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Questions and Answers
What is the nature of managerial decision making?
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?
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?
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?
What can lead managers to make poor decisions?
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What role do organizational learning and creativity play in helping managers improve their decisions?
What role do organizational learning and creativity play in helping managers improve their decisions?
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