Exam 8: Decision-Making: the Essential Element in Applied Management

The inability or failure to make decisions in situations where sufficient data have been gathered and some type of decision is necessary is known as ________.

System 1 is slow,rational,and calculating.

Consumption of time is one of the drawbacks of group decision-making.

One aspect of brainstorming that is encouraged is ________.

Programmed decisions are repeatedly made,on a routine basis and in concert with pre-established alternatives.

From a practical point of view,the absolutely essential element in all decision-making is having ________.

WYSATI stands for "What you see is all there is."

Determining the rank order of prioritized alternatives based on a vote cast by members of the decision-making group is an integral part of ________.

When leaders overestimate their talents,they make attribution errors.

The drawbacks to group decision-making include all of the following EXCEPT ________.

NGT is designed to ________.

Proactive decisions are a response to a perceived problem the decision maker has a need to resolve.

Decision-making is irrelevant unless it is translated into ________.

The specialized work of making decisions designed to maintain the organization in operation belongs to ________.

Simon argues that all administrators have limitations on their ability to process information and make rational decisions.This concept is known as ________.

The Delphi technique differs from NGT in that ________.

From a decision-making perspective,vacillation refers to the inability to ________.

Heuristic decisions are ________.

While chief executives do not make all decisions personally,they are ultimately responsible for all of the decisions made by their subordinates.

It seems that managers spend most of their time making decisions to solve problems.