Exam 3: Ethics and Social Responsibility

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__________ involves problem-solving in a rational, step-by-step, analytical process.

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Identifying and taking action to resolve problems is called __________.

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A(n) __________ is a choice among possible alternative courses of action.

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James is a proactive information gatherer and a forward-thinking manager. He is an example of a:

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The __________ heuristic uses readily available information to assess a current situation.

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__________ are managers who are comfortable with intangibles and value flexibility and human relationships.

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The __________ decision model describes decision making with limited information and bounded rationality.

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Solving a problem based on one's perception of the situation, positive or negative, leads to a(n) __________.

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Explain the advantages and disadvantages of group decision making.

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__________ add value to organizations through their intellectual capabilities.

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A(n) __________ is a form of selective perception.

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An environment for making decisions in which information is incomplete, yet one can still reasonably estimate probabilities for the outcomes of various options is called a(n):

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A(n) __________ environment, in which managers make decisions, lacks so much information that it is difficult to assign probabilities to the likely outcome of alternatives.

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The evaluation of a decision should not only consider whether the results were gained, but should also determine whether any undesirable side effects occurred.

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Information competency involves all of the following skills EXCEPT:

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Describe the different types of managers based on their cognitive styles.

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Sensation feelers prefer broad global issues. They are insightful and tend to avoid details and are comfortable with intangibles.

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Which of the following is the second step in the decision-making process?

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Which of the following practices should be followed in the first stage of the decision-making process?

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The three different conditions or problem environments in which managers make decisions are:

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