Question 1

Which of the following defines a problem in the decision-making process?

Accepted Answer

A) a discrepancy between what exists and what the decision maker desires to exist 
B) a discrepancy between the ideal and the practical 
C) something that causes irritation 
D) something that calls for attention 
A) a discrepancy between what exists and what the decision maker desires to exist 
B) a discrepancy between the ideal and the practical 
C) something that causes irritation 
D) something that calls for attention A

Question 2

For a high-tech bicycle buyer, decision criteria would be determined by ________.

Accepted Answer

A) whatever most bike buyers recommend 
B) expert ratings in bike magazines 
C) technical specifications 
D) personal preferences of the buyer 
A) whatever most bike buyers recommend 
B) expert ratings in bike magazines 
C) technical specifications 
D) personal preferences of the buyer D

Question 3

Emotions should always be strictly ignored in a decision-making process.

Accepted Answer

A) True 
 B)False  False

Question 4

Intuitive decision making is systematic, logical, and orderly.

Accepted Answer

A) True 
 B)False

Question 5

What is a heuristic?

Accepted Answer

A) a complicated and systematic method of decision making 
B) a purely intuitive method of decision making 
C) a totally unreliable method of decision making 
D) a shortcut or rule of thumb that is used for decision making 
A) a complicated and systematic method of decision making 
B) a purely intuitive method of decision making 
C) a totally unreliable method of decision making 
D) a shortcut or rule of thumb that is used for decision making

Question 6

After purchasing new computers for her department, a manager is now comparing the performance of the new computers to the computers they replaced.Which stage of the decision-making process is she carrying out?

Accepted Answer

A) analysis of alternatives 
B) evaluation of decision effectiveness 
C) selection of an alternative 
D) implementation of an alternative 
A) analysis of alternatives 
B) evaluation of decision effectiveness 
C) selection of an alternative 
D) implementation of an alternative

Question 7

In a short essay, identify and explain the advantages and disadvantages of group decision making.

Accepted Answer

Group decisions provide more complete in

Question 8

Mid-level managers in a country with low uncertainty avoidance are ________ than managers from a high uncertainty avoidance country.

Accepted Answer

A) more likely to make risky decisions 
B) less likely to make risky decisions 
C) less likely to make foolish decisions 
D) more likely to avoid making decisions 
A) more likely to make risky decisions 
B) less likely to make risky decisions 
C) less likely to make foolish decisions 
D) more likely to avoid making decisions

Question 9

A rule is simpler than a policy or a procedure to implement.

Accepted Answer

A) True 
 B)False

Question 10

A judge consults guidelines before handing down an award for damages in a legal case.What kind of decision making is she doing?

Accepted Answer

A) following a policy 
B) following a rule 
C) programmed 
D) following a procedure 
A) following a policy 
B) following a rule 
C) programmed 
D) following a procedure

Question 11

To identify a problem, a manager ________.

Accepted Answer

A) compares one set of standards or goals to a second set of standards or goals 
B) looks for unhappy customers 
C) uses intuition to see that things don't look right 
D) compares the current state of affairs with some standard or goal 
A) compares one set of standards or goals to a second set of standards or goals 
B) looks for unhappy customers 
C) uses intuition to see that things don't look right 
D) compares the current state of affairs with some standard or goal

Question 12

In a short essay, list and discuss the final four steps in the decision-making process.Give an example of each step.

Accepted Answer

Step 5: Analysis of alternatives
Once th

Question 13

Managerial decisions are likely to become more programmed as managers rise in an organizational hierarchy.

Accepted Answer

A) True 
 B)False

Question 14

One legislator sees decreased tax revenue as the key problem in the budget.A second legislator sees increased spending as the problem.Each of these legislators has a(n)________.

Accepted Answer

A) representation bias 
B) self-serving bias 
C) availability bias 
D) framing bias 
A) representation bias 
B) self-serving bias 
C) availability bias 
D) framing bias

Question 15

A country with high uncertainty avoidance and high power distance is more likely to engage in groupthink than a country with low uncertainty avoidance and low power distance.

Accepted Answer

A) True 
 B)False

Question 16

The ________ blends the nominal group technique with sophisticated computer technology.

Accepted Answer

A) personal meeting 
B) electronic meeting 
C) virtual meeting 
D) preliminary meeting 
A) personal meeting 
B) electronic meeting 
C) virtual meeting 
D) preliminary meeting

Question 17

Simon found that in making decisions, most people satisficed because they had limited ability to ________.

Accepted Answer

A) be truthful and honest in situations that deal with other people 
B) think independently 
C) deal with difficult situations 
D) grasp present conditions and anticipate future conditions 
A) be truthful and honest in situations that deal with other people 
B) think independently 
C) deal with difficult situations 
D) grasp present conditions and anticipate future conditions

Question 18

Which pair or pairs of terms is/are true? (This question can have more than one correct answer.)
A)structured problem, programmed decision
B)structured problem, structured decision
C)unstructured problem, programmed decision
D)unstructured problem, nonprogrammed decision

Accepted Answer

The answer of Which pair or pairs of terms is/are...

Question 19

Group decisions tend to provide more complete information than individual decisions.

Accepted Answer

A) True 
 B)False

Question 20

Neural networks are able to outdo the performance of humans by ________.

Accepted Answer

A) analyzing symbols 
B) handling up to three variables at once 
C) handling hundreds of variables at once 
D) reading facial expressions 
A) analyzing symbols 
B) handling up to three variables at once 
C) handling hundreds of variables at once 
D) reading facial expressions

Which of the following defines a problem in the decision-making process?

For a high-tech bicycle buyer, decision criteria would be determined by ________.

Emotions should always be strictly ignored in a decision-making process.

Intuitive decision making is systematic, logical, and orderly.

What is a heuristic?

After purchasing new computers for her department, a manager is now comparing the performance of the new computers to the computers they replaced.Which stage of the decision-making process is she carrying out?

In a short essay, identify and explain the advantages and disadvantages of group decision making.

Mid-level managers in a country with low uncertainty avoidance are ________ than managers from a high uncertainty avoidance country.

A rule is simpler than a policy or a procedure to implement.

A judge consults guidelines before handing down an award for damages in a legal case.What kind of decision making is she doing?

To identify a problem, a manager ________.

In a short essay, list and discuss the final four steps in the decision-making process.Give an example of each step.

Managerial decisions are likely to become more programmed as managers rise in an organizational hierarchy.

One legislator sees decreased tax revenue as the key problem in the budget.A second legislator sees increased spending as the problem.Each of these legislators has a(n)________.

A country with high uncertainty avoidance and high power distance is more likely to engage in groupthink than a country with low uncertainty avoidance and low power distance.

The ________ blends the nominal group technique with sophisticated computer technology.

Simon found that in making decisions, most people satisficed because they had limited ability to ________.

Which pair or pairs of terms is/are true? (This question can have more than one correct answer.) A)structured problem, programmed decision B)structured problem, structured decision C)unstructured problem, programmed decision D)unstructured problem, nonprogrammed decision

Group decisions tend to provide more complete information than individual decisions.

Neural networks are able to outdo the performance of humans by ________.

Managers and Management

The Management Environment

Integrative Managerial Issues

Foundations of Planning

Organizational Structure and Design

Managing Human Resources

Managing Change and Innovation

Foundations of Individual Behavior

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Communication and Information

Foundations of Control

Operations Management

Appendix: History Module

Appendix: Entrepreneurship Module

Appendix: Quantitative Module

Appendix: Career Module

Filters

Exam 4: Foundations of Decision Making

Which of the following defines a problem in the decision-making process?

For a high-tech bicycle buyer, decision criteria would be determined by ________.

Emotions should always be strictly ignored in a decision-making process.

Intuitive decision making is systematic, logical, and orderly.

What is a heuristic?

After purchasing new computers for her department, a manager is now comparing the performance of the new computers to the computers they replaced.Which stage of the decision-making process is she carrying out?

In a short essay, identify and explain the advantages and disadvantages of group decision making.

Mid-level managers in a country with low uncertainty avoidance are ________ than managers from a high uncertainty avoidance country.

A rule is simpler than a policy or a procedure to implement.

A judge consults guidelines before handing down an award for damages in a legal case.What kind of decision making is she doing?

To identify a problem, a manager ________.

In a short essay, list and discuss the final four steps in the decision-making process.Give an example of each step.

Managerial decisions are likely to become more programmed as managers rise in an organizational hierarchy.

One legislator sees decreased tax revenue as the key problem in the budget.A second legislator sees increased spending as the problem.Each of these legislators has a(n)________.

A country with high uncertainty avoidance and high power distance is more likely to engage in groupthink than a country with low uncertainty avoidance and low power distance.

The ________ blends the nominal group technique with sophisticated computer technology.

Simon found that in making decisions, most people satisficed because they had limited ability to ________.

Which pair or pairs of terms is/are true? (This question can have more than one correct answer.) A)structured problem, programmed decision B)structured problem, structured decision C)unstructured problem, programmed decision D)unstructured problem, nonprogrammed decision

Group decisions tend to provide more complete information than individual decisions.

Neural networks are able to outdo the performance of humans by ________.

Managers and Management

The Management Environment

Integrative Managerial Issues

Foundations of Planning

Organizational Structure and Design

Managing Human Resources

Managing Change and Innovation

Foundations of Individual Behavior

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Communication and Information

Foundations of Control

Operations Management

Appendix: History Module

Appendix: Entrepreneurship Module

Appendix: Quantitative Module

Appendix: Career Module

Filters