Exam 6: Managers As Decision-Makers

Once the alternatives have been identified, a decision maker must analyze each one.

Intuitive decision making is ________.

Managing Your Career (Scenario) Maysa has a new job and is learning to perform the tasks assigned to her. Different situations demand different decision-making processes. -Maysa finds a situation that instructs her in specific, interrelated, sequential steps to respond to a problem. This is referred to as a ________.

Pseudo-consultation refers to ________.

The second step in the decision-making process is identifying a problem.

A ________ typically contains an ambiguous term that leaves interpretation up to the decision maker.

Because managers can't possibly analyze all information on all alternatives, managers ________, rather than ________.

The Car (Scenario) Haifa is a student, and her older brother has loaned her an old car. The car is in need of several repairs before she will feel comfortable driving it. -Haifa decides to have all of the problems fixed on the car. She assumes that the repair person has found all the problems and that there will be no problem correcting the imperfections within a specified budget. This is an example of a ________ decision.

Nonprogrammed decisions are typically made under a condition of ________.

________ decision making is relatively simple and tends to rely heavily on previous solutions.

Managers of highly reliable organizations (HROs) get the input of ________ and let them make decisions.

What term is used by Navy aviators to describe a gut feeling that something isn't right?

The Car (Scenario) Haifa is a student, and her older brother has loaned her an old car. The car is in need of several repairs before she will feel comfortable driving it. -Haifa's brother feels the car is worth repairing because he has owned several cars made by the same manufacturer as this car, and he has driven this car for several years. He is using ________ to determine that the car has value despite its need of repair.

When developing alternatives in the decision-making process, what must a manager do?

If an individual knows the price of three similar cars at different dealerships, he or she is operating under what type of decision-making condition?

Programmed decisions tend to be repetitive and routine.

In Step 6 of the decision-making process, each alternative is evaluated by appraising it against the ________.

A series of eight steps that begins with identifying a problem and concludes with evaluating the decision's effectiveness is the ________.

Managers can make rational decisions if ________.

The First Job (Scenario) Upon graduation, you search for a job with the university's job placement center. Although you have studied and prepared to work in an advertising agency, the first job that you are offered is a supervisor in a manufacturing company working the afternoon shift from 3:00 P.M. until 11:00 P.M. -Under bounded rationality, you would be expected to search for a job by ________.