After Choosing Among Several Computer Server Systems, the Director of Information

question 125

Multiple Choice

After choosing among several computer server systems, the Director of Information Systems feels very positive about the final choice.However, some of this optimism is due to the fact that the Director forgot about few of the limitations of the chosen system and unconsciously downplays the importance of the positive features of the rejected systems.The Director of Information Systems is engaging in:

• A)escalation of commitment.
• B)rational maximization.
• C)rational choice thinking.
• D)confirmation bias.
• E)impulsive buying.

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Definitions:

Customer Wants

Specific desires or requirements of consumers that businesses aim to meet with their products or services in order to satisfy and retain their clientele.

JIT Environments

Settings or conditions where Just-In-Time inventory management and production practices are implemented to minimize inventory costs and waste.

Demand Rate

The rate at which goods or services are requested or needed by consumers in a given market or period.

Push System

A type of inventory control system where products are manufactured or acquired based on forecasted demand, pushing products towards the consumer without immediate demand signals.