Question 1

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

Accepted Answer

A)  normative 
B)  administrative 
C)  descriptive 
D)  classical 
E)  political 
A)  normative 
B)  administrative 
C)  descriptive 
D)  classical 
E)  political

Question 2

The ____ is the individual who is assigned the role of challenging assumptions made by the group.

Accepted Answer

A)  group gadfly 
B)  multiple advocate 
C)  devil's advocate 
D)  brainstormer 
E)  inferior member 
A)  group gadfly 
B)  multiple advocate 
C)  devil's advocate 
D)  brainstormer 
E)  inferior member

Question 3

The political model represents an "ideal" model of decision making that is often unattainable by real people in real organizations.

Accepted Answer

A) True 
 B)False

Question 4

Gary Klein, a cognitive psychologist, has found that intuition begins with ____________________.

Accepted Answer

The answer of Gary Klein, a cognitive psychologist, has found...

Question 5

The main difference between risk and uncertainty is that with risk you know the probabilities of the outcomes.

Accepted Answer

A) True 
 B)False

Question 6

Scenario - Vaughn Bately
Vaughn Bately manages a group of eight electrical engineers at Defiance Designs. His team is highly trained and well respected by experts both inside and outside the company. Recently one of Vaughn's engineers suggested a new technique for the development and use of an argon laser. There appeared to be rich potential for this technology, but Vaughn wasn't certain that developing this technology was the best use of his limited resources. Vaughn was facing a significant decision.
-Which of the following steps would Vaughn not take in making his decision?

Accepted Answer

A)  Sense and recognize the decision requirement 
B)  Implement the chosen alternative 
C)  Create a set of alternatives 
D)  Diagnose and analyze problem causes 
E)  All of these would be included 
A)  Sense and recognize the decision requirement 
B)  Implement the chosen alternative 
C)  Create a set of alternatives 
D)  Diagnose and analyze problem causes 
E)  All of these would be included

Question 7

A decision is a choice made from available alternatives.

Accepted Answer

A) True 
 B)False

Question 8

A(n) ____________________ approach describes how managers actually make decisions, not how they should.

Accepted Answer

The answer of A(n) ____________________ approach describes how managers actually...

Question 9

Explain the four underlying assumptions of the administrative model.

Accepted Answer

(1) The decision maker operates to accom

Question 10

Which of the following is the first step in the managerial decision making process?

Accepted Answer

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

Question 11

Scenario - Vaughn Bately
Vaughn Bately manages a group of eight electrical engineers at Defiance Designs. His team is highly trained and well respected by experts both inside and outside the company. Recently one of Vaughn's engineers suggested a new technique for the development and use of an argon laser. There appeared to be rich potential for this technology, but Vaughn wasn't certain that developing this technology was the best use of his limited resources. Vaughn was facing a significant decision.
-If Vaughn uses the classical model of decision making, which of these assumptions would he reject?

Accepted Answer

A)  The decision maker is rational and uses logic in assigning values and evaluating alternatives. 
B)  The desired decision will maximize attainment of organizational objectives. 
C)  The decision-maker strives for complete certainty, gathering complete information. 
D)  Problems are precisely formulated and defined. 
E)  All of these are accepted. 
A)  The decision maker is rational and uses logic in assigning values and evaluating alternatives. 
B)  The desired decision will maximize attainment of organizational objectives. 
C)  The decision-maker strives for complete certainty, gathering complete information. 
D)  Problems are precisely formulated and defined. 
E)  All of these are accepted.

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

The ____ is the individual who is assigned the role of challenging assumptions made by the group.

The political model represents an "ideal" model of decision making that is often unattainable by real people in real organizations.

Gary Klein, a cognitive psychologist, has found that intuition begins with ____________________.

The main difference between risk and uncertainty is that with risk you know the probabilities of the outcomes.

A decision is a choice made from available alternatives.

A(n) ____________________ approach describes how managers actually make decisions, not how they should.

Explain the four underlying assumptions of the administrative model.

Which of the following is the first step in the managerial decision making process?

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

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Exam 8: Managerial Decision Making

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

The ____ is the individual who is assigned the role of challenging assumptions made by the group.

The political model represents an "ideal" model of decision making that is often unattainable by real people in real organizations.

Gary Klein, a cognitive psychologist, has found that intuition begins with ____________________.

The main difference between risk and uncertainty is that with risk you know the probabilities of the outcomes.

A decision is a choice made from available alternatives.

A(n) ____________________ approach describes how managers actually make decisions, not how they should.

Explain the four underlying assumptions of the administrative model.

Which of the following is the first step in the managerial decision making process?

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