12 Questions
What is the main purpose of strategic decisions?
To set the overall direction of the organization
Which step of the rational decision-making process involves identifying the problem?
Diagnosing the problem
What is the main purpose of tactical decisions?
To determine how things will get done
What is the purpose of operational decisions?
To make decisions that employees make each day to run the organization
Which step of the rational decision-making process involves analyzing the internal and external environment?
Analyzing the environment
What is the main purpose of the decision-making process according to the text?
To identify and choose alternative courses of action
What is the first step in the list of solutions prepared by the engineering manager?
Improve the capacity of the firm by hiring more workers and building additional facilities
What is the purpose of evaluating the alternatives?
To make a choice easier
Which of the following is NOT a characteristic of a good decision?
Good decisions are not accountable
When do managers tend to use the qualitative approach to problem-solving?
When the problem is fairly simple and immediate decisions are needed
What is the purpose of the Economic Order Quantity (EOQ) model?
To determine the optimal number of items to order at one time to minimize total yearly costs
What is the purpose of the Production Order Quantity (POQ) model?
To determine the optimal production quantity
Explore the different categories of decision making in organizations, including strategic, tactical, and operational decisions. Understand the significance of each level of decision making and how they impact the organization.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
