Exam 6: Managerial Decision Making

A problem is a situation that, when acted upon, could benefit the organization.

In the economic person model, the decision maker is willing to accept an alternative that is minimally sufficient in meeting the goal.

Which of the following attributes is not part of the administrative person model?

Simon's _____________________ model is descriptive in that it describes how managers actually make decisions.

Which of the following is not considered an advantage of participative decision making?

When the best means are selected to achieve a given end, the decision is said to be which of the following?

If members are called upon to implement a marketing strategy, their __________ to the chosen strategy becomes critical.

Which of the following is not part of Vroom's attributes of decision styles?

According to Vroom, when the situation dictates that more than one style or method of decision making would be appropriate, one should choose the method that is most participative in nature.

The emphasis in decision making as a cognitive process is on which of the following?

A decision is said to be __________________ when the best means are selected to achieve a given end.

_____________________ is the amount of quality information and knowledge a person has in relation to a problem at hand.

A _____________________ decision is one made by applying decision rules in response to recurring situations or problems.

According to the implicit favorite model of decision making, once the decision maker has identified the implicit favorite, the subsequent processes are said to be geared to _____________________ the favorite choice.

In Simon's administrative person model, the decision maker is prepared to _____________________ rather than maximize.

Prospective student-athletes often employ which of the following measures of decision making when choosing a particular college or university to attend?

All of the following are steps in the implicit favorite model of decision making except:

A programmed decision differs from a nonprogrammed decision in that a nonprogrammed decision applies decision rules in response to recurring problems.

When a leader shares a problem with all members of a group, takes their views into account, and then makes a decision alone, that leader uses which of the following decision styles?

__________ is tendency for decision makers to persist with failing courses of action, sometimes because resources have already been allocated to such a course of action.