Question 1

Showing disregard for social responsibility,and a willingness to engage in and cover up unethical and illegal behaviour is known as a(n):

Accepted Answer

A) Obstructionist approach 
B) Defensive approach 
C) Accommodative approach 
D) Proactive approach 
E) Distributive approach 
A) Obstructionist approach 
B) Defensive approach 
C) Accommodative approach 
D) Proactive approach 
E) Distributive approach

Question 2

Nonprogrammed decision making occurs when:

Accepted Answer

A) The decision question is routine 
B) The decision can be made automatically 
C) Rules and policies can be used to make the decision 
D) The outcomes of the alternatives can be known 
E) There are no ready-made decision rules that managers can apply to a situation. 
A) The decision question is routine 
B) The decision can be made automatically 
C) Rules and policies can be used to make the decision 
D) The outcomes of the alternatives can be known 
E) There are no ready-made decision rules that managers can apply to a situation.

Question 3

The premise of the classical or rational model is that once managers recognize the need to make a decision they should be able to generate a complete list of alternatives and consequences,from which they can make the best choice.

Accepted Answer

A) True 
 B)False

Question 4

Describe what is meant by the recency effect and provide an example to illustrate this bias.

Accepted Answer

The recency effect refers to the error o

Question 5

The cognitive limitations that constrain one's ability to interpret,process,and act on information is known as:

Accepted Answer

A) Bounded rationality 
B) Satisficing 
C) Prior hypothesis bias 
D) Groupthink 
E) Dialectic inquiry 
A) Bounded rationality 
B) Satisficing 
C) Prior hypothesis bias 
D) Groupthink 
E) Dialectic inquiry

Question 6

Creativity is at the heart of organizational learning.

Accepted Answer

A) True 
 B)False

Question 7

Discuss the assumptions that underlie the classical or rational model of decision making.

Accepted Answer

The assumptions that underlie the classi

Question 8

The administrative model recognizes that decision makers act under the following circumstances,EXCEPT:

Accepted Answer

A) with incomplete information 
B) with bounded rationality 
C) with a tendency to satisfice 
D) with time constraints 
E) with the best interests of the organization in mind 
A) with incomplete information 
B) with bounded rationality 
C) with a tendency to satisfice 
D) with time constraints 
E) with the best interests of the organization in mind

Question 9

The administrative model was developed by March and Simon.

Accepted Answer

A) True 
 B)False

Question 10

Codes of ethics are formal standards and rules that managers use to make decisions in the best interests of their stakeholders.

Accepted Answer

A) True 
 B)False

Question 11

According to the text,when Richard Branson launched the Pulse MP3 to compete with Apple's iPod,this was an example of:

Accepted Answer

A) systematic errors 
B) representative bias 
C) escalating commitment 
D) illusion of control and overconfidence bias 
E) prior hypothesis bias 
A) systematic errors 
B) representative bias 
C) escalating commitment 
D) illusion of control and overconfidence bias 
E) prior hypothesis bias

Question 12

A cognitive bias resulting from the tendency to generalize inappropriately from a small sample or from a single vivid event or episode is known as:

Accepted Answer

A) systematic errors 
B) representative bias 
C) escalating commitment 
D) recency effect 
E) prior hypothesis bias 
A) systematic errors 
B) representative bias 
C) escalating commitment 
D) recency effect 
E) prior hypothesis bias

Question 13

Which of the following is one of the criteria used by managers to evaluate the pros and cons of alternative courses of action,EXCEPT?

Accepted Answer

A) Legal 
B) Ethical 
C) Practical 
D) Economical 
E) Stakeholder 
A) Legal 
B) Ethical 
C) Practical 
D) Economical 
E) Stakeholder

Question 14

It is the responsibility of middle managers to implement the chosen alternative.

Accepted Answer

A) True 
 B)False

Question 15

Decision making is done every time a manager plans,organizes,directs,or controls organizational activities.

Accepted Answer

A) True 
 B)False

Question 16

Managers with the analytic style are rational in their way of thinking and have a low tolerance for ambiguity.

Accepted Answer

A) True 
 B)False

Question 17

Being proactive in terms of social responsibility includes thinking beyond what the law requires.

Accepted Answer

A) True 
 B)False

Question 18

Searching for and choosing an acceptable,or satisfactory response to problems and opportunities,rather than trying to make the best decision,is known as:

Accepted Answer

A) Bounded rationality 
B) Satisficing 
C) Prior hypothesis bias 
D) Groupthink 
E) Dialectic inquiry 
A) Bounded rationality 
B) Satisficing 
C) Prior hypothesis bias 
D) Groupthink 
E) Dialectic inquiry

Question 19

Rules of thumb that simplify decision making are known as:

Accepted Answer

A) systematic errors 
B) representative bias 
C) heuristics 
D) illusion of control and overconfidence bias 
E) prior hypothesis bias 
A) systematic errors 
B) representative bias 
C) heuristics 
D) illusion of control and overconfidence bias 
E) prior hypothesis bias

Question 20

Decision making has all but which of the following characteristics?

Accepted Answer

A) It is a process that only managers embark upon 
B) It is a process to respond to opportunities and threats 
C) It is a process of analyzing options 
D) It is a process of making determinations about courses of action 
E) It is a process of making determinations about organizational goals 
A) It is a process that only managers embark upon 
B) It is a process to respond to opportunities and threats 
C) It is a process of analyzing options 
D) It is a process of making determinations about courses of action 
E) It is a process of making determinations about organizational goals

Showing disregard for social responsibility,and a willingness to engage in and cover up unethical and illegal behaviour is known as a(n):

Nonprogrammed decision making occurs when:

The premise of the classical or rational model is that once managers recognize the need to make a decision they should be able to generate a complete list of alternatives and consequences,from which they can make the best choice.

Describe what is meant by the recency effect and provide an example to illustrate this bias.

The cognitive limitations that constrain one's ability to interpret,process,and act on information is known as:

Creativity is at the heart of organizational learning.

Discuss the assumptions that underlie the classical or rational model of decision making.

The administrative model recognizes that decision makers act under the following circumstances,EXCEPT:

The administrative model was developed by March and Simon.

Codes of ethics are formal standards and rules that managers use to make decisions in the best interests of their stakeholders.

According to the text,when Richard Branson launched the Pulse MP3 to compete with Apple's iPod,this was an example of:

A cognitive bias resulting from the tendency to generalize inappropriately from a small sample or from a single vivid event or episode is known as:

Which of the following is one of the criteria used by managers to evaluate the pros and cons of alternative courses of action,EXCEPT?

It is the responsibility of middle managers to implement the chosen alternative.

Decision making is done every time a manager plans,organizes,directs,or controls organizational activities.

Managers with the analytic style are rational in their way of thinking and have a low tolerance for ambiguity.

Being proactive in terms of social responsibility includes thinking beyond what the law requires.

Searching for and choosing an acceptable,or satisfactory response to problems and opportunities,rather than trying to make the best decision,is known as:

Rules of thumb that simplify decision making are known as:

Decision making has all but which of the following characteristics?

Managers and Managing

Managing the Organizational Environment

Managing Planning and Strategy

Managing Organizational Structure

Managing Communication and Information Technology IT

Managing Human Resources

Managing Motivation

Managing Leadership

Managing Teams

Managing Control and Operations

Managing Change

Filters

Exam 3: Managing Decision Making

Showing disregard for social responsibility,and a willingness to engage in and cover up unethical and illegal behaviour is known as a(n):

Nonprogrammed decision making occurs when:

The premise of the classical or rational model is that once managers recognize the need to make a decision they should be able to generate a complete list of alternatives and consequences,from which they can make the best choice.

Describe what is meant by the recency effect and provide an example to illustrate this bias.

The cognitive limitations that constrain one's ability to interpret,process,and act on information is known as:

Creativity is at the heart of organizational learning.

Discuss the assumptions that underlie the classical or rational model of decision making.

The administrative model recognizes that decision makers act under the following circumstances,EXCEPT:

The administrative model was developed by March and Simon.

Codes of ethics are formal standards and rules that managers use to make decisions in the best interests of their stakeholders.

According to the text,when Richard Branson launched the Pulse MP3 to compete with Apple's iPod,this was an example of:

A cognitive bias resulting from the tendency to generalize inappropriately from a small sample or from a single vivid event or episode is known as:

Which of the following is one of the criteria used by managers to evaluate the pros and cons of alternative courses of action,EXCEPT?

It is the responsibility of middle managers to implement the chosen alternative.

Decision making is done every time a manager plans,organizes,directs,or controls organizational activities.

Managers with the analytic style are rational in their way of thinking and have a low tolerance for ambiguity.

Being proactive in terms of social responsibility includes thinking beyond what the law requires.

Searching for and choosing an acceptable,or satisfactory response to problems and opportunities,rather than trying to make the best decision,is known as:

Rules of thumb that simplify decision making are known as:

Decision making has all but which of the following characteristics?

Managers and Managing

Managing the Organizational Environment

Managing Planning and Strategy

Managing Organizational Structure

Managing Communication and Information Technology IT

Managing Human Resources

Managing Motivation

Managing Leadership

Managing Teams

Managing Control and Operations

Managing Change

Filters