Which of the following is not an attribute of useful information?
Answer: D
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____________ decision making is an organized, exacting, data-driven process.
Answer: A
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What assumption is the garbage can model of decision making based on?
Answer: C
The 'garbage can' model tries to reflect the unpredictability and uncertainty that characterises the environment around which decisions have to be made.
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The first step in decision making is to:
Answer: B
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Type of accounting which measures, reports and analysis of the non-financial and financial information to help in decision making is called
Answer: B
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What is the term for a sub-optimal but acceptable outcome of negotiations between parties?
Answer: B
Outcomes that are acceptable but not optimal are termed 'satisficing'.
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An employee in a company is working out a schedule to ensure that all the sales staff arrive at the company conference on time. This is a:
Answer: B
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A process in which a group of individuals generate and state ideas, but in which the rules prohibit questioning, evaluating, or rejecting any ideas, even if they seem ridiculous is called:
Answer: B
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What is intuitive decision making based on?
Answer: C
Intuition is closely linked to instinct.
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