Exam 8: Decision Making and Problem Solving

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One basis for making programmed decisions is

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Nonprogrammed decisions require managers to use ____________ rather than ___________.

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The fourth step of the creative process is ___________.

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​Match each of the following situations with the concept it most clearly illustrates. -satisficing

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Decision making is

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A crucial assumption of the behavioral approach to decision-making is that decision makers operate with bounded rationality rather than with the perfect rationality assumed by the rational approach.

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The behavioral approach to decision-making is characterized by all of the following EXCEPT

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Satisficing refers to making a(n) _________ rather than _________ decision.

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The information needed to make a programmed decision is ________ available, and the problem is ___________ structured.

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The decision maker who lacks enough information to estimate the probability of outcomes faces a condition of certainty.

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The creative process normally begins with a period of ____.

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Decision making is choosing one alternative from among several.

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The Delphi technique is a useful way to gather opinions from experts who

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It is possible for the same decision to be ____________ for an experienced manager but ___________ for a more junior manager.

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What information condition lies between certainty and uncertainty in making decisions?

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The risk of groupthink may be curbed by increasing the ____________ of senior management.

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According to the rational decision-making approach, what is the third step of the decision-making process?

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Decision rules are used to make programmed decisions.

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Discuss the factors that make a person more creative.Analyze your own approach to decision making based on these factors.

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When ______________ arises, a decision maker questions the decision made and searches for information to bolster it.

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