Exam 6: Managerial Decision Making

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Under conditions of ________, managers know what goal they wish to achieve, but information about alternatives and future events is incomplete.

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Individuals with a conceptual decision-making style are more socially oriented than those with an analytical style.

(True/False)
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An ________occurs when organizational accomplishment is less than established goals.

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Managers confront a decision requirement in the form of either a problem or an opportunity.

(True/False)
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________is by far the most difficult situation for a decision-maker.

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Which approach defines how a decision-maker should make decisions?

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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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The recognition of the decision requirement step in the managerial decision making process requires managers to:

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The best alternative is the one in which the solution best fits the overall goals and values of the organization and achieves the desired results using the fewest resources.

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Briefly describe the assumptions underlying the classical model of decision making.

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All of these are basic assumptions of the political model except:

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Scenario - Vaughn Bately Vaughn Bately manages a group of eight electrical engineers at Defiance Designs. His team is highly trained and well respected by experts both inside and outside the company. Recently one of Vaughn's engineers suggested a new technique for the development and use of an argon laser. There appeared to be rich potential for this technology, but Vaughn wasn't certain that developing this technology was the best use of his limited resources. Vaughn was facing a significant decision. -If Vaughn uses the administrative model of decision making, which of these assumptions would he reject?

(Multiple Choice)
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________is the process of forming alliances among managers.

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________represents a quick apprehension of a decision situation based on past experience but without conscious thought.

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The ________model of decision making is most valuable when applied to________ .

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Intuition is a quick apprehension of a decision situation based on past experience but without conscious thought.

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The most effective managers are consistent in using their own decision style rather than shifting among styles.

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People who prefer simple, clear-cut solutions to problems use the directive style.

(True/False)
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Good intuitive decision making is based on an ability to recognize patterns at lightning speed.

(True/False)
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List and describe the four basic assumptions of the political model.

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