Question 1

Which of the following is used exclusively to generate creative ideas in a group setting?

Accepted Answer

A) brainstorming 
B) nominal group technique 
C) groupthink 
D) electronic meetings 
A) brainstorming 
B) nominal group technique 
C) groupthink 
D) electronic meetings

Question 2

The eight steps of decision making ________.

Accepted Answer

A) can only be employed by individuals 
B) can only be employed in very small groups 
C) can be employed by individuals and groups 
D) can only be employed by groups 
A) can only be employed by individuals 
B) can only be employed in very small groups 
C) can be employed by individuals and groups 
D) can only be employed by groups

Question 3

A manager has a choice of three bank CDs that pay different amounts of interest over different time periods.The manager is operating under which condition?

Accepted Answer

A) jeopardy 
B) certainty 
C) uncertainty 
D) risk 
A) jeopardy 
B) certainty 
C) uncertainty 
D) risk

Question 4

One assumption of bounded rationality is that managers usually make rational decisions.

Accepted Answer

A) True 
 B)False

Question 5

It is assumed that in most cases the decisions of all managers are limited by ________.

Accepted Answer

A) greed and short-sightedness 
B) having too much information 
C) not being able to analyze all information for all alternatives 
D) not being able to act rationally or in the best interests of their organization 
A) greed and short-sightedness 
B) having too much information 
C) not being able to analyze all information for all alternatives 
D) not being able to act rationally or in the best interests of their organization

Question 6

Emotions and feelings ________ decision making.

Accepted Answer

A) have no effect on 
B) can improve 
C) decrease performance in 
D) are more important than facts and logic in 
A) have no effect on 
B) can improve 
C) decrease performance in 
D) are more important than facts and logic in

Question 7

Managers in organizations make group decisions ________.

Accepted Answer

A) frequently 
B) never 
C) almost never 
D) rarely 
A) frequently 
B) never 
C) almost never 
D) rarely

Question 8

One well-accepted model states that individual creativity requires ________, or a commanding understanding of a subject matter.

Accepted Answer

A) expertise 
B) task motivation 
C) high interest 
D) intuition 
A) expertise 
B) task motivation 
C) high interest 
D) intuition

Question 9

How often do managers typically use intuitive decision making?

Accepted Answer

A) 100 percent of the time 
B) almost never 
C) almost all of the time 
D) more than half of the time 
A) 100 percent of the time 
B) almost never 
C) almost all of the time 
D) more than half of the time

Question 10

Which of the following is NOT a common decision-making error or bias?

Accepted Answer

A) sunk costs 
B) randomness 
C) forest for the trees 
D) overconfidence bias 
A) sunk costs 
B) randomness 
C) forest for the trees 
D) overconfidence bias

Which of the following is used exclusively to generate creative ideas in a group setting?

The eight steps of decision making ________.

A manager has a choice of three bank CDs that pay different amounts of interest over different time periods.The manager is operating under which condition?

One assumption of bounded rationality is that managers usually make rational decisions.

It is assumed that in most cases the decisions of all managers are limited by ________.

Emotions and feelings ________ decision making.

Managers in organizations make group decisions ________.

One well-accepted model states that individual creativity requires ________, or a commanding understanding of a subject matter.

How often do managers typically use intuitive decision making?

Which of the following is NOT a common decision-making error or bias?

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

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Exam 4: Foundations of Decision Making

Which of the following is used exclusively to generate creative ideas in a group setting?

The eight steps of decision making ________.

A manager has a choice of three bank CDs that pay different amounts of interest over different time periods.The manager is operating under which condition?

One assumption of bounded rationality is that managers usually make rational decisions.

It is assumed that in most cases the decisions of all managers are limited by ________.

Emotions and feelings ________ decision making.

Managers in organizations make group decisions ________.

One well-accepted model states that individual creativity requires ________, or a commanding understanding of a subject matter.

How often do managers typically use intuitive decision making?

Which of the following is NOT a common decision-making error or bias?

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