Question 1

There are seven phases in the rational decision making model.

Accepted Answer

A) True 
 B)False

Question 2

Intel's CEO illustrates the planning and administration competency in the comment: "Occasionally it is more important to get the decision made than it is to collect more data."

Accepted Answer

A) True 
 B)False

Question 3

__________ is an example of radical innovation.

Accepted Answer

A)  Akami Technologies 
B)  AmeriScan 
C)  Phillips Consumer Electronics 
D)  Xerox Corporation 
A)  Akami Technologies 
B)  AmeriScan 
C)  Phillips Consumer Electronics 
D)  Xerox Corporation

Question 4

Hyundai experienced a business crisis in 1998 as a result of its __________.

Accepted Answer

A)  import restrictions 
B)  product quality 
C)  harassment scandals 
D)  unattractive styling 
A)  import restrictions 
B)  product quality 
C)  harassment scandals 
D)  unattractive styling

Question 5

Don Carty, CEO of American Airlines, lost his job as an outcome of miscommunications related to all of the following problem areas except __________.

Accepted Answer

A)  full public disclosure of the seriousness of the company's financial condition 
B)  full disclosure to unions about lucrative executive bonuses and protections 
C)  offering to resign if the unions would take pay cuts 
D)  threatening bankruptcy if unions would not take pay cuts 
A)  full public disclosure of the seriousness of the company's financial condition 
B)  full disclosure to unions about lucrative executive bonuses and protections 
C)  offering to resign if the unions would take pay cuts 
D)  threatening bankruptcy if unions would not take pay cuts

Question 6

Nancy Barnes decided to become a flight attendant when she graduates from college in two years. She liked the regular hours and substantial benefits. Recently, the news has reported that benefits will no longer be offered to flight attendants, and that they will have to work standby hours. Barnes decides to become a teacher. Barnes has changed her decision in part because __________.

Accepted Answer

A)  the conditions under which she made her initial decision changed 
B)  she is certain that the employment conditions will not improve 
C)  she did not have information about the job when she made her initial decision 
D)  she did not know how to make decisions 
A)  the conditions under which she made her initial decision changed 
B)  she is certain that the employment conditions will not improve 
C)  she did not have information about the job when she made her initial decision 
D)  she did not know how to make decisions

There are seven phases in the rational decision making model.

Intel's CEO illustrates the planning and administration competency in the comment: "Occasionally it is more important to get the decision made than it is to collect more data."

__________ is an example of radical innovation.

Hyundai experienced a business crisis in 1998 as a result of its __________.

Don Carty, CEO of American Airlines, lost his job as an outcome of miscommunications related to all of the following problem areas except __________.

Managing in a Dynamic Environment

The Evolution of Management

Environmental Forces

Managing Globally

Entrepreneurship

Ethics and Stakeholder Social Responsibility

Planning and Strategy

Planning and Decision Aids

Controlling in Organizations

Organizational Design

Organizational Change and Learning

Managing Human Resources

Work Motivation

Dynamics of Leadership

Organizational Communication

Managing Work Teams

Organizational Culture and Cultural Diversity

Filters

Exam 8: Fundamentals of Decision Making

There are seven phases in the rational decision making model.

Intel's CEO illustrates the planning and administration competency in the comment: "Occasionally it is more important to get the decision made than it is to collect more data."

__________ is an example of radical innovation.

Hyundai experienced a business crisis in 1998 as a result of its __________.

Don Carty, CEO of American Airlines, lost his job as an outcome of miscommunications related to all of the following problem areas except __________.

Managing in a Dynamic Environment

The Evolution of Management

Environmental Forces

Managing Globally

Entrepreneurship

Ethics and Stakeholder Social Responsibility

Planning and Strategy

Planning and Decision Aids

Controlling in Organizations

Organizational Design

Organizational Change and Learning

Managing Human Resources

Work Motivation

Dynamics of Leadership

Organizational Communication

Managing Work Teams

Organizational Culture and Cultural Diversity

Filters