Exam 8: Decision Making and Problem Solving

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What is the second step of the decision-making process, according to the rational decision-making approach?

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The sales department at a local company determines that product A will moderately boost sales and have a shorter production schedule, so it is decided that this product will be manufactured and sold without considering other options. In choosing this product, the sales department is

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The behavioral approach to decision-making is characterized by all of the following EXCEPT:

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The creative process normally begins with a period of _____.

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Discuss the different information conditions managers may encounter when making decisions. Which condition is ideal? Which condition is most common? How do managers deal with this condition?

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Match the following: -coalition

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Programmed decisions are most common at what level of the organization?

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Verification is the final step in the creative process.

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Describe, discuss, and give examples of the behavioral approach to decision-making.

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Characteristics of nonprogrammed decisions include all but which of the following?

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The last step in the rational decision-making process is

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______ decisions often involve situations that occur often in a company.

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A programmed decision occurs frequently enough for a(n) _______ to be developed.

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Information conditions can be divided into conditions of uncertainty and risk.

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Match the following: -decision-making

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Match the following: -preparation

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At the higher levels of the organization, programmed decisions are common.

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_____ is the extent to which a decision maker is willing to gamble when making a decision.

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Post-decision dissonance refers to doubt about a choice already made.

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Match the following: -divergent thinking

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