Exam 6: Managers As Decision Makers

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Programmed decision making tends to rely on which of the following?

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When decision makers seek out information that reaffirms their past choices and discount information that contradicts past judgments, they are exhibiting ________.

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Which of the following factors contrasts the difference between a policy and a rule?

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Which of the following must be present in order to initiate the decision-making process?

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What is the tendency for decision makers to falsely believe that they would have accurately predicted the outcome of an event once that outcome is actually known?

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It is possible at the end of the decision-making process that you may be required to start the process over again.

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Decision making is synonymous with managing.

(True/False)
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The first step in the decision-making process is which of the following?

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________ is a situation in which a manager can make accurate decisions because the outcome of every alternative is known.

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A person at a horse racetrack who bets all of his/her money on the odds-based long shot to 'win' (rather than 'place' or 'show')is making what kind of choice?

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HROs listen to frontline workers.

(True/False)
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According to the textbook, all of the following are aspects of intuition EXCEPT ________.

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Managers are assumed to be ________; they make consistent, value-maximising choices within specified constraints.

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In identifying a problem, a manager ________.

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A discrepancy between an existing and a desired state of affairs is an opportunity.

(True/False)
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Rational analysis and intuitive decision making are complementary.

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In a short essay, discuss the psychological orientation (optimist, pessimist, etc.)of the decision-maker as it relates to decision making under conditions of uncertainty (minimax, maximin and maximax).

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________ includes conveying a decision to those affected and getting their commitment to it.

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In a short essay, list and discuss the two thinking styles as described in the text.

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Which of the following is NOT an 'organising' decision?

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