Exam 6: Making Decisions

A manager that asks the following question,"What specific empirical research evidence do you have to support your conclusion?" would be a proponent of which decision-making model?

One manager's problem may be another manager's opportunity.

When a manager approaches a problem by focusing from generalized issues to specific issues,he/she is using the ____________.

Questions are the backbone of the funnel approach to defining a problem.

The characteristics of the best alternative offer the ____________.

Problems are issues raised for the purpose of inquiry,consideration,solution,or ____________.

An expression used by low-budget auto racers,"run what you brung," would be essentially an act of satisficing race preparations.

Perfect knowledge for decision making would equate to 100 percent certainty.

Match the options below with the correct phrases: -satisfice

The decision-making process is more physical than mental.

Match the options below with the correct phrases: -nonprogrammed decision

A decision-making technique that requires questions to be asked and answered is called:

Problems are frequently solved by making decisions.

Managerial decisions differ according to the level of management and the nature of the situational variables.

Decision making = solving problems and/or seizing opportunities.

Match the options below with the correct phrases: -tunnel vision

Constraints and restrictions that rule out alternative solutions are known as limiting factors.

Match the options below with the correct phrases: -programmed decision

Peter Drucker puts more faith in questions than answers.

____________ attempts to predict how people will behave in competitive situations.