🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

Chapter 6: Decision Making and Problem Solving Quiz
15 Questions
1 Views

Chapter 6: Decision Making and Problem Solving Quiz

Created by
@FreeHyperbola3608

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary difference between decision making and problem solving?

  • Decision making involves generating ideas, while problem solving focuses on evaluating options
  • Decision making and problem solving are essentially the same process
  • Decision making involves choosing from alternatives, while problem solving requires finding the answer to a question (correct)
  • Decision making requires finding the answer to a question, while problem solving involves choosing from alternatives
  • Which approach to decision making is focused on making choices that are consistent and value-maximizing within specified constraints?

  • Behavioral approach
  • Creative approach
  • Intuitive approach
  • Rational approach (correct)
  • What are the primary behavioral aspects of decision making?

  • Satisficing, anchoring, and framing
  • Heuristics, brainstorming, and escalation of commitment
  • Overconfidence, availability heuristic, and confirmation bias (correct)
  • Cognitive biases, groupthink, and risk aversion
  • In organizations, what form of decision making involves multiple individuals working together to reach a conclusion?

    <p>Collaborative decision making</p> Signup and view all the answers

    How does creativity relate to decision making and problem solving?

    <p>Creativity is essential for generating alternatives in decision making and finding innovative solutions in problem solving</p> Signup and view all the answers

    Which of the following is a characteristic of problem solving?

    <p>Focused on finding the answer to a question</p> Signup and view all the answers

    What type of decision recurs often enough to develop decision rules?

    <p>Programmed decision</p> Signup and view all the answers

    In which type of decision are the outcomes known with enough information to determine the probabilities of various outcomes?

    <p>Decision of risk</p> Signup and view all the answers

    What type of decision recurs infrequently and involves unique situations?

    <p>Nonprogrammed decision</p> Signup and view all the answers

    Which type of decision has insufficient information to estimate the probability of possible outcomes?

    <p>Decision of uncertainty</p> Signup and view all the answers

    What type of decision involves outcomes that are known with enough information to determine the probabilities of various outcomes?

    <p>Decision of certainty</p> Signup and view all the answers

    In which type of decision is judgment and creativity required due to new and unusual situations?

    <p>Nonprogrammed decision</p> Signup and view all the answers

    What type of decision recurs often enough to develop set procedures and decision rules?

    <p>Programmed decision</p> Signup and view all the answers

    In which type of decision are the outcomes unclear, channels vague, and relatively long time for solution required?

    <p>Nonprogrammed decision</p> Signup and view all the answers

    What type of decision involves well-structured, repetitive, and routine goals with readily available information?

    <p>Programmed decision</p> Signup and view all the answers

    More Quizzes Like This

    Operation Research LLP Problem
    12 questions
    Management Science Overview
    10 questions
    Decision Making and Problem Solving
    16 questions
    Use Quizgecko on...
    Browser
    Browser