Question 1

According to the administrative model, decision makers:

Accepted Answer

A)  use incomplete and imperfect information. 
B)  are never constrained by bounded rationality. 
C)  tend to avoid satisficing when making decisions. 
D)  are not limited by their values and unconscious reflexes while making decisions. 
E)  always act in the best interests of their organizations. 
A)  use incomplete and imperfect information. 
B)  are never constrained by bounded rationality. 
C)  tend to avoid satisficing when making decisions. 
D)  are not limited by their values and unconscious reflexes while making decisions. 
E)  always act in the best interests of their organizations.

Question 2

_____ is a behavioral process in which a decision maker stays with a decision even when it appears to be wrong.

Accepted Answer

A)  Bounded optimization 
B)  Escalation of commitment 
C)  Risk propensity 
D)  Strategic maximization 
E)  Intuitive rationality 
A)  Bounded optimization 
B)  Escalation of commitment 
C)  Risk propensity 
D)  Strategic maximization 
E)  Intuitive rationality

Question 3

_____ decisions deal with unique situations that have never occurred before.

Accepted Answer

Nonprogrammed
A nonprogrammed

Question 4

The model of decision making that is prescriptive and assumes that managers make rational and logical decisions is called the _____ model.

Accepted Answer

classical
The classical decision model i

Question 5

Delta Corp. introduced a new set of policies, giving its employees more flexibility in work timings. This decision was made in response to complaints from employees about fatigue. Which step of the rational decision-making process is illustrated in the scenario?

Accepted Answer

A)  Defining the situation 
B)  Evaluating the possible alternatives 
C)  Selecting the alternative 
D)  Implementing an alternative 
E)  Evaluating decision effectiveness 
A)  Defining the situation 
B)  Evaluating the possible alternatives 
C)  Selecting the alternative 
D)  Implementing an alternative 
E)  Evaluating decision effectiveness

Question 6

_____ is an innate belief about something without conscious consideration.

Accepted Answer

A)  Optimization 
B)  Intuition 
C)  Logic 
D)  Ethics 
E)  Risk propensity 
A)  Optimization 
B)  Intuition 
C)  Logic 
D)  Ethics 
E)  Risk propensity

Question 7

A disadvantage of using interacting groups to make decisions is that:

Accepted Answer

A)  it fosters political forces. 
B)  it discourages creativity. 
C)  it generates very few alternatives. 
D)  it involves more costs than all other group decision techniques. 
E)  it does not foster understanding between members. 
A)  it fosters political forces. 
B)  it discourages creativity. 
C)  it generates very few alternatives. 
D)  it involves more costs than all other group decision techniques. 
E)  it does not foster understanding between members.

Question 8

Sandra places orders for supplies for her bakery every month. This is an example of a(n) _____ decision.

Accepted Answer

programmed
This is an example

Question 9

Which of the following is an advantage of group decision making when compared to individual decision making?

Accepted Answer

A)  The group process is less expensive. 
B)  Groupthink is avoided. 
C)  Less time is consumed. 
D)  More alternatives are likely to be generated. 
E)  Political forces are completely eliminated. 
A)  The group process is less expensive. 
B)  Groupthink is avoided. 
C)  Less time is consumed. 
D)  More alternatives are likely to be generated. 
E)  Political forces are completely eliminated.

Question 10

Match the following numbered items with the most correct response letter.
A response may be used once, more than once, or not at all.
-In a fast-paced world, decisions are made quickly

Accepted Answer

A) Advantage of individual decision making 
B) Disadvantage of individual decision making 
C) Advantage of group decision making 
D) Disadvantage of group decision making 
A) Advantage of individual decision making 
B) Disadvantage of individual decision making 
C) Advantage of group decision making 
D) Disadvantage of group decision making

Question 11

For his work in developing the administrative model to describe how managers make decisions in the real world, Herbert Simon won the Nobel Prize in _____.

Accepted Answer

A)  Medicine 
B)  Economics 
C)  Peace 
D)  Psychology 
E)  Management 
A)  Medicine 
B)  Economics 
C)  Peace 
D)  Psychology 
E)  Management

Question 12

The administrative model of decision making argues that decision makers _____ while making decisions.

Accepted Answer

A)  use complete and perfect information 
B)  do not use intuition while making decisions 
C)  are constrained by bounded rationality 
D)  completely avoid escalation of commitment 
E)  use only instincts 
A)  use complete and perfect information 
B)  do not use intuition while making decisions 
C)  are constrained by bounded rationality 
D)  completely avoid escalation of commitment 
E)  use only instincts

Question 13

The _____ decision model is a prescriptive approach that tells managers how they should make decisions; it assumes that managers are logical and rational and that their decisions will be in the organization's best interests.

Accepted Answer

A)  behavioral 
B)  classical 
C)  administrative 
D)  bureaucratic 
E)  probabilistic 
A)  behavioral 
B)  classical 
C)  administrative 
D)  bureaucratic 
E)  probabilistic

Question 14

Which of the following statements is true in the context of decision making under a state of risk?

Accepted Answer

A)  The decision maker clearly knows the alternatives. 
B)  The decision maker uses probability estimates to assess alternatives. 
C)  The decision maker is least likely to choose a bad alternative. 
D)  The decision maker has an accurate understanding of payoffs of all the alternatives. 
E)  The decision maker seldom considers his or her past experience while making the decision. 
A)  The decision maker clearly knows the alternatives. 
B)  The decision maker uses probability estimates to assess alternatives. 
C)  The decision maker is least likely to choose a bad alternative. 
D)  The decision maker has an accurate understanding of payoffs of all the alternatives. 
E)  The decision maker seldom considers his or her past experience while making the decision.

Question 15

Behavioral aspects of decision making include political forces, _____, escalation of commitment, risk propensity, and ethics.

Accepted Answer

intuition
The behavioral aspec

Question 16

The rational decision-making process:

Accepted Answer

A)  begins when a decision maker chooses the best solution. 
B)  involves the evaluation of different alternatives. 
C)  ends when alternatives have been identified. 
D)  does not include the implementation of an alternative. 
E)  ends when a decision situation has been defined. 
A)  begins when a decision maker chooses the best solution. 
B)  involves the evaluation of different alternatives. 
C)  ends when alternatives have been identified. 
D)  does not include the implementation of an alternative. 
E)  ends when a decision situation has been defined.

Question 17

Match the following numbered items with the most accurate options.
A response may be used once, more than once, or not at all.
-A gut feeling

Accepted Answer

A) Coalition 
B) Intuition 
C) Escalation of commitment 
D) Risk propensity 
E) Satisficing 
A) Coalition 
B) Intuition 
C) Escalation of commitment 
D) Risk propensity 
E) Satisficing

Question 18

_____ is a situation that occurs when a group or team's desire for consensus and cohesiveness overwhelms its desire to reach the best possible decision.

Accepted Answer

A)  Groupthink 
B)  Groupshift 
C)  Brainstorming 
D)  Condorcet's paradox 
E)  Group polarization 
A)  Groupthink 
B)  Groupshift 
C)  Brainstorming 
D)  Condorcet's paradox 
E)  Group polarization

Question 19

A disadvantage of group decision making is that:

Accepted Answer

A)  groupthink may occur. 
B)  generation of different opinions does not occur. 
C)  communication may be curbed. 
D)  knowledge available is always limited. 
E)  only a few alternatives are likely to be generated. 
A)  groupthink may occur. 
B)  generation of different opinions does not occur. 
C)  communication may be curbed. 
D)  knowledge available is always limited. 
E)  only a few alternatives are likely to be generated.

Question 20

_____ is a concept suggesting that decision makers are limited by their values and unconscious reflexes, skills, and habits.

Accepted Answer

A)  Satisficing 
B)  Escalation of commitment 
C)  Risk propensity 
D)  Groupthink 
E)  Bounded rationality 
A)  Satisficing 
B)  Escalation of commitment 
C)  Risk propensity 
D)  Groupthink 
E)  Bounded rationality

According to the administrative model, decision makers:

_____ is a behavioral process in which a decision maker stays with a decision even when it appears to be wrong.

_____ decisions deal with unique situations that have never occurred before.

The model of decision making that is prescriptive and assumes that managers make rational and logical decisions is called the _____ model.

Delta Corp. introduced a new set of policies, giving its employees more flexibility in work timings. This decision was made in response to complaints from employees about fatigue. Which step of the rational decision-making process is illustrated in the scenario?

_____ is an innate belief about something without conscious consideration.

A disadvantage of using interacting groups to make decisions is that:

Sandra places orders for supplies for her bakery every month. This is an example of a(n) _____ decision.

Which of the following is an advantage of group decision making when compared to individual decision making?

Match the following numbered items with the most correct response letter. A response may be used once, more than once, or not at all. -In a fast-paced world, decisions are made quickly

For his work in developing the administrative model to describe how managers make decisions in the real world, Herbert Simon won the Nobel Prize in _____.

The administrative model of decision making argues that decision makers _____ while making decisions.

The _____ decision model is a prescriptive approach that tells managers how they should make decisions; it assumes that managers are logical and rational and that their decisions will be in the organization's best interests.

Which of the following statements is true in the context of decision making under a state of risk?

Behavioral aspects of decision making include political forces, _____, escalation of commitment, risk propensity, and ethics.

The rational decision-making process:

Match the following numbered items with the most accurate options. A response may be used once, more than once, or not at all. -A gut feeling

_____ is a situation that occurs when a group or team's desire for consensus and cohesiveness overwhelms its desire to reach the best possible decision.

A disadvantage of group decision making is that:

_____ is a concept suggesting that decision makers are limited by their values and unconscious reflexes, skills, and habits.

Understanding the Managers Job

The Environment of Organizations and Managers

Planning and Strategic Management

Entrepreneurship and New Venture Management

Organization Structure and Design

Organization Change and Innovation

Managing Human Resources in Organizations

Basic Elements of Individual Behavior in Organizations

Managing Employee Motivation and Performance

Leadership and Influence Processes

Communication in Organizations

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, Quality, and Productivity

Filters

Exam 4: Managing Decision Making

According to the administrative model, decision makers:

_____ is a behavioral process in which a decision maker stays with a decision even when it appears to be wrong.

_____ decisions deal with unique situations that have never occurred before.

The model of decision making that is prescriptive and assumes that managers make rational and logical decisions is called the _____ model.

Delta Corp. introduced a new set of policies, giving its employees more flexibility in work timings. This decision was made in response to complaints from employees about fatigue. Which step of the rational decision-making process is illustrated in the scenario?

_____ is an innate belief about something without conscious consideration.

A disadvantage of using interacting groups to make decisions is that:

Sandra places orders for supplies for her bakery every month. This is an example of a(n) _____ decision.

Which of the following is an advantage of group decision making when compared to individual decision making?

Match the following numbered items with the most correct response letter. A response may be used once, more than once, or not at all. -In a fast-paced world, decisions are made quickly

For his work in developing the administrative model to describe how managers make decisions in the real world, Herbert Simon won the Nobel Prize in _____.

The administrative model of decision making argues that decision makers _____ while making decisions.

The _____ decision model is a prescriptive approach that tells managers how they should make decisions; it assumes that managers are logical and rational and that their decisions will be in the organization's best interests.

Which of the following statements is true in the context of decision making under a state of risk?

Behavioral aspects of decision making include political forces, _____, escalation of commitment, risk propensity, and ethics.

The rational decision-making process:

Match the following numbered items with the most accurate options. A response may be used once, more than once, or not at all. -A gut feeling

_____ is a situation that occurs when a group or team's desire for consensus and cohesiveness overwhelms its desire to reach the best possible decision.

A disadvantage of group decision making is that:

_____ is a concept suggesting that decision makers are limited by their values and unconscious reflexes, skills, and habits.

Understanding the Managers Job

The Environment of Organizations and Managers

Planning and Strategic Management

Entrepreneurship and New Venture Management

Organization Structure and Design

Organization Change and Innovation

Managing Human Resources in Organizations

Basic Elements of Individual Behavior in Organizations

Managing Employee Motivation and Performance

Leadership and Influence Processes

Communication in Organizations

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, Quality, and Productivity

Filters