Question 1

According to the administrative model of decision making, goals often are vague, conflicting, and lack consensus among managers.

Accepted Answer

A) True 
 B)False

Question 2

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

Accepted Answer

The answer of In many respects, the ____________________ model represents...

Question 3

Ambiguity refers to a situation where the goals to be achieved or the problem to be solved is unclear, alternatives are difficult to define, and information about outcome is unavailable.

Accepted Answer

A) True 
 B)False

Question 4

Programmed and structured are the two classifications of management decisions.

Accepted Answer

A) True 
 B)False

Question 5

Describe the five leader decision styles identified by Vroom and Jago.

Accepted Answer

The five styles range from highly autocr

Question 6

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

Accepted Answer

The answer of A(n) ____________________ occurs when organizational accomplishment is...

Question 7

Intuition is based on __________, but lacking in __________.

Accepted Answer

A)  conscious thought, practicality 
B)  experience, applicability 
C)  a solid analysis, applicability 
D)  experience, conscious thought 
E)  thought-process, guts 
A)  conscious thought, practicality 
B)  experience, applicability 
C)  a solid analysis, applicability 
D)  experience, conscious thought 
E)  thought-process, guts

Question 8

"When did it occur" and "how did it occur" are questions associated with which step of the decision making process?

Accepted Answer

A)  Diagnosis and analysis of causes 
B)  Recognition of decision requirement 
C)  Development of alternatives 
D)  Selection of desired alternative 
E)  None of these 
A)  Diagnosis and analysis of causes 
B)  Recognition of decision requirement 
C)  Development of alternatives 
D)  Selection of desired alternative 
E)  None of these

Question 9

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

Accepted Answer

A)  behavioral 
B)  conceptual 
C)  directive 
D)  analytical 
E)  classical 
A)  behavioral 
B)  conceptual 
C)  directive 
D)  analytical 
E)  classical

Question 10

Briefly describe the assumptions underlying the classical model of decision making.

Accepted Answer

The classical model of decision making i

Question 11

A normative decision making model defines how a manager ____________________ make decisions.

Accepted Answer

The answer of A normative decision making model defines how...

Question 12

____________________ means that decision-makers choose the first solution alternative that satisfies minimal decision criteria.

Accepted Answer

The answer of ____________________ means that decision-makers choose the first...

Question 13

A risk taker

Accepted Answer

A)  takes many chances. 
B)  will always try to increase his/her return by choosing a riskier alternative. 
C)  will select an alternative with a low probability of success if the expected payout is higher. 
D)  all of these. 
E)  will always try to increase his/her return by choosing a riskier alternative and will select an alternative with a low probability of success if the expected payout is higher. 
A)  takes many chances. 
B)  will always try to increase his/her return by choosing a riskier alternative. 
C)  will select an alternative with a low probability of success if the expected payout is higher. 
D)  all of these. 
E)  will always try to increase his/her return by choosing a riskier alternative and will select an alternative with a low probability of success if the expected payout is higher.

Question 14

Associated with the condition of __________ is the lowest possibility of failure.

Accepted Answer

A)  ambiguity 
B)  uncertainty 
C)  certainty 
D)  risk 
E)  all of these 
A)  ambiguity 
B)  uncertainty 
C)  certainty 
D)  risk 
E)  all of these

Question 15

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

Accepted Answer

A)  technological decisions. 
B)  collective intuition. 
C)  decision learning. 
D)  team delay. 
E)  escalating commitment. 
A)  technological decisions. 
B)  collective intuition. 
C)  decision learning. 
D)  team delay. 
E)  escalating commitment.

Question 16

__________ 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.

Accepted Answer

A)  Certainty 
B)  Risk 
C)  Uncertainty 
D)  Ambiguity 
E)  Brainstorming 
A)  Certainty 
B)  Risk 
C)  Uncertainty 
D)  Ambiguity 
E)  Brainstorming

Question 17

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

Accepted Answer

A)  normative 
B)  administrative 
C)  descriptive 
D)  classical 
E)  political 
A)  normative 
B)  administrative 
C)  descriptive 
D)  classical 
E)  political

Question 18

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

Accepted Answer

A)  programmed decision. 
B)  unique approach. 
C)  condition of ambiguity. 
D)  nonprogrammed decision. 
E)  none of these. 
A)  programmed decision. 
B)  unique approach. 
C)  condition of ambiguity. 
D)  nonprogrammed decision. 
E)  none of these.

Question 19

Managers are often referred to as

Accepted Answer

A)  decision makers. 
B)  peace makers. 
C)  conflict creators. 
D)  unnecessary layer of employees. 
E)  profit suppressor. 
A)  decision makers. 
B)  peace makers. 
C)  conflict creators. 
D)  unnecessary layer of employees. 
E)  profit suppressor.

Question 20

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.

Accepted Answer

A) True 
 B)False

Exam 9: Managerial Decision Making

According to the administrative model of decision making, goals often are vague, conflicting, and lack consensus among managers.

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

Ambiguity refers to a situation where the goals to be achieved or the problem to be solved is unclear, alternatives are difficult to define, and information about outcome is unavailable.

Programmed and structured are the two classifications of management decisions.

Describe the five leader decision styles identified by Vroom and Jago.

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

Intuition is based on __________, but lacking in __________.

"When did it occur" and "how did it occur" are questions associated with which step of the decision making process?

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

Briefly describe the assumptions underlying the classical model of decision making.

A normative decision making model defines how a manager ____________________ make decisions.

____________________ means that decision-makers choose the first solution alternative that satisfies minimal decision criteria.

A risk taker

Associated with the condition of __________ is the lowest possibility of failure.

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

__________ 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.

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

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

Managers are often referred to as

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.

Managing in Turbulent Times

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Ethics and Social Responsibility

Managing Small Business Start-Ups

Managerial Planning and Goal Setting

Strategy Formulation and Implementation

Designing Adaptive Organizations

Managing Change and Innovation

Human Resource Management

Meeting the Challenge of Diversity

Dynamics of Behavior in Organizations

Leadership

Motivation

Communication

Teamwork

Managerial and Quality Control

Information Technology and E-Business

Operations and Value Chain Management

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Intuition is based on , but lacking in .