Application of Decision Making: a Contingency Approach

question 7

Multiple Choice

Application of Decision Making: A Contingency Approach
It seems that all Dave accomplishes is making decisions. Every time he turns around, someone wants him to decide on one more thing. Just today the secretary came in and asked if she could reorder paper for the fax machine. Somehow that seemed like a decision he really did not need to deal with. If he could avoid those types of decisions, then when the foreman came in with the news of a major piece of equipment that needs repair, in which the repair bill will be almost as much as a new machine, Dave could focus more time and attention on the more complicated issues.
-Situations that are well- structured problems align closely with the assumptions underlying

• A)escalation of commitment.
• B)representative heuristic.
• C)perfect rationality.
• D)available heuristic.

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Definitions:

Melting

The process by which a solid substance changes to a liquid state due to an increase in temperature and/or a decrease in pressure.

Transform Boundaries

Places where two tectonic plates slide past each other horizontally.

Mid-ocean Ridges

Undersea mountain chains formed by the upwelling of magma between diverging tectonic plates, a key site of seafloor spreading.

Continental Margins

The zones of transition between the landmasses of continents and the deep-sea floors, including the continental shelf, slope, and rise.