Podcast
Questions and Answers
What are Simon's four phases of decision making?
What are Simon's four phases of decision making?
What is the main advantage of understanding the concepts of rationality and bounded rationality in decision making?
What is the main advantage of understanding the concepts of rationality and bounded rationality in decision making?
What is the primary function of Decision Support Systems (DSS) in practice?
What is the primary function of Decision Support Systems (DSS) in practice?
Why is it important to dissect DSS into its main concepts when building successful systems?
Why is it important to dissect DSS into its main concepts when building successful systems?
Signup and view all the answers
Which phase of decision making involves gathering and analyzing information?
Which phase of decision making involves gathering and analyzing information?
Signup and view all the answers
What is the nature of models in decision making?
What is the nature of models in decision making?
Signup and view all the answers
Which characteristic of decision making refers to the phenomenon where changes in the decision-making environment may occur continuously?
Which characteristic of decision making refers to the phenomenon where changes in the decision-making environment may occur continuously?
Signup and view all the answers
What is one area suffering most from fast decisions, as mentioned in the text?
What is one area suffering most from fast decisions, as mentioned in the text?
Signup and view all the answers
According to Simon (1977), what is managerial decision making synonymous with?
According to Simon (1977), what is managerial decision making synonymous with?
Signup and view all the answers
What occurs when a system does not meet its established goals, yield predicted results, or work as planned?
What occurs when a system does not meet its established goals, yield predicted results, or work as planned?
Signup and view all the answers
Are problem solving and decision making different according to Simon's phases of the decision process?
Are problem solving and decision making different according to Simon's phases of the decision process?
Signup and view all the answers
Which discipline contributes a unique, valid view of how people make decisions?
Which discipline contributes a unique, valid view of how people make decisions?
Signup and view all the answers
What is the manner by which decision makers think and react to problems called?
What is the manner by which decision makers think and react to problems called?
Signup and view all the answers
Which type of models are iconic and scale models examples of?
Which type of models are iconic and scale models examples of?
Signup and view all the answers
What are the benefits of models mentioned in the text?
What are the benefits of models mentioned in the text?
Signup and view all the answers
In small organizations, who are mainly responsible for decision making?
In small organizations, who are mainly responsible for decision making?
Signup and view all the answers
What does a model represent according to the text?
What does a model represent according to the text?
Signup and view all the answers
What is the difference between what people desire (or expect) and what is actually occurring?
What is the difference between what people desire (or expect) and what is actually occurring?
Signup and view all the answers
What is the term used for the timely identification of opportunities being as important as the identification of problems?
What is the term used for the timely identification of opportunities being as important as the identification of problems?
Signup and view all the answers
What may improve the structuredness of a problem situation?
What may improve the structuredness of a problem situation?
Signup and view all the answers
What is constructed, tested, and validated during the design phase of decision-making?
What is constructed, tested, and validated during the design phase of decision-making?
Signup and view all the answers
What describes the acceptability of a solution approach and reflects decision-making objectives?
What describes the acceptability of a solution approach and reflects decision-making objectives?
Signup and view all the answers
Which type of models assume that humans are economic beings whose objective is to maximize the attainment of goals?
Which type of models assume that humans are economic beings whose objective is to maximize the attainment of goals?
Signup and view all the answers
What type of models describe things as they are or as they are believed to be?
What type of models describe things as they are or as they are believed to be?
Signup and view all the answers
"Seeking to achieving a desired level of performance as opposed to the 'best'" is associated with which decision-making approach?
"Seeking to achieving a desired level of performance as opposed to the 'best'" is associated with which decision-making approach?
Signup and view all the answers
What helps in generating alternatives in most MSS situations?
What helps in generating alternatives in most MSS situations?
Signup and view all the answers
"A statement of assumptions about the operating environment (variables) of a particular system at a given time" is known as:
"A statement of assumptions about the operating environment (variables) of a particular system at a given time" is known as:
Signup and view all the answers
"Includes the search, evaluation, and recommendation of an appropriate solution to the model" is associated with which phase of decision-making?
"Includes the search, evaluation, and recommendation of an appropriate solution to the model" is associated with which phase of decision-making?
Signup and view all the answers
"Solving with a formula" is an example of which search approach in decision-making?
"Solving with a formula" is an example of which search approach in decision-making?
Signup and view all the answers
What is the main focus of the Implementation phase in decision-making?
What is the main focus of the Implementation phase in decision-making?
Signup and view all the answers
Which technology resource is NOT mentioned as a support for the Intelligence Phase of decision-making?
Which technology resource is NOT mentioned as a support for the Intelligence Phase of decision-making?
Signup and view all the answers
In decision-making, what does the Design Phase primarily involve?
In decision-making, what does the Design Phase primarily involve?
Signup and view all the answers
Which is NOT a resource mentioned for supporting the Choice Phase in decision-making?
Which is NOT a resource mentioned for supporting the Choice Phase in decision-making?
Signup and view all the answers
What is emphasized as critical in dealing with unstructured/complex problems during the Design Phase of decision-making?
What is emphasized as critical in dealing with unstructured/complex problems during the Design Phase of decision-making?
Signup and view all the answers
Which technology resource is NOT listed to support the Implementation Phase in decision-making?
Which technology resource is NOT listed to support the Implementation Phase in decision-making?
Signup and view all the answers
What is an example of a new technology mentioned to support decision-making?
What is an example of a new technology mentioned to support decision-making?
Signup and view all the answers
Which technology is NOT listed as part of the new technologies to support decision-making?
Which technology is NOT listed as part of the new technologies to support decision-making?
Signup and view all the answers
What is NOT a part of resources/technologies mentioned for supporting the Intelligence Phase in decision-making?
What is NOT a part of resources/technologies mentioned for supporting the Intelligence Phase in decision-making?
Signup and view all the answers
What type of problems require human experts, ES, KMS, brainstorming/GSS, OLAP, data/text mining during decision-making?
What type of problems require human experts, ES, KMS, brainstorming/GSS, OLAP, data/text mining during decision-making?
Signup and view all the answers
What is emphasized as enabling continuous scanning of external and internal information sources to identify problems and/or opportunities during the Intelligence Phase of decision-making?
What is emphasized as enabling continuous scanning of external and internal information sources to identify problems and/or opportunities during the Intelligence Phase of decision-making?
Signup and view all the answers
What does the Choice Phase primarily involve in decision-making?
What does the Choice Phase primarily involve in decision-making?
Signup and view all the answers
Enabling continuous scanning of external and internal information sources to identify problems and/or opportunities is a support for the Design Phase in decision-making.
Enabling continuous scanning of external and internal information sources to identify problems and/or opportunities is a support for the Design Phase in decision-making.
Signup and view all the answers
The Choice Phase in decision-making primarily involves generating alternative courses of action and determining the criteria for choice.
The Choice Phase in decision-making primarily involves generating alternative courses of action and determining the criteria for choice.
Signup and view all the answers
The Implementation Phase primarily involves the timely identification of opportunities and explaining the justification to reduce resistance to change.
The Implementation Phase primarily involves the timely identification of opportunities and explaining the justification to reduce resistance to change.
Signup and view all the answers
RFID and other wireless technologies are slower compared to faster computers and better algorithms in processing huge amounts of heterogeneous/distributed data.
RFID and other wireless technologies are slower compared to faster computers and better algorithms in processing huge amounts of heterogeneous/distributed data.
Signup and view all the answers