Managerial Decision Making Quiz

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HeavenlyBalance31
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What is the nature of managerial decision making?

Responding to opportunities and threats by analyzing options

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

Programmed and nonprogrammed decisions

Why is nonprogrammed decision making considered complex and uncertain?

Due to the unique and non-routine nature of the decisions

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

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