#1
Which decision-making model involves identifying, evaluating, and choosing among several alternatives?
1 answered
#2
In the OODA loop decision-making model, what does 'OODA' stand for?
1 answered
#3
Which decision-making model emphasizes making decisions based on intuition, gut feelings, and past experiences?
1 answered
#4
Which decision-making model suggests that individuals make decisions by selecting the first option that meets a minimum threshold of acceptability?
1 answered
#5
Which decision-making model suggests that individuals seek to maximize benefits and minimize costs, assuming they have access to all relevant information?
1 answered
#6
Which cognitive factor refers to the tendency to rely on information that is readily available, even if it might not be the most relevant?
#7
In the Vroom-Yetton-Jago Decision Model, 'LAI' refers to which type of decision-making style?
#8
Which of the following is not one of the steps in the rational decision-making model?
#9
Which cognitive bias involves favoring options that align with pre-existing beliefs or values?
#10
According to Herbert Simon, which decision-making model recognizes the limitations of human rationality and information processing?
#11
Which cognitive bias involves the tendency to give more weight to the first piece of information encountered?
#12
Which cognitive bias occurs when people attribute their successes to their own abilities but attribute their failures to external factors?
#13
The 'escalation of commitment' bias refers to which phenomenon?
#14
According to the dual-process theory of decision-making, which system operates quickly and automatically, relying on heuristics and intuition?
#15
The 'anchoring bias' refers to which cognitive phenomenon?
#16
Which decision-making model suggests that individuals attempt to make rational choices within the constraints of limited information and cognitive abilities?
#17
Which cognitive bias involves the tendency to believe, after learning an outcome, that one would have foreseen it beforehand?
#18
The 'availability heuristic' involves making judgments based on:
#19
In the context of decision-making, what does 'VUCA' stand for?
#20
Which cognitive bias involves the tendency to judge the probability of an event based on its similarity to past occurrences?
#21
Which cognitive bias occurs when decision-makers overestimate their own ability to predict future events?
#22
The 'framing effect' is an example of which cognitive bias?
#23
Which cognitive bias involves the tendency to judge the probability of an event based on how closely it resembles a prototype?
#24
According to prospect theory, individuals are more sensitive to what type of changes?
#25