QUESTION 1

1. The Rational Model describes a logical path to making optimal decisions. Why are there competing theories?
2. a.These other theories outline more details of the deductive reasoning (i.e., logical) process specifically for business decisions.
3. b.While nice in theory, the rational model does not describe the way that people actually make decisions, so more descriptive models were needed.
4. c.The Rational Model doesn't help in routine or tactical situations.
5. d.It not true that people aren't rational and, therefore, they actually do use this model. The other theories only explain very specific decisions.

1 points

QUESTION 2

1. Despite recommending that readers skim the Introduction (Theory) and Middle (Hypothesis Development) and Results (Outcomes) parts of a research article, the authors of the text suggest that the Methodology section be read in its entirety. Why?
2. a.Learning about the methods employed will help the reader establish the extent to which the conclusions should be trusted.
3. b.How things are studied are more important than what things are studied.
4. c.Peer reviewed research assumes that the reader has a good understanding of the theory and hypotheses, but methods vary.
5. d.The Results section is usually full of incomprehensible statistical formulas.

2 points

QUESTION 3

1. What sets Influencing Outcomes (Rosenzweig's 'Second Field') apart from the other decision types?
2. a.The complexity of the process involves multiple moving parts (competitors, suppliers, business environments, etc.) making it more difficult to understand.
3. b.Unlike theRoutinetypes of decisions, Actions the decision maker take can alter the outcome.
4. c.Success is measured relative to the success of others (basic competition).
5. d.Control and Performance are balanced when one can influence a decision.

1 points

QUESTION 4

1. Which of the following must be present before a decision maker should conclude that a cause-and-effect relationship exists between two things (e.g. that X causes Y)?
2. a.There must be a plausible theory to explain the relationship.
3. b.If X causes Y, then X must occur (change) before Y.
4. c.There must be concomitant variation. When X changes, Y must change in a predictable manner.
5. d.There can be no other more practical explanation of why Y changes (through either intervening or background variables)
6. e.All of the above