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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?

Top management level Signup and view all the answers

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

Identifying the problem Signup and view all the answers

Why does a problem exist according to the text?

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

What is the objective of an environmental analysis?

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

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

Value, cost, and risk Signup and view all the answers

What does the implementation phase of decision-making involve?

Carrying out the decision to achieve objectives Signup and view all the answers

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

When the problem is familiar and simple Signup and view all the answers

What is the purpose of feedback in decision-making?

To ensure results and provide information for future decisions Signup and view all the answers

What does quantitative evaluation in decision-making involve?

Analyzing alternatives using rational and analytical techniques Signup and view all the answers