Exam 9: Managerial Decision Making
Exam 1: Innovative Management for a Changing World177 Questions
Exam 2: The Evolution of Management Thinking155 Questions
Exam 3: The Environment and Corporate Culture167 Questions
Exam 4: Managing in a Global Environment157 Questions
Exam 5: Managing Ethics and Social Responsibility153 Questions
Exam 6: Managing Small Business Start Ups136 Questions
Exam 7: Managerial Planning and Goal Setting146 Questions
Exam 8: Strategy Formulation and Execution138 Questions
Exam 9: Managerial Decision Making173 Questions
Exam 10: Designing Adaptive Organizations201 Questions
Exam 11: Managing Change and Innovation163 Questions
Exam 12: Managing Human Resources151 Questions
Exam 13: Managing Diversity105 Questions
Exam 14: Understanding Individual Behavior130 Questions
Exam 15: Leadership153 Questions
Exam 16: Motivating Employees174 Questions
Exam 17: Managing Communication138 Questions
Exam 18: Leading Teams154 Questions
Exam 19: Managing Quality and Performance153 Questions
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_____ is a vital part of good management because decisions determine how the organization solves its problems, allocates resources, and accomplishes its goals.
(Multiple Choice)
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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.
(Multiple Choice)
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Which of the following is a choice made from available alternatives?
(Multiple Choice)
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Once the desired alternative is developed, it should be _____.
(Multiple Choice)
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Which of the following is the process of forming alliances among managers during the decision making process?
(Multiple Choice)
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The classical decision making model assumes that the decision-maker is rational, and makes the optimal decision each time.
(True/False)
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Research has identified four major decision styles. These include all of the following except _____.
(Multiple Choice)
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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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A(n) _____ approach describes how managers actually make decisions, not how they should.
(Short Answer)
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Brainwriting refers to the tendency of people in groups to suppress contrary opinions.
(True/False)
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CASE
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?
(Multiple Choice)
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Brainstorming uses a face-to-face interactive group to spontaneously suggest a wide range of alternatives for decision making.
(True/False)
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The main difference between risk and uncertainty is that with risk you know the probabilities of the outcomes.
(True/False)
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Under conditions of _____, statistical analyses are useful.
(Multiple Choice)
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Feedback is the part of monitoring that assesses whether a new decision needs to made.
(True/False)
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Managers with an analytical decision style like to consider complex solutions based on as much data as they can gather.
(True/False)
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The ability to make _____ decisions is a critical skill in today's fast-moving organizations.
(Multiple Choice)
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