Quiz 7

A  People who aren’t familiar with one another tend to make better decisions when the members have common knowledge.

B  Groups take longer to make decisions.

C  Groups are more confident about their choices than individuals are.

D  An added benefit of group decision-making is groupthink.

E  The larger the group, the lower the quality of the decision.

A  Because groups cut down on the variety of ideas

B  Because groups subsume the primary goal with secondary goals

C  Because groups have a greater pool of knowledge

D  Because groups seek decisions that are good enough

E  Because groups use groupthink

A  confirmation bias.

B  overconfidence bias.

C  representativeness bias.

D  availability bias.

E  anchoring and adjustment bias.

A  rank high on the stress index.

B  have a high tolerance for ambiguity.

C  have a high task orientation.

D  have a large need for structure.

E  have a low tolerance for ambiguity.

A  Big Data

B  mega IT

C  cyberage databases

D  super data

E  new age computing

A  a trend decision.

B  diagnosis.

C  analytics.

D  a seasonal trend.

E  a logical system.

A  decision tree

B  decision-result assessment

C  decision structure

D  corporate hierarchy

E  resolution graph

A  False

B  True

A  False

B  True

A  False

B  True

A  True

B  False

A  False

B  True

A  True

B  False

A  True

B  False