Question 1

An advantage of brainstorming is that ________.

Accepted Answer

A) it allows members to know why individuals voted the way they did 
B) it provides the option of supporting or rejecting an idea without fear of recrimination 
C) it supports the expression of as many useful ideas as possible 
D) it is suitable for teams whose group members are geographically dispersed 
E) members are not required to defend their ideas 
A) it allows members to know why individuals voted the way they did 
B) it provides the option of supporting or rejecting an idea without fear of recrimination 
C) it supports the expression of as many useful ideas as possible 
D) it is suitable for teams whose group members are geographically dispersed 
E) members are not required to defend their ideas

Question 2

According to the probability theory,the expected value for an alternative equals the income that alternative would produce,multiplied by its probability of producing that income.

Accepted Answer

A) True 
 B)False

Question 3

A decision is a choice made between two or more available alternatives.

Accepted Answer

A) True 
 B)False

Question 4

The main disadvantage of arriving at decisions through consensus is ________.

Accepted Answer

A) it results in very few practical solutions 
B) it reduces employees' commitment to the decision 
C) it involves time-consuming discussions 
D) often the manager must make the decision 
E) it focuses "several heads" on the decision 
A) it results in very few practical solutions 
B) it reduces employees' commitment to the decision 
C) it involves time-consuming discussions 
D) often the manager must make the decision 
E) it focuses "several heads" on the decision

Question 5

Implementation of the chosen alternative is the final step in the decision-making process.

Accepted Answer

A) True 
 B)False

Question 6

In the decision-making process,it is important to accurately identify an existing problem prior to listing the possible alternatives for solving the problem.

Accepted Answer

A) True 
 B)False

Question 7

An organizational decision maker who is willing to steal ideas as necessary to make good decisions ________.

Accepted Answer

A) has a hoarding orientation 
B) is a marketing-oriented decision maker 
C) has an exploitative orientation 
D) has a latent orientation 
E) has an ideal decision-making orientation 
A) has a hoarding orientation 
B) is a marketing-oriented decision maker 
C) has an exploitative orientation 
D) has a latent orientation 
E) has an ideal decision-making orientation

Question 8

During the decision-making process,organizational goals should be kept in mind when selecting the most beneficial alternative.

Accepted Answer

A) True 
 B)False

Question 9

The confirmation bias is the tendency to believe certain outcomes because others believe the same.

Accepted Answer

A) True 
 B)False

Question 10

The proportion of the total management system that a decision will affect is called the ________.

Accepted Answer

A) scope of the decision 
B) unity of command 
C) span of control 
D) level of management 
E) discretionary area 
A) scope of the decision 
B) unity of command 
C) span of control 
D) level of management 
E) discretionary area

Question 11

A graphic decision-making tool used to evaluate decisions containing a series of steps is known as a ________.

Accepted Answer

A) decision support system 
B) decision theory 
C) morphological box 
D) decision tree 
E) Delphi chart 
A) decision support system 
B) decision theory 
C) morphological box 
D) decision tree 
E) Delphi chart

Question 12

Employees are more likely to be committed to a decision reached through consensus.

Accepted Answer

A) True 
 B)False

Question 13

Becky is leading her team in an open discussion on the possibilities of implementing flexible work hours for her department.One of the team members keeps interrupting with negative feedback on the suggested ideas.He is breaking the cardinal rule of ________.

Accepted Answer

A) scapegoating 
B) brainstorming 
C) crowdsourcing 
D) groupthinking 
E) the Delphi technique 
A) scapegoating 
B) brainstorming 
C) crowdsourcing 
D) groupthinking 
E) the Delphi technique

Question 14

Ideal decision makers ________.

Accepted Answer

A) preserve the status quo 
B) allow others to make decisions for them 
C) accept little outside help in making decisions 
D) are characterized by reason and sound judgment 
E) make decisions that will only enhance their value in the firm 
A) preserve the status quo 
B) allow others to make decisions for them 
C) accept little outside help in making decisions 
D) are characterized by reason and sound judgment 
E) make decisions that will only enhance their value in the firm

Question 15

In the nominal group technique,group members never meet face to face.

Accepted Answer

A) True 
 B)False

Question 16

A programmed decision is typically a one-shot structured decision that is usually less structured than a nonprogrammed decision.

Accepted Answer

A) True 
 B)False

Question 17

Jared recently sent an email to all the members of his department asking them for their opinions about where the department should have its quarterly team lunch.The response was overwhelming as Jared received more than 40 suggestions.This is an example of ________.

Accepted Answer

A) paradox of choice 
B) bandwagon effect 
C) confirmation bias 
D) confidence bias 
E) loss aversion effect 
A) paradox of choice 
B) bandwagon effect 
C) confirmation bias 
D) confidence bias 
E) loss aversion effect

Question 18

Decision making is essentially a problem-solving process that involves eliminating barriers to organizational goal attainment.

Accepted Answer

A) True 
 B)False

Question 19

When decisions are reached using probability theory,the alternative normally chosen is the one with ________.

Accepted Answer

A) the lowest expected value 
B) the highest expected value 
C) the lowest cost/benefit ratio 
D) the lowest risk 
E) the highest risk 
A) the lowest expected value 
B) the highest expected value 
C) the lowest cost/benefit ratio 
D) the lowest risk 
E) the highest risk

Question 20

What is the probability theory? Define probability and expected value.How are they related to each other?

Accepted Answer

Probability theory is a decision-making

Exam 8: Making Decisions

An advantage of brainstorming is that ________.

According to the probability theory,the expected value for an alternative equals the income that alternative would produce,multiplied by its probability of producing that income.

A decision is a choice made between two or more available alternatives.

The main disadvantage of arriving at decisions through consensus is ________.

Implementation of the chosen alternative is the final step in the decision-making process.

In the decision-making process,it is important to accurately identify an existing problem prior to listing the possible alternatives for solving the problem.

An organizational decision maker who is willing to steal ideas as necessary to make good decisions ________.

During the decision-making process,organizational goals should be kept in mind when selecting the most beneficial alternative.

The confirmation bias is the tendency to believe certain outcomes because others believe the same.

The proportion of the total management system that a decision will affect is called the ________.

A graphic decision-making tool used to evaluate decisions containing a series of steps is known as a ________.

Employees are more likely to be committed to a decision reached through consensus.

Becky is leading her team in an open discussion on the possibilities of implementing flexible work hours for her department.One of the team members keeps interrupting with negative feedback on the suggested ideas.He is breaking the cardinal rule of ________.

Ideal decision makers ________.

In the nominal group technique,group members never meet face to face.

A programmed decision is typically a one-shot structured decision that is usually less structured than a nonprogrammed decision.

Jared recently sent an email to all the members of his department asking them for their opinions about where the department should have its quarterly team lunch.The response was overwhelming as Jared received more than 40 suggestions.This is an example of ________.

Decision making is essentially a problem-solving process that involves eliminating barriers to organizational goal attainment.

When decisions are reached using probability theory,the alternative normally chosen is the one with ________.

What is the probability theory? Define probability and expected value.How are they related to each other?

Introducing Modern Management

Managing

Managers and Society

Management and Diversity

Managing in the Global Arena

Management and Entrepreneurship

Principles of Planning

Strategic Planning: Strategies, Tactics, and Competitive Dynamics

Fundamentals of Organizing

Responsibility, Authority, and Delegation

Human Resource Management

Organizational Change: Stress,Conflict and Virtuality

Influencing and Communication

Leadership

Motivation

Groups and Teams

Managing Organization Culture

Encouraging Creativity and Innovation

Controlling, Information, and Technology

Production and Control

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