Podcast
Questions and Answers
What strategic factor is critical in determining the action to be taken in solving a given problem?
What strategic factor is critical in determining the action to be taken in solving a given problem?
- Environmental factors
- Strategic factors (correct)
- Cultural factors
- Organizational factors
According to which management expert, strategic factors are essential in decision making?
According to which management expert, strategic factors are essential in decision making?
- Peter Drucker
- Louis Allen
- Chester I Barnard (correct)
- George Terry
What type of factors should a manager consider while evaluating alternatives?
What type of factors should a manager consider while evaluating alternatives?
- Only Intangible factors
- Both Tangible and Intangible factors (correct)
- Either Tangible or Intangible factors
- Only Tangible factors
Which of the following criteria is NOT mentioned by Drucker for selection of an alternative?
Which of the following criteria is NOT mentioned by Drucker for selection of an alternative?
What is the final step in the decision making process?
What is the final step in the decision making process?
Who is credited with the classification of decisions into programmed and non-programmed decisions?
Who is credited with the classification of decisions into programmed and non-programmed decisions?
What type of decisions refer to decisions techniques and rules?
What type of decisions refer to decisions techniques and rules?
What is the primary goal of a manager in the decision making process?
What is the primary goal of a manager in the decision making process?
What is the primary consideration of a manager while evaluating alternatives?
What is the primary consideration of a manager while evaluating alternatives?
What is the main purpose of evaluation of alternatives in the decision making process?
What is the main purpose of evaluation of alternatives in the decision making process?
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