In a Complex Decision Environment, a Manager Should Use the _______

question 97

Multiple Choice

In a complex decision environment, a manager should use the _______ method of decision making.

• A) Heuristic
• B) Rational
• C) Satisficing
• D) Optimizing
• E) Intuition

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Definitions:

Self-Serving Attributions

A common tendency for individuals to attribute their successes to internal factors while attributing failures to external factors.

Moral Dilemmas

Moral dilemmas are situations in which an individual faces a choice between two or more morally conflicting courses of action, with no clear right or wrong answers.

Tit For Tat

A strategy in game theory where an agent responds to a competitor's previous move with an identical action, often used as a model for the evolution of cooperative behavior.

Fundamental Attribution Error

The tendency to overestimate the role of personal characteristics and underestimate the situational factors when explaining others' behaviors.