Which of the following is a perspective that highlights the importance of uncertainty and risk to the decision-making process?

A. rational decision-making model
B. bounded rationality
C. prospect theory
D. satisficing


C. prospect theory

Business

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How do you know that a group in which you're taking part is suffering from groupthink?

A. Peer pressure makes you agree with the ideas of the other people in your group. B. Minority dissent is allowed, even encouraged. C. All ideas and conclusions must be backed up with data. D. The group would rather take the time to come to the right decision rather than agree too quickly on what may be the wrong decision. E. The group actively considers new ideas, even if these ideas challenge underlying assumptions.

Business

By including such a large number of components, the skills approach and its models are criticized for ______.

A. being too similar to previously detailed approaches to leadership B. stressing the value of developing specific skills C. the range of skills extending beyond the boundaries of leadership D. not making leadership readily available to all

Business

Within the relevant range, fixed and variable costs are fairly predictable

Indicate whether the statement is true or false

Business

Typically, ________ after an interview you can inquire about the status of the position and communicate your continued interest

A) three days B) a week C) a month D) two weeks E) one day

Business