Podcast
Questions and Answers
What is the primary assumption underlying the Classical Decision-Making Model?
What is the primary assumption underlying the Classical Decision-Making Model?
- Managers always make optimum decisions.
- Managers can identify all possible alternatives, but not their consequences.
- Managers can make decisions based on intuition and experience.
- Managers can identify and evaluate all possible alternatives and their consequences. (correct)
What is the key characteristic of the Administrative Model of decision making?
What is the key characteristic of the Administrative Model of decision making?
- It recognizes that decision making is inherently uncertain and risky. (correct)
- It is a prescriptive model of decision making.
- It emphasizes the importance of intuition in decision making.
- It assumes that managers always make optimum decisions.
Which of the following is a key difference between the Classical and Administrative Models of decision making?
Which of the following is a key difference between the Classical and Administrative Models of decision making?
- The Classical Model is prescriptive, while the Administrative Model is descriptive. (correct)
- The Classical Model is used for nonprogrammed decisions, while the Administrative Model is used for programmed decisions.
- The Classical Model assumes certainty, while the Administrative Model assumes uncertainty.
- The Classical Model is used for programmed decisions, while the Administrative Model is used for nonprogrammed decisions.
What is the primary goal of the Classical Decision-Making Model?
What is the primary goal of the Classical Decision-Making Model?
Which of the following models of decision making is more realistic in terms of real-world decision making?
Which of the following models of decision making is more realistic in terms of real-world decision making?
What is the main limitation of the Classical Decision-Making Model?
What is the main limitation of the Classical Decision-Making Model?
What is the primary goal of organizational learning?
What is the primary goal of organizational learning?
What is a characteristic of a learning organization?
What is a characteristic of a learning organization?
What is the definition of creativity in an organizational context?
What is the definition of creativity in an organizational context?
What is the primary goal of promoting organizational learning?
What is the primary goal of promoting organizational learning?
What is the main objective of a learning organization?
What is the main objective of a learning organization?
What is the relationship between organizational learning and creativity?
What is the relationship between organizational learning and creativity?
What is the role of managers in promoting organizational learning?
What is the role of managers in promoting organizational learning?
What is the outcome of effective organizational learning?
What is the outcome of effective organizational learning?
What is the primary characteristic of programmed decision making?
What is the primary characteristic of programmed decision making?
Which of the following is a characteristic of nonprogrammed decision making?
Which of the following is a characteristic of nonprogrammed decision making?
What is the primary weakness of intuition-based decisions?
What is the primary weakness of intuition-based decisions?
What is the Classical Decision-making Model primarily based on?
What is the Classical Decision-making Model primarily based on?
What is the primary goal of the Administrative Model?
What is the primary goal of the Administrative Model?
Which of the following is a key difference between programmed and nonprogrammed decision making?
Which of the following is a key difference between programmed and nonprogrammed decision making?
What is the primary advantage of the Administrative Model?
What is the primary advantage of the Administrative Model?
Which of the following is a key characteristic of the Classical Decision-making Model?
Which of the following is a key characteristic of the Classical Decision-making Model?
Study Notes
Decision Making Models
- The Classical Model is a prescriptive model of decision making that assumes the decision maker can identify and evaluate all possible alternatives and their consequences, and rationally choose the most appropriate course of action.
- The goal of the Classical Model is to make an optimum decision, which is the most appropriate decision in light of what managers believe to be the most desirable consequences for the organization.
The Administrative Model
- The Administrative Model is an approach to decision making that explains why decision making is inherently uncertain and risky, and why managers usually make satisfactory rather than optimum decisions.
- This model recognizes that decision making is a complex and uncertain process.
Managerial Decision Making
- Decision making is the process by which managers respond to opportunities and threats by analyzing options and making determinations about specific organizational goals and courses of action.
- There are two types of decision making: programmed and nonprogrammed decision making.
Programmed Decision Making
- Programmed decision making is a routine, virtually automatic decision making that follows established rules or guidelines.
- Managers have made the same decision many times before, and it is often used in routine and repetitive situations.
Organizational Learning and Creativity
- Organizational learning is the process through which managers seek to improve employees' desire and ability to understand and manage the organization and its environment.
- A learning organization is one that maximizes the ability of individuals and groups to think and behave creatively, thus maximizing the potential for organizational learning to take place.
- Creativity is a decision maker's ability to discover original and novel ideas that lead to feasible alternative courses of action.
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Description
A quiz about the classical decision-making model, which assumes the decision maker can identify and evaluate all possible alternatives and their consequences.
