AS 474 UPDATED ACTUAL QUESTIONS AND CORRECT
ANSWERS
Question:
1. Which group makes better decisions?
a) Expert Groups
b) Homogenous Groups
c) Diverse Groups
Answer:
c) Diverse Groups
Question:
2. Who coined the concept of "Wisdom of Crowds?"
a) Surowiecki
b) Klieger
c) Galton
Answer:
a) Surowiecki
Question:
3. What is the basic premise of "Wisdom of Crowds?"
a) Large groups potentially smarter than smartest person
in any expert group.
b) Smaller, elite groups exhibit more intelligence than
larger groups
c) Accumulation of knowledge by individuals leads to
better decision making than larger groups.
Answer:
a) Large groups potentially smarter than smartest person in any expert group
Question:
4. What is the primary reservation about "Wisdom of
Crowds?"
a) Large group determinations slower than decisions
made by experts
b) Experts' contributions cannot be ignored
c) Danger of group not being diverse
Answer:
b) Expert's contributions cannot be ignored
,Question:
5. Which is NOT one of the four conditions necessary for a
crowd to be suitable for making an intellectual majority
decision?
a) Diversity of Opinions
b) Aggregation of Information
c) Independence of Judgments
d) Most Members Experts
Answer:
d) Most Members Experts
Question:
6. What is the definition of "Pejorative?"
a) Complimentary expression
b) Word of encouragement
c) Negative Connotation
Answer:
c) Negative Connotation
Question:
7. Who coined the term "Groupthink?"
a) Senator Pat Roberts
b) William Safire
c) William H. Whyte
Answer:
c) William H. Whyte
Question:
8. What is the definition of "Groupthink?"
a) Group values conflicting opinions
b) Group pressures members to conform
c) Group desires consensus
Answer:
b) Group pressures members to conform
Question:
9. How many total absences (for any reason) are you
allowed without penalty?
a) 7
b) 6
c) 5
Answer:
c) 5
, Question:
10. Is late homework accepted?
a) Yes
b) Yes, but not for full credit
c) No
d) No, but maybe with extra convincing
Answer:
b) Yes, but not for full credit
Question:
11. What does A&D stand for (Aviation Week Article)?
a) Aviation & Development Industry
b) Aerospace & Defense Industry
c) Automotive and Design Industry
Answer:
b) Aerospace & Defense Industry
Question:
12. What critical changes are occurring across the A&D
Industry (Aviation Week Article)?
a) Mergers and Acquisitions
b) Recession and Depression
c) Severe Pilot Shortages
Answer:
a) Mergers and Acquisitions
Question:
13. Demand for highly skilled workers has increased to levels
not seen since the 1960s (Aviation Week Article).
True or False?
Answer:
True
Question:
14. Article mentions 34% of employees are engaged in
"reskilling." What is that?
a) Training to move to a different company.
b) Training to improve performance
c) Training to learn a different job
Answer:
c) Training to learn a different job
ANSWERS
Question:
1. Which group makes better decisions?
a) Expert Groups
b) Homogenous Groups
c) Diverse Groups
Answer:
c) Diverse Groups
Question:
2. Who coined the concept of "Wisdom of Crowds?"
a) Surowiecki
b) Klieger
c) Galton
Answer:
a) Surowiecki
Question:
3. What is the basic premise of "Wisdom of Crowds?"
a) Large groups potentially smarter than smartest person
in any expert group.
b) Smaller, elite groups exhibit more intelligence than
larger groups
c) Accumulation of knowledge by individuals leads to
better decision making than larger groups.
Answer:
a) Large groups potentially smarter than smartest person in any expert group
Question:
4. What is the primary reservation about "Wisdom of
Crowds?"
a) Large group determinations slower than decisions
made by experts
b) Experts' contributions cannot be ignored
c) Danger of group not being diverse
Answer:
b) Expert's contributions cannot be ignored
,Question:
5. Which is NOT one of the four conditions necessary for a
crowd to be suitable for making an intellectual majority
decision?
a) Diversity of Opinions
b) Aggregation of Information
c) Independence of Judgments
d) Most Members Experts
Answer:
d) Most Members Experts
Question:
6. What is the definition of "Pejorative?"
a) Complimentary expression
b) Word of encouragement
c) Negative Connotation
Answer:
c) Negative Connotation
Question:
7. Who coined the term "Groupthink?"
a) Senator Pat Roberts
b) William Safire
c) William H. Whyte
Answer:
c) William H. Whyte
Question:
8. What is the definition of "Groupthink?"
a) Group values conflicting opinions
b) Group pressures members to conform
c) Group desires consensus
Answer:
b) Group pressures members to conform
Question:
9. How many total absences (for any reason) are you
allowed without penalty?
a) 7
b) 6
c) 5
Answer:
c) 5
, Question:
10. Is late homework accepted?
a) Yes
b) Yes, but not for full credit
c) No
d) No, but maybe with extra convincing
Answer:
b) Yes, but not for full credit
Question:
11. What does A&D stand for (Aviation Week Article)?
a) Aviation & Development Industry
b) Aerospace & Defense Industry
c) Automotive and Design Industry
Answer:
b) Aerospace & Defense Industry
Question:
12. What critical changes are occurring across the A&D
Industry (Aviation Week Article)?
a) Mergers and Acquisitions
b) Recession and Depression
c) Severe Pilot Shortages
Answer:
a) Mergers and Acquisitions
Question:
13. Demand for highly skilled workers has increased to levels
not seen since the 1960s (Aviation Week Article).
True or False?
Answer:
True
Question:
14. Article mentions 34% of employees are engaged in
"reskilling." What is that?
a) Training to move to a different company.
b) Training to improve performance
c) Training to learn a different job
Answer:
c) Training to learn a different job