Question 1

Supporters of socially responsible businesses claim that by becoming socially responsible,businesses can expect ________.

Accepted Answer

A) less government regulation 
B) more government regulation 
C) more strict enforcement of laws 
D) more government interference 
A) less government regulation 
B) more government regulation 
C) more strict enforcement of laws 
D) more government interference

Question 2

In the rights view of ethics,managers impose and enforce rules fairly and impartially in accordance with laws and regulations.

Accepted Answer

A) True 
 B)False

Question 3

"We encourage the use of environmentally safe materials" is an example of a ________.

Accepted Answer

A) rule 
B) policy 
C) procedure 
D) precedent 
E) heuristic 
A) rule 
B) policy 
C) procedure 
D) precedent 
E) heuristic

Question 4

A retail clothing store manager who estimates how much to order for the current spring season based on last spring's outcomes is operating under what kind of decision-making condition?

Accepted Answer

A) reliability 
B) risk 
C) uncertainty 
D) certainty 
E) rationality 
A) reliability 
B) risk 
C) uncertainty 
D) certainty 
E) rationality

Question 5

Refer to the Scenario below to answer the questions that follow.
Decision-Making Styles (Scenario)
Jeremy has noticed that the people within his organization make decisions in very different ways.Jackie is rational and has a low tolerance for ambiguity.She is efficient and generally makes decisions that are applicable to the short term.Andy tends to be very broad in his outlook and looks at many alternatives before making a decision.He generally focuses on the long term.Alexandra thinks intuitively and works well with others.She is open to suggestions and concerned about the achievements of those around her.As for Jeremy,he likes to have complete information before making a decision,and carefully considers many alternatives.
-Jackie's decision-making style can be characterized as ________.

Accepted Answer

A) empirical 
B) conceptual 
C) directive 
D) behavioural 
E) analytic 
A) empirical 
B) conceptual 
C) directive 
D) behavioural 
E) analytic

Question 6

The theory of justice view of ethics is concerned with protecting individual liberties and privileges.

Accepted Answer

A) True 
 B)False

Question 7

List and describe the four main decision making styles.

Accepted Answer

• Directive style.Individuals with a dir

Question 8

Which of the following is an advantage of group decision making?

Accepted Answer

A) more diverse alternatives 
B) opportunity for minority domination 
C) ambiguous responsibility 
D) increased time to reach a solution 
E) faster process 
A) more diverse alternatives 
B) opportunity for minority domination 
C) ambiguous responsibility 
D) increased time to reach a solution 
E) faster process

Question 9

The classical view of social responsibility holds that spending time,money,labour,or energy to improve society's welfare would ________.

Accepted Answer

A) deprive stockholders of resources that could be used to generate profits 
B) not have any positive or negative impact on stockholders 
C) help maximize profits for stockholders 
D) show stockholders that the company knows best 
A) deprive stockholders of resources that could be used to generate profits 
B) not have any positive or negative impact on stockholders 
C) help maximize profits for stockholders 
D) show stockholders that the company knows best

Question 10

Corporate social responsibility is defined as a business's obligation to obey the law and pursue long-term economic goals.

Accepted Answer

A) True 
 B)False

Question 11

It is possible that at the end of the decision-making process you may be required to start the decision process over again.

Accepted Answer

A) True 
 B)False

Question 12

"The customer is always right" is a good example of a rule.

Accepted Answer

A) True 
 B)False

Question 13

List and describe the five main aspects of intuition.

Accepted Answer

Experience-based decisions - managers ma

Question 14

Managerial decision making is assumed to be rational.

Accepted Answer

A) True 
 B)False

Question 15

Compare procedures,rules,and policies.

Accepted Answer

A procedure is a series of interrelated

Question 16

Refer to the Scenario below to answer the questions that follow.
Decision-Making Styles (Scenario)
Jeremy has noticed that the people within his organization make decisions in very different ways.Jackie is rational and has a low tolerance for ambiguity.She is efficient and generally makes decisions that are applicable to the short term.Andy tends to be very broad in his outlook and looks at many alternatives before making a decision.He generally focuses on the long term.Alexandra thinks intuitively and works well with others.She is open to suggestions and concerned about the achievements of those around her.As for Jeremy,he likes to have complete information before making a decision,and carefully considers many alternatives.
-Jeremy's decision-making style can be characterized as ________.

Accepted Answer

A) empirical 
B) conceptual 
C) directive 
D) behavioural 
E) analytic 
A) empirical 
B) conceptual 
C) directive 
D) behavioural 
E) analytic

Question 17

Which of the following terms is associated with non-programmed decisions?

Accepted Answer

A) unique 
B) recurring 
C) routine 
D) repetitive 
E) straightforward 
A) unique 
B) recurring 
C) routine 
D) repetitive 
E) straightforward

Question 18

When managers find a disparity between their current situation and a desired situation,they are at which step of the decision-making process?

Accepted Answer

A) analyzing alternatives 
B) allocating weights to criteria 
C) identifying decision criteria 
D) developing alternatives 
E) identifying a problem 
A) analyzing alternatives 
B) allocating weights to criteria 
C) identifying decision criteria 
D) developing alternatives 
E) identifying a problem

Question 19

In the purchase of a car,the assessment of the importance of factors such as speed,fuel efficiency,and price occurs at which step of the decision-making process?

Accepted Answer

A) identify a problem 
B) analyze alternatives 
C) identify decision criteria 
D) evaluate decision effectiveness 
E) develop alternatives 
A) identify a problem 
B) analyze alternatives 
C) identify decision criteria 
D) evaluate decision effectiveness 
E) develop alternatives

Question 20

Which of the following decision-making styles characterizes careful decision makers who prefer complete information and consider several alternatives?

Accepted Answer

A) empirical 
B) analytical 
C) conceptual 
D) directive 
E) behavioural 
A) empirical 
B) analytical 
C) conceptual 
D) directive 
E) behavioural

Supporters of socially responsible businesses claim that by becoming socially responsible,businesses can expect ________.

In the rights view of ethics,managers impose and enforce rules fairly and impartially in accordance with laws and regulations.

"We encourage the use of environmentally safe materials" is an example of a ________.

A retail clothing store manager who estimates how much to order for the current spring season based on last spring's outcomes is operating under what kind of decision-making condition?

The theory of justice view of ethics is concerned with protecting individual liberties and privileges.

List and describe the four main decision making styles.

Which of the following is an advantage of group decision making?

The classical view of social responsibility holds that spending time,money,labour,or energy to improve society's welfare would ________.

Corporate social responsibility is defined as a business's obligation to obey the law and pursue long-term economic goals.

It is possible that at the end of the decision-making process you may be required to start the decision process over again.

"The customer is always right" is a good example of a rule.

List and describe the five main aspects of intuition.

Managerial decision making is assumed to be rational.

Compare procedures,rules,and policies.

Which of the following terms is associated with non-programmed decisions?

When managers find a disparity between their current situation and a desired situation,they are at which step of the decision-making process?

In the purchase of a car,the assessment of the importance of factors such as speed,fuel efficiency,and price occurs at which step of the decision-making process?

Which of the following decision-making styles characterizes careful decision makers who prefer complete information and consider several alternatives?

Managers and Management

Environmental Contraints on Managers

Planning and Strategic Management

Organizational Structure and Design

Operations Management

Human Resource Management

Leadership

Motivating Employees

Understanding Groups and Teams

Foundations of Control

Managing Innovation and Change

Filters

Exam 4: Decision Making

Supporters of socially responsible businesses claim that by becoming socially responsible,businesses can expect ________.

In the rights view of ethics,managers impose and enforce rules fairly and impartially in accordance with laws and regulations.

"We encourage the use of environmentally safe materials" is an example of a ________.

A retail clothing store manager who estimates how much to order for the current spring season based on last spring's outcomes is operating under what kind of decision-making condition?

The theory of justice view of ethics is concerned with protecting individual liberties and privileges.

List and describe the four main decision making styles.

Which of the following is an advantage of group decision making?

The classical view of social responsibility holds that spending time,money,labour,or energy to improve society's welfare would ________.

Corporate social responsibility is defined as a business's obligation to obey the law and pursue long-term economic goals.

It is possible that at the end of the decision-making process you may be required to start the decision process over again.

"The customer is always right" is a good example of a rule.

List and describe the five main aspects of intuition.

Managerial decision making is assumed to be rational.

Compare procedures,rules,and policies.

Which of the following terms is associated with non-programmed decisions?

When managers find a disparity between their current situation and a desired situation,they are at which step of the decision-making process?

In the purchase of a car,the assessment of the importance of factors such as speed,fuel efficiency,and price occurs at which step of the decision-making process?

Which of the following decision-making styles characterizes careful decision makers who prefer complete information and consider several alternatives?

Managers and Management

Environmental Contraints on Managers

Planning and Strategic Management

Organizational Structure and Design

Operations Management

Human Resource Management

Leadership

Motivating Employees

Understanding Groups and Teams

Foundations of Control

Managing Innovation and Change

Filters