the following personality characteristics are NOT likely to contribute to making keen decisions? External locus of control.