Question 1

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 2

Step one in the managerial decision-making process is recognition of decision requirement.

Accepted Answer

A) True 
 B)False

Question 3

The ____________________ stage involves the use of managerial, administrative, and persuasive abilities to ensure that the chosen alternative is carried out.

Accepted Answer

The answer of The ____________________ stage involves the use of...

Question 4

____________________ is important because decision making is a continuous, never ending process.

Accepted Answer

The answer of ____________________ is important because decision making is...

Question 5

Two employees in Stacey's department quit. She is faced with the decision to fill these positions. This would be considered a nonprogrammed decision.

Accepted Answer

A) True 
 B)False

Question 6

Under conditions of ____________________, managers know what goal they wish to achieve, but information about alternatives and future events is incomplete.

Accepted Answer

The answer of Under conditions of ____________________, managers know what...

Question 7

Feedback is important because

Accepted Answer

A)  decision making is a continuous process. 
B)  it provides decision-makers with new information. 
C)  it helps determine if a new decision needs to be made. 
D)  all of these. 
E)  it provides decision-makers with new information and it helps determine if a new decision needs to be made. 
A)  decision making is a continuous process. 
B)  it provides decision-makers with new information. 
C)  it helps determine if a new decision needs to be made. 
D)  all of these. 
E)  it provides decision-makers with new information and it helps determine if a new decision needs to be made.

Question 8

The ____ model of decision making describes how managers actually makes decisions in situations characterized by nonprogrammed decisions, uncertainty, and ambiguity.

Accepted Answer

A)  normative 
B)  classical 
C)  administrative 
D)  scientific management 
E)  objective 
A)  normative 
B)  classical 
C)  administrative 
D)  scientific management 
E)  objective

Question 9

Which style is used by people who prefer simple, clear-cut solutions to problems?

Accepted Answer

A)  Behavioral 
B)  Conceptual 
C)  Directive 
D)  Analytical 
E)  Classical 
A)  Behavioral 
B)  Conceptual 
C)  Directive 
D)  Analytical 
E)  Classical

Question 10

Shirley works in the human resource department at Turtle Shells, Inc. She believes she is seeing an increase in drinking problems among the workforce. She thinks she needs to investigate further. She is at what stage of the managerial decision making process?

Accepted Answer

A)  Diagnosis and analysis of causes 
B)  Development of alternatives 
C)  Recognition of decision requirement 
D)  Evaluation and feedback 
E)  Selection of desired alternatives 
A)  Diagnosis and analysis of causes 
B)  Development of alternatives 
C)  Recognition of decision requirement 
D)  Evaluation and feedback 
E)  Selection of desired alternatives

Question 11

Gerald's Groceries and Marty's Market decided to merge their operations. This would be considered a nonprogrammed decision.

Accepted Answer

A) True 
 B)False

Question 12

Normative decision theory recognizes that managers have only limited time and cognitive ability and therefore their decisions are characterized by bounded rationality.

Accepted Answer

A) True 
 B)False

Question 13

When a small community hospital decides to add a radiation therapy unit, it is considered as a

Accepted Answer

A)  programmed decision. 
B)  structured decision. 
C)  nonprogrammed decision. 
D)  poor management decision. 
E)  certainty decision. 
A)  programmed decision. 
B)  structured decision. 
C)  nonprogrammed decision. 
D)  poor management decision. 
E)  certainty decision.

Question 14

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

Accepted Answer

The classical model of decision making i

Question 15

A(n) ____________________ is assigned the role of challenging the assumptions and assertions made by the group.

Accepted Answer

The answer of A(n) ____________________ is assigned the role of...

Question 16

The classical model of decision making is based on ____ assumptions.

Accepted Answer

A)  philosophical 
B)  irrational 
C)  economic 
D)  uncertainty 
E)  technological 
A)  philosophical 
B)  irrational 
C)  economic 
D)  uncertainty 
E)  technological

Question 17

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

Accepted Answer

A)  strength 
B)  threat 
C)  diagnosis 
D)  opportunity 
E)  problem 
A)  strength 
B)  threat 
C)  diagnosis 
D)  opportunity 
E)  problem

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

____________________ 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

The answer of ____________________ means that a decision has clear-cut...

Question 20

All of the following are characteristics of classical decision making model EXCEPT

Accepted Answer

A)  clear-cut problems and goals. 
B)  conditions of certainty. 
C)  rational choice by individual for maximizing outcomes. 
D)  limited information about alternatives and their outcomes. 
E)  all of these are characteristics of classical decision making model. 
A)  clear-cut problems and goals. 
B)  conditions of certainty. 
C)  rational choice by individual for maximizing outcomes. 
D)  limited information about alternatives and their outcomes. 
E)  all of these are characteristics of classical decision making model.

Intuition is based on , but lacking in .

Step one in the managerial decision-making process is recognition of decision requirement.

The ____________________ stage involves the use of managerial, administrative, and persuasive abilities to ensure that the chosen alternative is carried out.

____________________ is important because decision making is a continuous, never ending process.

Two employees in Stacey's department quit. She is faced with the decision to fill these positions. This would be considered a nonprogrammed decision.

Under conditions of ____________________, managers know what goal they wish to achieve, but information about alternatives and future events is incomplete.

Feedback is important because

The ____ model of decision making describes how managers actually makes decisions in situations characterized by nonprogrammed decisions, uncertainty, and ambiguity.

Which style is used by people who prefer simple, clear-cut solutions to problems?

Shirley works in the human resource department at Turtle Shells, Inc. She believes she is seeing an increase in drinking problems among the workforce. She thinks she needs to investigate further. She is at what stage of the managerial decision making process?

Gerald's Groceries and Marty's Market decided to merge their operations. This would be considered a nonprogrammed decision.

Normative decision theory recognizes that managers have only limited time and cognitive ability and therefore their decisions are characterized by bounded rationality.

When a small community hospital decides to add a radiation therapy unit, it is considered as a

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

A(n) ____________________ is assigned the role of challenging the assumptions and assertions made by the group.

The classical model of decision making is based on ____ assumptions.

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

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

____________________ 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.

All of the following are characteristics of classical decision making model EXCEPT

Innovative Management for Turbulent Times

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Managing Ethics and Social Responsibility

Managerial Planning and Goal Setting

Strategy Formulation and Implementation

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Dynamics of Behavior in Organizations

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Managing the Value Chain, Information Technology, and E-Business

Managing Small Business Start-Ups

Filters

Exam 8: Managerial Decision Making

Intuition is based on ____, but lacking in ____.

Step one in the managerial decision-making process is recognition of decision requirement.

The ____________________ stage involves the use of managerial, administrative, and persuasive abilities to ensure that the chosen alternative is carried out.

____________________ is important because decision making is a continuous, never ending process.

Two employees in Stacey's department quit. She is faced with the decision to fill these positions. This would be considered a nonprogrammed decision.

Under conditions of ____________________, managers know what goal they wish to achieve, but information about alternatives and future events is incomplete.

Feedback is important because

The ____ model of decision making describes how managers actually makes decisions in situations characterized by nonprogrammed decisions, uncertainty, and ambiguity.

Which style is used by people who prefer simple, clear-cut solutions to problems?

Shirley works in the human resource department at Turtle Shells, Inc. She believes she is seeing an increase in drinking problems among the workforce. She thinks she needs to investigate further. She is at what stage of the managerial decision making process?

Gerald's Groceries and Marty's Market decided to merge their operations. This would be considered a nonprogrammed decision.

Normative decision theory recognizes that managers have only limited time and cognitive ability and therefore their decisions are characterized by bounded rationality.

When a small community hospital decides to add a radiation therapy unit, it is considered as a

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

A(n) ____________________ is assigned the role of challenging the assumptions and assertions made by the group.

The classical model of decision making is based on ____ assumptions.

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

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

____________________ 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.

All of the following are characteristics of classical decision making model EXCEPT

Innovative Management for Turbulent Times

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Managing Ethics and Social Responsibility

Managerial Planning and Goal Setting

Strategy Formulation and Implementation

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Dynamics of Behavior in Organizations

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Managing the Value Chain, Information Technology, and E-Business

Managing Small Business Start-Ups

Filters

Intuition is based on , but lacking in .