31. The ____ model of decision making helps explain
why different individuals may make different decisions when they have exactly
the same information.
|
a.
|
rational
|
|
b.
|
bounded rationality
|
|
c.
|
both of these
|
|
d.
|
neither of these
|
ANS: B
32. A
basic assumption of the bounded rationality model of decision making is ____.
|
a.
|
decision alternatives can be completely
evaluated in terms of their potential value
|
|
b.
|
decision alternatives can be objectively
rank ordered in terms of appropriateness
|
|
c.
|
preferences for alternatives seldom
change as new information is acquired
|
|
d.
|
people do not evaluate all possible
decision alternatives
|
ANS: D
33. The
____ model recognizes the fact that complete information concerning available
alternatives or the outcome of some course of action may be impossible for an
individual to obtain.
|
a.
|
rational
|
|
b.
|
evidence-based
|
|
c.
|
bounded rationality
|
|
d.
|
conservative
|
ANS: C
34. The
concept of "satisficing" is basic to the ____ model of decision
making.
|
a.
|
political
|
|
b.
|
evidence-based
|
|
c.
|
bounded rationality
|
|
d.
|
rational
|
ANS: C
35. The
concept of "satisficing" refers to ____.
|
a.
|
engaging in an extensive search for
alternative solutions
|
|
b.
|
selecting less than the best goal or
alternative solution
|
|
c.
|
having inadequate control of forces
influences the outcomes of decisions
|
|
d.
|
having inadequate information available
to make a decision
|
ANS: B