Exam 6: Managerial Decision Making

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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 classical model of decision making,which of these assumptions would he reject?

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As a top manager,Joanna works with others within her team every day in making important corporate decisions. Her preferred decision-making approach is to generate as many alternatives to problems as possible in a short amount of time. This approach is referred to as:

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Which of these assumptions are included in the classical model of decision making?

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____________________ decisions involve situations that have occurred often enough to enable decision rules to be developed and applied in the future.

(Short Answer)
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____ is the approach that defines how a decision maker should make decisions and provides guidelines for reaching an ideal outcome for the organization.

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Which of the following is a decision-making technique in which people are assigned to express competing points of view?

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All of these are basic assumptions of the political model EXCEPT

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People with a(n)____ style usually are concerned with the personal development of others and may make decisions that help others achieve their goals.

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Rodney doesn't always realize that within his role as an air traffic controller,he must continuously perceive and process information based on knowledge and experience that he is not consciously aware of. This describes what type of decision-making?

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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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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.

(True/False)
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List four of the eight questions Kepner and Tregoe recommend that managers ask when diagnosing and analyzing causes.

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Compare decision conditions of certainty,risk,uncertainty,and ambiguity.

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The tendency of organizations to invest time and money in a solution despite strong evidence that is not appropriate is referred to as

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If your instructor has an attendance policy,she/he is using a(n)

(Multiple Choice)
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Shirley works in the human resource department at Turtle Shells,Inc.She believes she is seeing an increase in drinking problems among the workforce.She thinks she needs to investigate further.She is at what stage of the managerial decision making process?

(Multiple Choice)
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The ability to make ____ decisions is a critical skill in today's fast-moving organizations.

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Uncertainty means that a decision has clear-cut goals,and that good information is available,but the future outcomes associated with each alternative are subject to chance.

(True/False)
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The __________ model of decision-making is useful for making nonprogrammed decisions when conditions are uncertain,information is limited,and there are managerial conflicts about what goals to pursue or what course of action to take.

(Multiple Choice)
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Decision making is easy,given that everybody makes decisions everyday.

(True/False)
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