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257
You are part of a group making a decision about whether it is appropriate to discontinue research on a new drug. This
new drug would save lives, but it is uncertain whether you can develop it within a reasonable time frame and at a
reasonable cost. Your firm has already spent a small fortune on this drug. You have gathered so much information inpreparation to making the decision that you are unable to sort the good information from the superfluous data. Your experience tells you that this project has merit.
What form of decision making are you using if you decide to continue the project on the basis that the project has merit?
A) compulsive
B) intuitive
C) rational
D) satisficing
E) compelling
new drug would save lives, but it is uncertain whether you can develop it within a reasonable time frame and at a
reasonable cost. Your firm has already spent a small fortune on this drug. You have gathered so much information inpreparation to making the decision that you are unable to sort the good information from the superfluous data. Your experience tells you that this project has merit.
What form of decision making are you using if you decide to continue the project on the basis that the project has merit?
A) compulsive
B) intuitive
C) rational
D) satisficing
E) compelling
b)
intuative decision making= an unconscious process created out of experiance
Your experience tells you that this project has merit
intuative decision making= an unconscious process created out of experiance
Your experience tells you that this project has merit
Tags: Decision Making in organizations- Intuition
Source: p.183
Source: p.183
celinedion (09.08.2023)
Once again, I affirm that option C http://mapquestdrivingdirections.app
celinedion (09.08.2023)
I choose C) rational, certainly correct in implementation. https://mapquestdrivingdirections.app
Flashcard info:
Author: Elisa
Main topic: Business Economics
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010