Question 1

Defining problems in terms of solutions is really a form of jumping to conclusions.

Accepted Answer

A) True 
 B)False

Question 2

When does an uncertain situation exist?

Accepted Answer

It exists when managers are unable to assign a probability to various decisions and their possible outcomes.

Question 3

A problem with low urgency and little impact will not grow if left unattended.

Accepted Answer

A) True 
 B)False

Question 4

Gathering information and/or studying a situation can help a decision maker reduce the degree of uncertainty in decision-making.

Accepted Answer

A) True 
 B)False  True

Question 5

Explain the role of behavioral influences on decision making.

Accepted Answer

A number of behavioral factors influence...

Question 6

What characteristic or situations may make individuals likely to be candidates for escalation of decision making?

Accepted Answer

Decision makers who are unclea...

Question 7

In _______________,it is necessary to make value judgments regarding the selection of opportunities and the assignment of priorities.

Accepted Answer

A)   establishing objectives
B)   developing alternatives
C)   choosing an alternative
D)   the evaluation and control phaseE) A) and D)
F) B) and D)

Question 8

Problems usually are of three types.Which of the following is not one of those types?

Accepted Answer

A)   Opportunity
B)   Crisis
C)   Routine
D)   RecurringE) C) and D)
F) B) and C)

Question 9

What are four of the most cited reasons why decision makers still make unethical choices? Which of these do you believe presents the strongest motivator to act unethically?

Accepted Answer

Any four of the following:
(a)They feel...

Question 10

There is some degree of "satisfying" in almost all decisions that people make.

Accepted Answer

A) True 
 B)False

Question 11

The first step in the rational decision-making process is _____________.

Accepted Answer

A)   problem identification
B)   establishing specific goals and objectives
C)   development of alternatives
D)   problem cognitionE) B) and C)
F) All of the above

Question 12

What are the basic assumptions of the bounded rationality approach to decision-making?

Accepted Answer

In this approach,the decision makers are assumed to have a limited or incomplete view of the problems or opportunities facing them.

Question 13

Determining problem significance involves consideration of all of the following except:

Accepted Answer

A)   Urgency
B)   Similarity to previous problems
C)   Impact
D)   Growth tendencyE) B) and C)
F) B) and D)

Question 14

Which of the following is the best example of a programmed decision?

Accepted Answer

A)   Procedure for admitting patients
B)   Diversification into new products and markets
C)   Deciding how to clean up after a flood
D)   Construction of new classroom facilitiesE) None of the above
F) A) and B)

Question 15

When determining problem significance,urgency _____________.

Accepted Answer

A)   relates to impact
B)   relates to time
C)   refers to potential for negative outcomes
D)   All of the above.E) B) and C)
F) None of the above

Question 16

As we move from "individual" to "consensus" decisions,the _______________ of the decision typically improves.

Accepted Answer

A)   quality
B)   implementation
C)   cost savings
D)   simplicityE) All of the above
F) B) and D)

Question 17

How do values impact the establishment of objectives?

Accepted Answer

In establishing objectives,it ...

Question 18

Describe the influence of values on the decision-making process.

Accepted Answer

In the context of decision making,values...

Question 19

Identify the steps in the decision-making process.

Accepted Answer

The decision-making process entails foll...

Question 20

The management of most organizations faces primarily nonprogrammed decisions during daily operations.

Accepted Answer

A) True 
 B)False

Exam 14: Decision Making

Defining problems in terms of solutions is really a form of jumping to conclusions.

Correct AnswerverifiedShow Answer

When does an uncertain situation exist?

Correct AnswerverifiedIt exists when managers are unable to assign a probability to various decisions and their possible outcomes.

A problem with low urgency and little impact will not grow if left unattended.

Correct AnswerverifiedShow Answer

Gathering information and/or studying a situation can help a decision maker reduce the degree of uncertainty in decision-making.

Correct AnswerverifiedTrue

Explain the role of behavioral influences on decision making.

Correct AnswerverifiedA number of behavioral factors influence...View AnswerShow Answer

What characteristic or situations may make individuals likely to be candidates for escalation of decision making?

Correct AnswerverifiedDecision makers who are unclea...View AnswerShow Answer

In _______________,it is necessary to make value judgments regarding the selection of opportunities and the assignment of priorities.

Correct AnswerverifiedShow Answer

Problems usually are of three types.Which of the following is not one of those types?

Correct AnswerverifiedShow Answer

What are four of the most cited reasons why decision makers still make unethical choices? Which of these do you believe presents the strongest motivator to act unethically?

Correct AnswerverifiedAny four of the following: (a)They feel...View AnswerShow Answer

There is some degree of "satisfying" in almost all decisions that people make.

Correct AnswerverifiedShow Answer

The first step in the rational decision-making process is _____________.

Correct AnswerverifiedShow Answer

What are the basic assumptions of the bounded rationality approach to decision-making?

Correct AnswerverifiedIn this approach,the decision makers are assumed to have a limited or incomplete view of the problems or opportunities facing them.

Determining problem significance involves consideration of all of the following except:

Correct AnswerverifiedShow Answer

Which of the following is the best example of a programmed decision?

Correct AnswerverifiedShow Answer

When determining problem significance,urgency _____________.

Correct AnswerverifiedShow Answer

As we move from "individual" to "consensus" decisions,the _______________ of the decision typically improves.

Correct AnswerverifiedShow Answer

How do values impact the establishment of objectives?

Correct AnswerverifiedIn establishing objectives,it ...View AnswerShow Answer

Describe the influence of values on the decision-making process.

Correct AnswerverifiedIn the context of decision making,values...View AnswerShow Answer

Identify the steps in the decision-making process.

Correct AnswerverifiedThe decision-making process entails foll...View AnswerShow Answer

The management of most organizations faces primarily nonprogrammed decisions during daily operations.

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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It exists when managers are unable to assign a probability to various decisions and their possible outcomes.

Correct Answer
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Correct Answer
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True

Correct Answer
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A number of behavioral factors influence...
View Answer

Correct Answer
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Decision makers who are unclea...
View Answer

Correct Answer
verified

Correct Answer
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Correct Answer
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Any four of the following:
(a)They feel...
View Answer

Correct Answer
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Correct Answer
verified

Correct Answer
verified
In this approach,the decision makers are assumed to have a limited or incomplete view of the problems or opportunities facing them.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
In establishing objectives,it ...
View Answer

Correct Answer
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In the context of decision making,values...
View Answer

Correct Answer
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The decision-making process entails foll...
View Answer

Correct Answer
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