V185 FINAL EXAM STUDY GUIDE LATEST UPDATED RATED A.

V185 FINAL EXAM STUDY GUIDE LATEST UPDATED RATED A.
What is satisficing?
✔✔Choosing a "good enough" alternative
What is incrementalism? What are the advantages and disadvantages of
this approach to decision-making?
✔✔Series of decisions with modest changes, status quo then small
changes
Pros - Less risk, more consistent
Cons - Takes forever, loss of focus
What are punctuated equilibriums, and how is this concept related to
incrementalism?
✔✔Change happens incrementally, but major change happens when
focused on one problem. Pays too little attention, breaking point, BAM
focus problem
How does the garbage can model of decision-making posit that decisionmakers approach problem solving?
✔✔Decision makers are as likely to start making a decision from the
solution side as the problem side
What is groupthink?
✔✔Group's desire for harmony outweighs actually ideas