Question 1

List the benefits and problems of group decision making.

Accepted Answer

The benefits of group decision making ar

Question 2

Define strategic, tactical, and operational decisions. Be sure to address who makes each of these decisions in the organization.

Accepted Answer

Strategic decisions encompass a long-ter

Question 3

The refusal to abandon a choice from an earlier decision even when it is no longer appropriate is called

Accepted Answer

A)  escalation of commitment. 
B)  the illusion of control. 
C)  intuition. 
D)  groupthink. 
A)  escalation of commitment. 
B)  the illusion of control. 
C)  intuition. 
D)  groupthink.

Question 4

________ involves selecting the first alternative solution that meets a minimum criterion while ________ involves selecting the best alternative from among multiple criteria.

Accepted Answer

A)  Optimizing; high acceptance 
B)  Optimizing; satisficing 
C)  Satisficing; optimizing 
D)  Satisficing; high acceptance 
A)  Optimizing; high acceptance 
B)  Optimizing; satisficing 
C)  Satisficing; optimizing 
D)  Satisficing; high acceptance

Question 5

Discuss escalation of commitment and provide an example.

Accepted Answer

Escalation of commitment is the refusal

Question 6

Recently many corporations have relieved middle management of decision-making authority and have given it to teams of front-line employees, attempting to eliminate unnecessary layers of management in the process.

Accepted Answer

A) True 
 B)False

Question 7

Simon's garbage can model suggests that managers have a set of pre-established solutions to problems located in "garbage cans."

Accepted Answer

A) True 
 B)False

Question 8

The ability of a manager to be perfectly rational is limited by factors such as cognitive capacity and time constraints. This is known as

Accepted Answer

A)  a heuristic. 
B)  bounded rationality. 
C)  escalation of commitment. 
D)  the illusion of control. 
A)  a heuristic. 
B)  bounded rationality. 
C)  escalation of commitment. 
D)  the illusion of control.

Question 9

Which decision-making model is most likely to be used when decision makers are undisciplined and have no clear immediate goals?

Accepted Answer

A)  The garbage can model 
B)  The nominal group technique 
C)  The administrative model 
D)  The Delphi technique 
A)  The garbage can model 
B)  The nominal group technique 
C)  The administrative model 
D)  The Delphi technique

Question 10

Malcolm Gladwell's book, Blink: The Power of Thinking without Thinking, focused on escalation of commitment.

Accepted Answer

A) True 
 B)False

Question 11

What are the three decision-making environments?

Accepted Answer

The three decision-m

Question 12

When the accounting manager depends on a gut feeling about a circumstance at work, the basis of his decision is

Accepted Answer

A)  escalation of commitment. 
B)  the illusion of control. 
C)  intuition. 
D)  groupthink. 
A)  escalation of commitment. 
B)  the illusion of control. 
C)  intuition. 
D)  groupthink.

Question 13

Discuss some techniques to stimulate creativity in group decision making.

Accepted Answer

Brainstorming is a technique that is des

Question 14

Which of the following is not considered a characteristic of management decision making?

Accepted Answer

A)  Programmability 
B)  Risk 
C)  Budget 
D)  Crisis 
A)  Programmability 
B)  Risk 
C)  Budget 
D)  Crisis

Question 15

Greed is the emotion that drove bank executives to take risks that wreaked havoc on the financial industry in 2008.

Accepted Answer

A) True 
 B)False

Question 16

When television network executives continued the Seinfeld sitcom after poor ratings in the first two season, they were making the decision under a condition of

Accepted Answer

A)  certainty. 
B)  uncertainty. 
C)  risk. 
D)  conflict. 
A)  certainty. 
B)  uncertainty. 
C)  risk. 
D)  conflict.

Question 17

Which of the following is an effective time management practice?

Accepted Answer

A)  Make a daily to-do list. 
B)  Schedule difficult and challenging activities when you are at your highest level of energy and alertness. 
C)  Say no to nonessential tasks. 
D)  all of the above 
A)  Make a daily to-do list. 
B)  Schedule difficult and challenging activities when you are at your highest level of energy and alertness. 
C)  Say no to nonessential tasks. 
D)  all of the above

Question 18

Identifying a problem and matching it with established routines and procedures for resolving it is a(n)

Accepted Answer

A)  tactical decision. 
B)  programmed decision. 
C)  operational decision. 
D)  non-programmed decision. 
A)  tactical decision. 
B)  programmed decision. 
C)  operational decision. 
D)  non-programmed decision.

Question 19

Which decision style is used by those decision makers who base the decision on a rational and objective analysis of data gathered from different sources to make the best possible decision from the information that is available?

Accepted Answer

A)  Directive style 
B)  Behavioral style 
C)  Conceptual style 
D)  Analytical style 
A)  Directive style 
B)  Behavioral style 
C)  Conceptual style 
D)  Analytical style

Question 20

The decision-making technique used to generate creative ideas for solving problems by reducing critical and judgmental reactions to ideas from group members is

Accepted Answer

A)  the nominal group technique. 
B)  brainstorming. 
C)  storyboarding. 
D)  the Delphi technique. 
A)  the nominal group technique. 
B)  brainstorming. 
C)  storyboarding. 
D)  the Delphi technique.

List the benefits and problems of group decision making.

Define strategic, tactical, and operational decisions. Be sure to address who makes each of these decisions in the organization.

The refusal to abandon a choice from an earlier decision even when it is no longer appropriate is called

involves selecting the first alternative solution that meets a minimum criterion while involves selecting the best alternative from among multiple criteria.

Discuss escalation of commitment and provide an example.

Recently many corporations have relieved middle management of decision-making authority and have given it to teams of front-line employees, attempting to eliminate unnecessary layers of management in the process.

Simon's garbage can model suggests that managers have a set of pre-established solutions to problems located in "garbage cans."

The ability of a manager to be perfectly rational is limited by factors such as cognitive capacity and time constraints. This is known as

Which decision-making model is most likely to be used when decision makers are undisciplined and have no clear immediate goals?

Malcolm Gladwell's book, Blink: The Power of Thinking without Thinking, focused on escalation of commitment.

What are the three decision-making environments?

When the accounting manager depends on a gut feeling about a circumstance at work, the basis of his decision is

Discuss some techniques to stimulate creativity in group decision making.

Which of the following is not considered a characteristic of management decision making?

Greed is the emotion that drove bank executives to take risks that wreaked havoc on the financial industry in 2008.

When television network executives continued the Seinfeld sitcom after poor ratings in the first two season, they were making the decision under a condition of

Which of the following is an effective time management practice?

Identifying a problem and matching it with established routines and procedures for resolving it is a(n)

Which decision style is used by those decision makers who base the decision on a rational and objective analysis of data gathered from different sources to make the best possible decision from the information that is available?

The decision-making technique used to generate creative ideas for solving problems by reducing critical and judgmental reactions to ideas from group members is

Management and Its Evolution

The Culture of Management

Managing Social Responsibility and Ethics

Managing Organizational Culture and Change

Managing the Planning Process

Strategic Management

Entrepreneurship and Innovation

Managing the Structure and Design of Organizations

Human Resource Management

Managing Employee Diversity

Leadership in Management

Managing Teams

Managing Communication

Operation and Information System Management

Filters

Exam 6: Decision Making

List the benefits and problems of group decision making.

Define strategic, tactical, and operational decisions. Be sure to address who makes each of these decisions in the organization.

The refusal to abandon a choice from an earlier decision even when it is no longer appropriate is called

________ involves selecting the first alternative solution that meets a minimum criterion while ________ involves selecting the best alternative from among multiple criteria.

Discuss escalation of commitment and provide an example.

Recently many corporations have relieved middle management of decision-making authority and have given it to teams of front-line employees, attempting to eliminate unnecessary layers of management in the process.

Simon's garbage can model suggests that managers have a set of pre-established solutions to problems located in "garbage cans."

The ability of a manager to be perfectly rational is limited by factors such as cognitive capacity and time constraints. This is known as

Which decision-making model is most likely to be used when decision makers are undisciplined and have no clear immediate goals?

Malcolm Gladwell's book, Blink: The Power of Thinking without Thinking, focused on escalation of commitment.

What are the three decision-making environments?

When the accounting manager depends on a gut feeling about a circumstance at work, the basis of his decision is

Discuss some techniques to stimulate creativity in group decision making.

Which of the following is not considered a characteristic of management decision making?

Greed is the emotion that drove bank executives to take risks that wreaked havoc on the financial industry in 2008.

When television network executives continued the Seinfeld sitcom after poor ratings in the first two season, they were making the decision under a condition of

Which of the following is an effective time management practice?

Identifying a problem and matching it with established routines and procedures for resolving it is a(n)

Which decision style is used by those decision makers who base the decision on a rational and objective analysis of data gathered from different sources to make the best possible decision from the information that is available?

The decision-making technique used to generate creative ideas for solving problems by reducing critical and judgmental reactions to ideas from group members is

Management and Its Evolution

The Culture of Management

Managing Social Responsibility and Ethics

Managing Organizational Culture and Change

Managing the Planning Process

Strategic Management

Entrepreneurship and Innovation

Managing the Structure and Design of Organizations

Human Resource Management

Managing Employee Diversity

Leadership in Management

Managing Teams

Managing Communication

Operation and Information System Management

Filters

involves selecting the first alternative solution that meets a minimum criterion while involves selecting the best alternative from among multiple criteria.