Question

In: Finance

QUESTION 16 A basic assumption of the bounded rationality model of decision making is ____. A....

QUESTION 16

A basic assumption of the bounded rationality model of decision making is ____.

A.

decision alternatives can be completely evaluated in terms of their potential value

B.

decision alternatives can be objectively rank ordered in terms of appropriateness

C.

preferences for alternatives seldom change as new information is acquired

D.

people do not evaluate all possible decision alternatives

2 points   

QUESTION 17

Transformational leaders are likely to ____.

A.

have a relatively high tolerance for mistakes made by conscientious followers

B.

urge followers to question assumptions and explore new ideas and methods

C.

transformational leaders are characterized by both of these things

D.

transformational leaders are characterized by neither of these things

2 points   

QUESTION 18

According to the narrated power point presentation, which of the following conflict management approaches is/are considered a “lose-lose” proposition (i.e., both parties lose over the long run)?

A.

forcing

B.

avoiding

C.

compromising

D.

a and b only

E.

a, b, and c.

2 points   

QUESTION 19

Which of the following was/were discussed in the narrated power point presentation as guidelines for effective empowerment?

A.

create emotional arousal

B.

allow employees to participate in the empowerment process

C.

maintaining control through autocratic and task-focused leadership

D.

a and b

E.

a, b, and c

2 points   

QUESTION 20

In general the risk of harm inherent in decision making may be

A.

physical loss.

B.

psychological loss.

C.

emotional loss.

D.

all of these.

2 points   

QUESTION 21

Bebe believes that her employees perform tasks that are distasteful and highly stressful in nature, their goals are clear, and they suffer from low confidence. According to path-goal theory, Bebe should use a ________style to manage her employees.

A.

task-oriented

B.

directive

C.

participative

D.

achievement oriented

E.

supportive

Solutions

Expert Solution

16.A basic assumption of the bounded rationality model of decision making is (and D)people do not evaluate all possible decision alternatives, since the human mind has limited capacity to evaluate and process the available information.

17Transformational leaders are likely to (ans C),transformational leaders are characterized by both of these things. Since they focus on the "what' in problems rather than the "who" to blame andactively seek new ideas to explore.

18.According to the narrated power point presentation, which of the following conflict management approaches is/are considered a “lose-lose” proposition (i.e., both parties lose over the long run) and D both A and B only since in compromising both parties are satisfied and they win.

19.In the narrated power point presentation as guidelines for effective empowerment ans(D) was discussed as in option c i.e maintaining control through autocratic and task-focused leadership the power is only with the leader and there is no employee empowerment.


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