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Managerial Decision Making Quiz

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Questions and Answers

What is the nature of managerial decision making?

Avoiding analysis of options

Ignoring opportunities and threats

Responding to opportunities and threats by analyzing options (correct)

Reacting to opportunities and threats without analysis

What are the two types of decisions that managers differentiate between?

Short-term and long-term decisions

Individual and group decisions

Easy and difficult decisions

Programmed and nonprogrammed decisions (correct)

Why is nonprogrammed decision making considered complex and uncertain?

Due to the unique and non-routine nature of the decisions (correct)

Because it involves only routine tasks

Due to the simplicity of the decisions

Because it follows a strict set of guidelines

What can lead managers to make poor decisions?

<p>Cognitive biases</p> Signup and view all the answers

What role do organizational learning and creativity play in helping managers improve their decisions?

<p>They help managers improve their decisions</p> Signup and view all the answers

Managerial Decision Making Quiz

Choose a study mode

Podcast

Questions and Answers

What is the nature of managerial decision making?

What are the two types of decisions that managers differentiate between?

Why is nonprogrammed decision making considered complex and uncertain?

What can lead managers to make poor decisions?

What role do organizational learning and creativity play in helping managers improve their decisions?

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