Exam 9: Managerial Decision Making

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Managers confront a decision requirement in the form of either a problem or an opportunity.

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The Vroom-Jago model

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People who prefer simple, clear-cut solutions to problems use the directive style.

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Gary Klein, a cognitive psychologist, has found that intuition begins with ____________________.

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Normative means it defines how a decision maker should make decisions.

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The condition under which ambiguity occurs include

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For a programmed decision,

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The ____________________ stage involves the use of managerial, administrative, and persuasive abilities to ensure that the chosen alternative is carried out.

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Once the problem or opportunity has been recognized and analyzed, the decision-maker should implement the alternative.

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Managers can use the Vroom-Jago model to make __________ decisions.

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Under conditions of ____________________, managers know what goal they wish to achieve, but information about alternatives and future events is incomplete.

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Which of these decisions are associated with decision rules?

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

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The administrative model closely resembles the real environment in which most managers and decision makers operate.

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All of the following are characteristics of classical decision making model EXCEPT

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____________________ represents a quick apprehension of a decision situation based on past experience but without conscious thought.

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Nonprogrammed decisions are made in response to situations that are

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Once the desired alternative is selected, it should be

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__________ is the last step in the decision making process.

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When a small community hospital decides to add a radiation therapy unit, it is considered as a

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