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Decision-Making in Management
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Decision-Making in Management

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Questions and Answers

What is decision-making defined as?

  • The identification of various problems
  • The selection of a course of action from among alternatives (correct)
  • Following a set procedure to solve problems
  • The outcome of a plan

    • When can a plan be said to exist?

  • When problems are identified
  • After a decision has been made (correct)
  • After the engineer manager adapts a certain procedure
  • When resources are committed

    • Why is it understandable for managers to make wrong decisions at times?

  • Due to lack of training
  • Because decision-making is complicated
  • Due to the complexity of the decisions they face (correct)
  • Because they have the power to correct them

    • At which management level does decision-making become more complicated?

    <p>Top management level</p> Signup and view all the answers

    What is the first step in the decision-making process according to the text?

    <p>Identifying the problem</p> Signup and view all the answers

    Why does a problem exist according to the text?

    <p>When there is a difference between an actual situation and a desired situation</p> Signup and view all the answers

    What is the objective of an environmental analysis?

    <p>To identify constraints, which could be internal or external limitations</p> Signup and view all the answers

    According to Souder, what characteristics should be considered when analyzing alternatives?

    <p>Value, cost, and risk</p> Signup and view all the answers

    What does the implementation phase of decision-making involve?

    <p>Carrying out the decision to achieve objectives</p> Signup and view all the answers

    When should managers use the qualitative evaluation approach according to Stevenson?

    <p>When the problem is familiar and simple</p> Signup and view all the answers

    What is the purpose of feedback in decision-making?

    <p>To ensure results and provide information for future decisions</p> Signup and view all the answers

    What does quantitative evaluation in decision-making involve?

    <p>Analyzing alternatives using rational and analytical techniques</p> Signup and view all the answers

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