What percentage of managers typically use intuitive decision making rather than formal analysis to make decisions?
A) 95%
B) 75%
C) 50%
D) less than 10%
Answer: C
Explanation: Studies show that intuitive decision making is used more frequently than formal analysis, meaning that managers use it more than half of the time. No managers claim to use the method all or almost all of the time. Almost never can be eliminated because managers say they use intuitive decision making frequently.
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By 2001, crisis conditions had revealed three very important underlying problems Argentina's economy EXCEPT:
A) The Argentine peso was overvalued. B) The currency board regime had eliminated monetary policy alternatives for macroeconomic policy. C) The printing of paper money without restrictions, resulting in hyperinflation. D) The Argentina government budget deficit was out of control - government spending continued to increased but tax receipts did not.
Which of the following is not one of the overarching themes of the book?
a. learning to learn from experience b. taking a holistic approach that includes cognition, emotion, and context c. developing a global mind-set d. expanding your use of OB terminology e. developing OB expertise