Question 1

A(n)_____ is a choice made from available alternatives.

Accepted Answer

decision

Question 2

What are the six steps in the managerial decision making process?

Accepted Answer

The six steps are (1)recognize the decision requirement;(2)diagnose and analyze the causes;(3)develop alternatives;(4)select the desired alternative;(5)implement the chosen alternative;and (6)evaluate and determine feedback.

Question 3

People with a(n)_____ style usually are concerned with the personal development of others and may make decisions that help others achieve their goals.

Accepted Answer

behavioral

Question 4

_____ decisions are associated with decision rules.

Accepted Answer

A) Nonprogrammed 
B) Unique 
C) Programmed 
D) Ill-structured 
E) Novel 
A) Nonprogrammed 
B) Unique 
C) Programmed 
D) Ill-structured 
E) Novel

Question 5

_____ exists when managers see potential of enhancing performance beyond current levels.

Accepted Answer

The answer of _____ exists when managers see potential of...

Question 6

All of the following are cognitive biases that can affect manager's judgment,except:

Accepted Answer

A) being influenced by initial impressions. 
B) justifying past decisions. 
C) seeing what you don't want to see. 
D) perpetuating the status quo. 
E) overconfidence. 
A) being influenced by initial impressions. 
B) justifying past decisions. 
C) seeing what you don't want to see. 
D) perpetuating the status quo. 
E) overconfidence.

Question 7

People with a(n)_____ style rely on information from both people and systems and like to solve problems creatively.

Accepted Answer

The answer of People with a(n)_____ style rely on information...

Question 8

Groupthink refers to the tendency of people in groups to suppress contrary opinions.

Accepted Answer

A) True 
 B)False

Question 9

Risk propensity refers to the willingness to undertake risk with the opportunity of gaining an increased payoff.

Accepted Answer

A) True 
 B)False

Question 10

Examples of nonprogrammed decisions would include the decision to:

Accepted Answer

A) reorder supplies. 
B) develop a new product or service. 
C) perform routine maintenance on one of the machines in manufacturing. 
D) terminate an employee for violation of company rules. 
E) fill a position. 
A) reorder supplies. 
B) develop a new product or service. 
C) perform routine maintenance on one of the machines in manufacturing. 
D) terminate an employee for violation of company rules. 
E) fill a position.

Question 11

The most effective managers are consistent in using their own decision style rather than shifting among styles.

Accepted Answer

A) True 
 B)False

Question 12

Most bad decisions are errors in judgment that originate in the human mind's limited capacity and in the natural biases of the manager.

Accepted Answer

A) True 
 B)False

Question 13

Which style is used by people who prefer simple,clear-cut solutions to problems?

Accepted Answer

A) Behavioral 
B) Conceptual 
C) Directive 
D) Analytical 
E) Classical 
A) Behavioral 
B) Conceptual 
C) Directive 
D) Analytical 
E) Classical

Question 14

Managers will frequently look for new information that contradicts their instincts or original point of view.

Accepted Answer

A) True 
 B)False

Question 15

Genna is collecting data on how well the organization has done since their new strategy was implemented.She is in what stage of the managerial decision making process?

Accepted Answer

A) The generation of alternatives 
B) Implementation of the chosen alternative 
C) Evaluation and feedback 
D) Recognition of the decision requirement 
E) Selection of desired alternative 
A) The generation of alternatives 
B) Implementation of the chosen alternative 
C) Evaluation and feedback 
D) Recognition of the decision requirement 
E) Selection of desired alternative

Question 16

Differences among people with respect to how they perceive problems and make decisions is called _____.

Accepted Answer

The answer of Differences among people with respect to how...

Question 17

When managers base decisions on what has worked in the past and fail to explore new options,they are:

Accepted Answer

A) perpetuating the status quo. 
B) being influenced by emotions. 
C) being overconfident. 
D) justifying past actions. 
E) seeing what they want to see. 
A) perpetuating the status quo. 
B) being influenced by emotions. 
C) being overconfident. 
D) justifying past actions. 
E) seeing what they want to see.

Question 18

People who prefer simple,clear-cut solutions to problems use the directive style.

Accepted Answer

A) True 
 B)False

Question 19

A(n)_____ is assigned the role of challenging the assumptions and assertions made by the group.

Accepted Answer

The answer of A(n)_____ is assigned the role of challenging...

Question 20

Managers with a(n)_____ style may make decisions that help others achieve their goals.

Accepted Answer

A) behavioral 
B) conceptual 
C) directive 
D) analytical 
E) classical 
A) behavioral 
B) conceptual 
C) directive 
D) analytical 
E) classical

A(n)_____ is a choice made from available alternatives.

What are the six steps in the managerial decision making process?

People with a(n)_____ style usually are concerned with the personal development of others and may make decisions that help others achieve their goals.

_____ decisions are associated with decision rules.

_____ exists when managers see potential of enhancing performance beyond current levels.

All of the following are cognitive biases that can affect manager's judgment,except:

People with a(n)_____ style rely on information from both people and systems and like to solve problems creatively.

Groupthink refers to the tendency of people in groups to suppress contrary opinions.

Risk propensity refers to the willingness to undertake risk with the opportunity of gaining an increased payoff.

Examples of nonprogrammed decisions would include the decision to:

The most effective managers are consistent in using their own decision style rather than shifting among styles.

Most bad decisions are errors in judgment that originate in the human mind's limited capacity and in the natural biases of the manager.

Which style is used by people who prefer simple,clear-cut solutions to problems?

Managers will frequently look for new information that contradicts their instincts or original point of view.

Genna is collecting data on how well the organization has done since their new strategy was implemented.She is in what stage of the managerial decision making process?

Differences among people with respect to how they perceive problems and make decisions is called _____.

When managers base decisions on what has worked in the past and fail to explore new options,they are:

People who prefer simple,clear-cut solutions to problems use the directive style.

A(n)_____ is assigned the role of challenging the assumptions and assertions made by the group.

Managers with a(n)_____ style may make decisions that help others achieve their goals.

The World of Innovative Management

The Environment and Corporate Culture

Managing in a Global Environment

Managing Ethics and Social Responsibility

Planning and Goal Setting

Designing Organization Structure

Managing Change and Innovation

Managing Human Resources and Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters

Exam 6: Managerial Decision Making

A(n)_____ is a choice made from available alternatives.

What are the six steps in the managerial decision making process?

People with a(n)_____ style usually are concerned with the personal development of others and may make decisions that help others achieve their goals.

_____ decisions are associated with decision rules.

_____ exists when managers see potential of enhancing performance beyond current levels.

All of the following are cognitive biases that can affect manager's judgment,except:

People with a(n)_____ style rely on information from both people and systems and like to solve problems creatively.

Groupthink refers to the tendency of people in groups to suppress contrary opinions.

Risk propensity refers to the willingness to undertake risk with the opportunity of gaining an increased payoff.

Examples of nonprogrammed decisions would include the decision to:

The most effective managers are consistent in using their own decision style rather than shifting among styles.

Most bad decisions are errors in judgment that originate in the human mind's limited capacity and in the natural biases of the manager.

Which style is used by people who prefer simple,clear-cut solutions to problems?

Managers will frequently look for new information that contradicts their instincts or original point of view.

Genna is collecting data on how well the organization has done since their new strategy was implemented.She is in what stage of the managerial decision making process?

Differences among people with respect to how they perceive problems and make decisions is called _____.

When managers base decisions on what has worked in the past and fail to explore new options,they are:

People who prefer simple,clear-cut solutions to problems use the directive style.

A(n)_____ is assigned the role of challenging the assumptions and assertions made by the group.

Managers with a(n)_____ style may make decisions that help others achieve their goals.

The World of Innovative Management

The Environment and Corporate Culture

Managing in a Global Environment

Managing Ethics and Social Responsibility

Planning and Goal Setting

Designing Organization Structure

Managing Change and Innovation

Managing Human Resources and Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters