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Questions and Answers
According to the text, what is Step 1 of the decision-making process?
According to the text, what is Step 1 of the decision-making process?
- Identify Decision Criteria
- Identifying the Problem (correct)
- Allocate Weights to the Criteria
- Develop Alternatives
What are decision criteria?
What are decision criteria?
- Factors that are important to resolving the problem (correct)
- Factors that are not important to resolving the problem
- Factors that are equally important to resolving the problem
- Factors that are not relevant to resolving the problem
In Step 3 of the decision-making process, what is done with the decision criteria?
In Step 3 of the decision-making process, what is done with the decision criteria?
- Criteria are evaluated and ranked
- Criteria are ignored
- Criteria are discarded
- Weights are allocated to each criteria (correct)
What is Step 4 of the decision-making process?
What is Step 4 of the decision-making process?
In Step 5 of the decision-making process, what is done with the alternatives?
In Step 5 of the decision-making process, what is done with the alternatives?
What is Step 6 of the decision-making process?
What is Step 6 of the decision-making process?
What is Step 8 of the decision-making process?
What is Step 8 of the decision-making process?
Which one of the following is NOT an assumption of rational decision making?
Which one of the following is NOT an assumption of rational decision making?
Which one of the following is a characteristic of bounded rationality?
Which one of the following is a characteristic of bounded rationality?
What is the phenomenon called when there is an increased commitment to a previous decision despite evidence that it may have been wrong?
What is the phenomenon called when there is an increased commitment to a previous decision despite evidence that it may have been wrong?
Which one of the following is NOT a characteristic of intuitive decision making?
Which one of the following is NOT a characteristic of intuitive decision making?
What percentage of managers and other organizational employees emphasized 'gut feeling' over cognitive problem solving and decision making?
What percentage of managers and other organizational employees emphasized 'gut feeling' over cognitive problem solving and decision making?
What is the term used to describe the subconscious process of making decisions on the basis of experience and accumulated judgment?
What is the term used to describe the subconscious process of making decisions on the basis of experience and accumulated judgment?
What is the term used to describe accepting solutions that are 'good enough' rather than maximizing the outcome of a decision by considering all alternatives?
What is the term used to describe accepting solutions that are 'good enough' rather than maximizing the outcome of a decision by considering all alternatives?
Which type of decision is based on experience, feelings, and accumulated judgment?
Which type of decision is based on experience, feelings, and accumulated judgment?
What is the term for decisions that are new or unusual and for which information is ambiguous or incomplete?
What is the term for decisions that are new or unusual and for which information is ambiguous or incomplete?
Which type of decision can be handled by a routine approach?
Which type of decision can be handled by a routine approach?
What is the term for a series of interrelated sequential steps that a manager can use to respond to a well-structured problem?
What is the term for a series of interrelated sequential steps that a manager can use to respond to a well-structured problem?
Which type of problem involves goals that are clear, familiar, and easily and completely defined?
Which type of problem involves goals that are clear, familiar, and easily and completely defined?
What is the term for a general guideline for making a decision about a structured problem?
What is the term for a general guideline for making a decision about a structured problem?
What is the term for decisions that are unique and nonrecurring?
What is the term for decisions that are unique and nonrecurring?
Which thinking style reflects a person's tendency to use external data/facts and process information through rational, logical thinking?
Which thinking style reflects a person's tendency to use external data/facts and process information through rational, logical thinking?
Why is it important for managers to recognize that employees may have different decision-making styles?
Why is it important for managers to recognize that employees may have different decision-making styles?
Which of the following is NOT one of the eight steps in the decision-making process?
Which of the following is NOT one of the eight steps in the decision-making process?
Which level of managers make decisions about weekly or monthly production schedules, problems that arise, pay raises, and disciplining employees?
Which level of managers make decisions about weekly or monthly production schedules, problems that arise, pay raises, and disciplining employees?
What is the definition of a problem in the context of decision-making?
What is the definition of a problem in the context of decision-making?
What is the first step in the decision-making process?
What is the first step in the decision-making process?
Which one of the following is NOT a way managers make decisions?
Which one of the following is NOT a way managers make decisions?
What is the comprehensive process of choosing among alternatives called?
What is the comprehensive process of choosing among alternatives called?
Which one of the following is NOT a step in the decision-making process?
Which one of the following is NOT a step in the decision-making process?
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