Exam 9: Managing Decision Making and Problem Solving

When an employee comes to you with a feasibility evaluation of a decision alternative,he will give you information about how practical the alternative is for the organization.

Yum Brands is expanding its Chinese presence into smaller cities like Yiyang and Zhengzhou because larger cities are saturated.This is an example of a(n)____ decision.

Which of the following statements about programmed decisions is FALSE?

Will has a stack of resumes.He throws out all the ones without a masters degree.Which criterion for evaluating a decision alternative do these candidates fail to meet?

The rational model of decision making assumes all of the following EXCEPT

Your assistant comes to you with the feasibility evaluation of a decision alternative.What should he be describing to you?

In evaluating a decision alternative,the decision maker should apply three criteria.Briefly discuss each criterion.

Most of the significant decision making in organizations is done under the decision-making condition of ____________________.

Managers make decisions about problems but not opportunities.

The administrative model holds that managers have incomplete and imperfect information,are constrained by bounded rationality,and tend to ____________________ when making decisions.

In your personal finances,when you have budgeted properly,paying your tuition bill is a(n)____________________ decision.

Which of the following statements about the classical model of decision making is FALSE?

Most of the significant decisions in contemporary organizations are made under which decision-making condition?

Compare and contrast the assumptions of the behavioral and rational models of decision making.

Which of the following decision-making models involves recognizing and defining the situation,developing alternatives,selecting an alternative,implementing the chosen alternative,and following up?

The first step in the rational decision-making model is ____________________ the decision situation.

Which of the following decision-making models is based on the belief that human behavior is unerringly rational?

The decision by executives at NBC to air Up All Night to see if it could find a show to improve its primetime viewership was an example of a decision made

Under what conditions is it better to use group or team decisions rather than individual decisions?

A manager can use her past experiences,relevant information,the advice of others,and her own judgment to decrease the risk associated with a decision.