Question 1

When the probabilities of alternative outcomes cannot be determined and future outcomes are unknown, there exists:

Accepted Answer

A)  satisficing ambiguity. 
B)  systematic error. 
C)  prior-hypothesis bias. 
D)  uncertainty. 
E)  blocking. 
A)  satisficing ambiguity. 
B)  systematic error. 
C)  prior-hypothesis bias. 
D)  uncertainty. 
E)  blocking.

Question 2

Intrapreneurial managers who leave their current organizations because of a lack of opportunity and start their own companies are known as _____.

Accepted Answer

A)  skunkworks 
B)  social entrepreneurs 
C)  entrepreneurs 
D)  product champions 
E)  devil's advocates 
A)  skunkworks 
B)  social entrepreneurs 
C)  entrepreneurs 
D)  product champions 
E)  devil's advocates

Question 3

Nonprogrammed decision making is a routine, virtually automatic process.

Accepted Answer

A) True 
 B)False

Question 4

Nonroutine decisions made in response to novel situations in business are known as:

Accepted Answer

A)  rule-based decisions. 
B)  automatic decisions. 
C)  guideline-based decisions. 
D)  predetermined decisions. 
E)  nonprogrammed decisions. 
A)  rule-based decisions. 
B)  automatic decisions. 
C)  guideline-based decisions. 
D)  predetermined decisions. 
E)  nonprogrammed decisions.

Question 5

Team learning is less important than individual learning when increasing organizational learning.

Accepted Answer

A) True 
 B)False

Question 6

Eileen, a college professor, has to pick a textbook for an upcoming course. She has just enough time to review a few books from the many choices available. She settles for one of the books, even though the best book might be a book that she hasn't yet reviewed. What is this process called?

Accepted Answer

A)  Optimizing 
B)  Brainstorming 
C)  Rationality binding 
D)  Satisficing 
E)  Cognitive biasing 
A)  Optimizing 
B)  Brainstorming 
C)  Rationality binding 
D)  Satisficing 
E)  Cognitive biasing

Question 7

_____ are rules of thumb that simplify the decision-making process.

Accepted Answer

A)  Dialectical inquires 
B)  Cognitive biases 
C)  Heuristics 
D)  Intuitions 
E)  Reasoned judgments 
A)  Dialectical inquires 
B)  Cognitive biases 
C)  Heuristics 
D)  Intuitions 
E)  Reasoned judgments

Question 8

A situation in which the number of suitable alternatives are greater than what a manager can evaluate is called _____.

Accepted Answer

A)  prior-hypothesis 
B)  bounded rationality 
C)  productive blocking 
D)  illusion of control 
E)  satisficing ambiguity 
A)  prior-hypothesis 
B)  bounded rationality 
C)  productive blocking 
D)  illusion of control 
E)  satisficing ambiguity

Question 9

The final step in the decision-making process is learning from feedback.

Accepted Answer

A) True 
 B)False

Question 10

When uncertainty exists, the probabilities of alternative outcomes cannot be determined and future outcomes are unknown.

Accepted Answer

A) True 
 B)False

Question 11

Dale, a manager, is assessing possible alternative solutions of a problem. Dale attempts to determine whether a possible alternative will threaten other company projects. Which criterion of decision making is Dale focusing on?

Accepted Answer

A)  Economic feasibility 
B)  Practicality 
C)  Legality 
D)  Ethicalness 
E)  Functionality 
A)  Economic feasibility 
B)  Practicality 
C)  Legality 
D)  Ethicalness 
E)  Functionality

When the probabilities of alternative outcomes cannot be determined and future outcomes are unknown, there exists:

Intrapreneurial managers who leave their current organizations because of a lack of opportunity and start their own companies are known as _____.

Nonprogrammed decision making is a routine, virtually automatic process.

Nonroutine decisions made in response to novel situations in business are known as:

Team learning is less important than individual learning when increasing organizational learning.

Eileen, a college professor, has to pick a textbook for an upcoming course. She has just enough time to review a few books from the many choices available. She settles for one of the books, even though the best book might be a book that she hasn't yet reviewed. What is this process called?

_____ are rules of thumb that simplify the decision-making process.

A situation in which the number of suitable alternatives are greater than what a manager can evaluate is called _____.

The final step in the decision-making process is learning from feedback.

When uncertainty exists, the probabilities of alternative outcomes cannot be determined and future outcomes are unknown.

Dale, a manager, is assessing possible alternative solutions of a problem. Dale attempts to determine whether a possible alternative will threaten other company projects. Which criterion of decision making is Dale focusing on?

Managers and Managing

The Evolution of Management

Values, Attitudes, Emotions, and Culture: The Manager As a Person

Ethics and Social Responsibility

Managing Diverse Employees in a Multicultural Environment

Managing in the Global Environment

The Manager As a Planner and a Strategist

Value Chain Management: Functional Strategies for Competitive Advantage

Managing Organizational Structure and Culture

Organizational Control and Change

Human Resource Management

Motivation Performance

Leadership

Effective Groups and Teams

Promoting Effective Communication

Managing Conflict, Politics, and Negotiation

Used Advanced Information Technology to Increase Performance

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Exam 7: Decision Making, Learning, Creativity, and Entrepreneurship

When the probabilities of alternative outcomes cannot be determined and future outcomes are unknown, there exists:

Intrapreneurial managers who leave their current organizations because of a lack of opportunity and start their own companies are known as _____.

Nonprogrammed decision making is a routine, virtually automatic process.

Nonroutine decisions made in response to novel situations in business are known as:

Team learning is less important than individual learning when increasing organizational learning.

Eileen, a college professor, has to pick a textbook for an upcoming course. She has just enough time to review a few books from the many choices available. She settles for one of the books, even though the best book might be a book that she hasn't yet reviewed. What is this process called?

_____ are rules of thumb that simplify the decision-making process.

A situation in which the number of suitable alternatives are greater than what a manager can evaluate is called _____.

The final step in the decision-making process is learning from feedback.

When uncertainty exists, the probabilities of alternative outcomes cannot be determined and future outcomes are unknown.

Dale, a manager, is assessing possible alternative solutions of a problem. Dale attempts to determine whether a possible alternative will threaten other company projects. Which criterion of decision making is Dale focusing on?

Managers and Managing

The Evolution of Management

Values, Attitudes, Emotions, and Culture: The Manager As a Person

Ethics and Social Responsibility

Managing Diverse Employees in a Multicultural Environment

Managing in the Global Environment

The Manager As a Planner and a Strategist

Value Chain Management: Functional Strategies for Competitive Advantage

Managing Organizational Structure and Culture

Organizational Control and Change

Human Resource Management

Motivation Performance

Leadership

Effective Groups and Teams

Promoting Effective Communication

Managing Conflict, Politics, and Negotiation

Used Advanced Information Technology to Increase Performance

Filters