Exam 6: Managerial Decision Making

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List the three guidelines of innovative group decision-making in today's businesses.

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Programmed decisions are decisions that are made for situations that have occurred often in the past and allow decision rules to be developed to guide future decisions.

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A(n)____________________ approach describes how managers actually make decisions,not how they should.

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The step in the decision making process in which managers analyze the underlying causal factors associated with the situation is called ____________________.

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A(n)____________________ occurs when organizational accomplishment is less than established goals.

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In the implementation stage,decision makers gather information that tells them how well the decision was implemented and whether it was effective in achieving its goals.

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For decisions made under conditions of low uncertainty,managers may develop only one or two custom solutions that will satisfice for handling the problem.

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The ____________________ model of decision making is based on economic assumptions.

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Managers are considered as having ____ style,when they like to consider complex solutions based on as much data as they can gather.

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Nonprogrammed decisions require six steps,however,programmed decisions being structured and well understood require only one step.

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One area where speed is not particularly crucial is when an organization faces a crisis.

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____ is by far the most difficult situation for a decision-maker.

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In many respects,the ____________________ model represents an "ideal" model decision-making and can't usually be attained by real people in real organizations.

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According to Spotlight on Skills in Chapter 6,which of the following is not an idea for applying evidence-based decision making?

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____ decisions are associated with decision rules.

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When managers look for information that supports their existing instinct or point of view,avoiding information that contradicts it,they are justifying past decisions.

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Intuition is based on ____,but lacking in ____.

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Gerald's Groceries and Marty's Market decided to merge their operations.This would be considered a nonprogrammed decision.

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According to the administrative model of decision making,managers' searches for alternatives are limited because of human,information,and resource constraints.

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The condition under which ambiguity occurs is when:

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