Question 1

A(n) ____ environment offers complete information on possible action alternatives and their consequences.

Accepted Answer

The answer of A(n) ____ environment offers complete information on...

Question 2

Heuristics are strategies that help in dealing with complex and ambiguous situations.

Accepted Answer

A) True 
 B)False

Question 3

Melissa has been assigned to implement performance improvement procedures in her organization. She is in the final stage of the decision-making process. In order to make sure that the performance improvement procedures she implemented have been effective, she should _____.

Accepted Answer

A)  analyze the performance improvement procedures 
B)  identify and define the factors affecting performance 
C)  generate and evaluate alternative course of action 
D)  choose a preferred course of action 
E)  evaluate the results 
A)  analyze the performance improvement procedures 
B)  identify and define the factors affecting performance 
C)  generate and evaluate alternative course of action 
D)  choose a preferred course of action 
E)  evaluate the results

Question 4

A(n) _____ environment offers complete information on possible action alternatives and their consequences.

Accepted Answer

A)  uncertain 
B)  speculative 
C)  risk 
D)  certain 
E)  unanticipated 
A)  uncertain 
B)  speculative 
C)  risk 
D)  certain 
E)  unanticipated

Question 5

Judith has been asked to prepare a report comparing the profits the company earned in the current financial year in its domestic market and compare it with the previous year's report for the same market. The type of problem faced by Judith in the above scenario is a(n) _____ problem.

Accepted Answer

A)  unstructured 
B)  structured 
C)  ambiguous 
D)  framing 
E)  uncertain 
A)  unstructured 
B)  structured 
C)  ambiguous 
D)  framing 
E)  uncertain

Question 6

The classical decision model describes decision making with ____ information.

Accepted Answer

The answer of The classical decision model describes decision making...

Question 7

_____ serve a critical function in organizations to collect, organize, and distribute data.

Accepted Answer

A)  Classical Decision Models 
B)  Executive Dashboards 
C)  Management Information Systems 
D)  Organizational Cultures 
E)  Problem Solvers 
A)  Classical Decision Models 
B)  Executive Dashboards 
C)  Management Information Systems 
D)  Organizational Cultures 
E)  Problem Solvers

Question 8

____ problems are straightforward and clear with respect to information needs.

Accepted Answer

The answer of ____ problems are straightforward and clear with...

Question 9

_____ competency is the ability to locate, gather, and organize meaningful data for use in decision making.

Accepted Answer

A)  Technological 
B)  Interpersonal 
C)  Information 
D)  Innovation 
E)  Analytical 
A)  Technological 
B)  Interpersonal 
C)  Information 
D)  Innovation 
E)  Analytical

Question 10

A(n) _____ decision chooses the alternative that gives the absolute best solution to a problem.

Accepted Answer

A)  satisficing 
B)  intuitive 
C)  optimizing 
D)  experimental 
E)  heuristic 
A)  satisficing 
B)  intuitive 
C)  optimizing 
D)  experimental 
E)  heuristic

Question 11

_____ is the continuation of a course of action even though it is not working.

Accepted Answer

A)  Confirmation error 
B)  Escalating commitment 
C)  Lack-of-participation error 
D)  Framing error 
E)  Strategic opportunism 
A)  Confirmation error 
B)  Escalating commitment 
C)  Lack-of-participation error 
D)  Framing error 
E)  Strategic opportunism

Question 12

How does design thinking help in making creative decisions?

Accepted Answer

Design thinking unlocks creativity in de

Question 13

The first step in design thinking is visualizing and brainstorming potential solutions in collaboration with others.

Accepted Answer

A) True 
 B)False

Question 14

A(n) _____ environment lacks so much information that it is difficult to assign probabilities to the likely outcomes of alternatives.

Accepted Answer

A)  anticipated 
B)  risk 
C)  certain 
D)  threat 
E)  uncertain 
A)  anticipated 
B)  risk 
C)  certain 
D)  threat 
E)  uncertain

Question 15

A decision that chooses the first acceptable alternative that comes to one's attention is called a(n) _____ decision.

Accepted Answer

A)  optimizing 
B)  fully informed 
C)  influential 
D)  satisficing 
E)  absolute best 
A)  optimizing 
B)  fully informed 
C)  influential 
D)  satisficing 
E)  absolute best

Question 16

A person decides that a group is aggressive after finding out that some members of that group are aggressive. This is an example of representativeness bias.

Accepted Answer

A) True 
 B)False

Question 17

Sumaira has been asked to prepare a report on the best advertising campaign for the new product her company is launching in a new market. The type of problem being faced by Sumaira in the above situation is a(n) _____ problem.

Accepted Answer

A)  integrated 
B)  anticipated 
C)  computational 
D)  certain 
E)  unstructured 
A)  integrated 
B)  anticipated 
C)  computational 
D)  certain 
E)  unstructured

Question 18

The ____ questions test the ethics of a decision by exposing it to scrutiny through the eyes of family, community members, and ethical role models.

Accepted Answer

spotlight,

Question 19

Nikolai and his team have been asked to make a decision on implementing a new technology that might help to decrease the production time at their firm. They do not have any factual information about the performance of the new technology, and it is difficult to predict the outcome of their decision. They are forced to rely heavily on their intuition to make the decision. This represents a(n) _____ environment.

Accepted Answer

A)  anticipated 
B)  secure 
C)  certain 
D)  precise 
E)  uncertain 
A)  anticipated 
B)  secure 
C)  certain 
D)  precise 
E)  uncertain

Question 20

_____ thinking is an ability to address many problems at once.

Accepted Answer

A)  Lateral 
B)  Intuitive 
C)  Systematic 
D)  Critical 
E)  Multidimensional 
A)  Lateral 
B)  Intuitive 
C)  Systematic 
D)  Critical 
E)  Multidimensional

A(n) ____ environment offers complete information on possible action alternatives and their consequences.

Heuristics are strategies that help in dealing with complex and ambiguous situations.

Melissa has been assigned to implement performance improvement procedures in her organization. She is in the final stage of the decision-making process. In order to make sure that the performance improvement procedures she implemented have been effective, she should _____.

A(n) _____ environment offers complete information on possible action alternatives and their consequences.

Judith has been asked to prepare a report comparing the profits the company earned in the current financial year in its domestic market and compare it with the previous year's report for the same market. The type of problem faced by Judith in the above scenario is a(n) _____ problem.

The classical decision model describes decision making with ____ information.

_____ serve a critical function in organizations to collect, organize, and distribute data.

____ problems are straightforward and clear with respect to information needs.

_____ competency is the ability to locate, gather, and organize meaningful data for use in decision making.

A(n) _____ decision chooses the alternative that gives the absolute best solution to a problem.

_____ is the continuation of a course of action even though it is not working.

How does design thinking help in making creative decisions?

The first step in design thinking is visualizing and brainstorming potential solutions in collaboration with others.

A(n) _____ environment lacks so much information that it is difficult to assign probabilities to the likely outcomes of alternatives.

A decision that chooses the first acceptable alternative that comes to one's attention is called a(n) _____ decision.

A person decides that a group is aggressive after finding out that some members of that group are aggressive. This is an example of representativeness bias.

Sumaira has been asked to prepare a report on the best advertising campaign for the new product her company is launching in a new market. The type of problem being faced by Sumaira in the above situation is a(n) _____ problem.

The ____ questions test the ethics of a decision by exposing it to scrutiny through the eyes of family, community members, and ethical role models.

_____ thinking is an ability to address many problems at once.

Management, Managers, and Careers

Management Learning Past to Present

Ethics and Social Responsibility

Environment, Technology, and Sustainability

Global Management and Cultural Diversity

Entrepreneurship and New Ventures

Planning Processes and Techniques

Control Processes and Systems

Strategy and Strategic Management

Organization Structures

Organizational Culture and Change

Human Resource Management

Leading and Leadership Development

Individual Behavior

Motivation Theory and Practice

Teams and Teamwork

Communication and Collaboration

Filters

Exam 7: Data and Decision Making

A(n) ____ environment offers complete information on possible action alternatives and their consequences.

Heuristics are strategies that help in dealing with complex and ambiguous situations.

Melissa has been assigned to implement performance improvement procedures in her organization. She is in the final stage of the decision-making process. In order to make sure that the performance improvement procedures she implemented have been effective, she should _____.

A(n) _____ environment offers complete information on possible action alternatives and their consequences.

Judith has been asked to prepare a report comparing the profits the company earned in the current financial year in its domestic market and compare it with the previous year's report for the same market. The type of problem faced by Judith in the above scenario is a(n) _____ problem.

The classical decision model describes decision making with ____ information.

_____ serve a critical function in organizations to collect, organize, and distribute data.

____ problems are straightforward and clear with respect to information needs.

_____ competency is the ability to locate, gather, and organize meaningful data for use in decision making.

A(n) _____ decision chooses the alternative that gives the absolute best solution to a problem.

_____ is the continuation of a course of action even though it is not working.

How does design thinking help in making creative decisions?

The first step in design thinking is visualizing and brainstorming potential solutions in collaboration with others.

A(n) _____ environment lacks so much information that it is difficult to assign probabilities to the likely outcomes of alternatives.

A decision that chooses the first acceptable alternative that comes to one's attention is called a(n) _____ decision.

A person decides that a group is aggressive after finding out that some members of that group are aggressive. This is an example of representativeness bias.

Sumaira has been asked to prepare a report on the best advertising campaign for the new product her company is launching in a new market. The type of problem being faced by Sumaira in the above situation is a(n) _____ problem.

The ____ questions test the ethics of a decision by exposing it to scrutiny through the eyes of family, community members, and ethical role models.

_____ thinking is an ability to address many problems at once.

Management, Managers, and Careers

Management Learning Past to Present

Ethics and Social Responsibility

Environment, Technology, and Sustainability

Global Management and Cultural Diversity

Entrepreneurship and New Ventures

Planning Processes and Techniques

Control Processes and Systems

Strategy and Strategic Management

Organization Structures

Organizational Culture and Change

Human Resource Management

Leading and Leadership Development

Individual Behavior

Motivation Theory and Practice

Teams and Teamwork

Communication and Collaboration

Filters