The Research Conducted by Henry Mintzberg Regarding Intuition and Managerial

question 71

Multiple Choice

The research conducted by Henry Mintzberg regarding intuition and managerial roles suggests that:

• A) managers rarely use intuition.
• B) in most cases managers use a systematic step-by-step approach to decision making.
• C) managers make judgments based on hunches.
• D) intuition has not been shown to be very effective as an antidote to over analysis.

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Definitions:

Probability Distribution

A statistical function describing the likelihood of different outcomes in a random experiment.

Bivariate Distribution

Refers to the probability distribution of a two-variable system, analyzing the relationship between the two variables.

Values

The numbers, symbols, or expressions that define the magnitude, quantity, or worth of something.

Binomial Probability

The probability of obtaining one of two outcomes (success or failure) in an experiment that is repeated multiple times under identical and independent conditions.