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Information Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions 88. The rational decision-making model takes into consideration the fact that all information pertaining to aproblem might not be available to the decision maker.Diff: 2Type: TFPage Ref: 209 Get answer to your question and much more LO: 5AACSB:Difficulty: Easy89. Rational decision making is an unconscious process created from distilled experience.Diff: 1Type: TFPage Ref: 211 Get answer to your question and much more LO: 5AACSB:Difficulty: Easy90. Anchoring bias occurs because our mind appears to give a disproportionate amount of emphasis to the firstinformation it receives.Answer:TrueFalseDiff: 1Type: TFPage Ref: 212 LO: 6AACSB:Difficulty: Moderate91. A person's tendency to believe he/she can predict the outcome of random events is known as the self-servingbias.Diff: 1Type: TFPage Ref: 214 Get answer to your question and much more LO: 6AACSB:Difficulty: Easy92. Escalation of commitmentrefers to staying with a decision even when there is clear evidence it's wrong.Diff: 1Type: TFPage Ref: 214 Get answer to your question and much more LO: 6AACSB:Difficulty: Easy93. The tendency to believe falsely, after an outcome of an event is actually known, that one would haveaccurately predicted that outcome is known as the confirmation bias.Diff: 2Type: TFPage Ref: 215 Get answer to your question and much more LO: 6AACSB:Difficulty: Easy Which of the following is a decisionThe rational decision-making model describes a series of steps that decision makers should consider if their goal is to maximize the quality of their outcomes.
Which of the following suggests that when we observe an individual's behavior we attempt to determine whether it was internally or externally caused?Attribution theory suggests that when we observe an individual's behavior, we attempt to determine whether it was internally or externally caused. That determination, however, depends largely on three factors.
Which type of bias refers to the tendency to believe falsely After an outcome of an event is known that one would have accurately predicted that outcome?Hindsight bias is a psychological phenomenon that allows people to convince themselves after an event that they accurately predicted it before it happened. This can lead people to conclude that they can accurately predict other events.
Which of the following is an example of internally caused behavior?Employees are expected to adhere by company policy. Since an employee decides to violate company policy, their behavior is caused by internal decision-making. The other options are externally-caused behaviors.
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Stereotyping helps individuals make quick decisions through generalizations.
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