Exam 8: Managerial Decision Making
Exam 1: Innovative Management for Turbulent Times195 Questions
Exam 2: The Evolution of Management Thinking167 Questions
Exam 3: The Environment and Corporate Culture189 Questions
Exam 4: Managing in a Global Environment212 Questions
Exam 5: Managing Ethics and Social Responsibility176 Questions
Exam 6: Managerial Planning and Goal Setting162 Questions
Exam 7: Strategy Formulation and Implementation158 Questions
Exam 8: Managerial Decision Making171 Questions
Exam 9: Designing Adaptive Organizations216 Questions
Exam 10: Managing Change and Innovation172 Questions
Exam 11: Managing Human Resources174 Questions
Exam 12: Managing Diversity114 Questions
Exam 13: Dynamics of Behavior in Organizations168 Questions
Exam 14: Leadership159 Questions
Exam 15: Motivating Employees177 Questions
Exam 16: Managing Communication152 Questions
Exam 17: Leading Teams209 Questions
Exam 18: Managing Quality and Performance152 Questions
Exam 19: Managing the Value Chain, Information Technology, and E-Business150 Questions
Exam 20: Managing Small Business Start-Ups152 Questions
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The step in the decision making process in which managers analyze the underlying causal factors associated with the situation is called ____________________.
(Short Answer)
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The ____ step in the decision making process involves using managerial, administrative, and persuasive abilities to translate the chosen alternative into action.
(Multiple Choice)
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If your instructor has an attendance policy, she/he is using a
(Multiple Choice)
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In many respects, the ____________________ model represents an "ideal" model decision-making and can't usually be attained by real people in real organizations.
(Short Answer)
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The tendency of organizations to invest time and money in a solution despite strong evidence that is not appropriate is referred to as
(Multiple Choice)
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Once the problem or opportunity has been recognized and analyzed, the decision-maker should implement the alternative.
(True/False)
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The ____________________ model of decision making describes how managers actually make decisions in difficult situations, such as those characterized by nonprogrammed decision, uncertainty, and ambiguity.
(Short Answer)
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Nordstrom Department store's "No questions asked - Return's Policy" is an example of a(n)
(Multiple Choice)
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Managers might block or distort negative information because they don't want to be responsible for a bad decision.
(True/False)
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____________________ is the process of identifying problems and opportunities and then resolving them.
(Short Answer)
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According to the administrative model of decision making, managers' searches for alternative are limited because of human, information, and resource constraints.
(True/False)
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According to MANAGER'S SHOPTALK in chapter 8, which of the following is not an idea for applying evidence-based decision making?
(Multiple Choice)
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The concept that people have the time and cognitive ability to process only a limited amount of information on which to base decisions is known as
(Multiple Choice)
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Which of the following is a choice made from available alternatives?
(Multiple Choice)
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____ is the approach that defines how a decision maker should make decisions and provides guidelines for reaching an ideal outcome for the organization.
(Multiple Choice)
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Most bad decisions are errors in judgment that originate in the human mind's limited capacity and in the natural biases of the manager.
(True/False)
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____________________ is the process of forming alliances among managers.
(Short Answer)
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