Exam 6: Managerial Decision Making

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The process of forming alliances among managers is called coalition building.

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When managers know which goals they wish to achieve, but information about alternatives and future events is incomplete, the condition of ________exists.

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Briefly describe the four major personal decision styles.

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The________ model of decision making describes how managers actually makes decisions in situations characterized by nonprogrammed decisions, uncertainty, and ambiguity.

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The________ stage involves the use of managerial, administrative, and persuasive abilities to ensure that the chosen alternative is carried out.

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The four positions on the possibility of failure scale include certainty, risk, ambiguity, and________ .

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Managers are often referred to as:

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The________ step in the decision making process involves using managerial, administrative, and persuasive abilities to translate the chosen alternative into action.

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Which of the following means that the goals to be achieved or the problem to be solved is unclear, alternatives are difficult to define, and information about outcomes is unavailable?

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Which of the following means that all the information the decision-maker needs is fully available?

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People with an________ style usually are concerned with the personal development of others and may make decisions that help others achieve their goals.

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Which of the following is the first step in the managerial decision making process?

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Most people underestimate their ability to predict uncertain outcomes.

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________is important because decision making is a continuous, never ending process.

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A decision is a choice made from available alternatives.

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The growth of quantitative decision techniques that use computers has reduced the use of the classical approach.

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Jefferson Inc. is an information technology consulting firm located in Washington D.C. Decisions at Jefferson are complex and involve many people, with a significant amount of disagreement and conflict. Which decision-making model fits best for this organization?

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Melissa is a manager at InStylez Clothing. Her job is very complex and she feels that she does not have enough time to identify and/or process all the information she needs to make decisions. Melissa's situation is most consistent with which of the following concepts?

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For a programmed decision:

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Which model of decision making is associated with satisficing, bounded rationality, and uncertainty?

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