Question 1

What is intuition? Give an example to support your definition.Should managers use intuition in decision making? Why or why not?

Accepted Answer

Intuition is the set of feelings,beliefs

Question 2

The pattern of faulty and biased decision making that occurs in groups whose members strive for argument at the expense of good decision making is called:

Accepted Answer

A)  brainstorming. 
B)  groupthink. 
C)  devil's advocacy. 
D)  bounded rationality. 
E)  satisficing. 
A)  brainstorming. 
B)  groupthink. 
C)  devil's advocacy. 
D)  bounded rationality. 
E)  satisficing.

Question 3

Casey,the accountant for a small firm,pays the real estate taxes seven days before they are due.This represents which type of decision?

Accepted Answer

A)  Satisficing 
B)  Programmed 
C)  Intuition 
D)  Nonprogrammed 
E)  Groupthink 
A)  Satisficing 
B)  Programmed 
C)  Intuition 
D)  Nonprogrammed 
E)  Groupthink

Question 4

A manager who makes a decision based on his/her judgment is using a less rational process than a manager who makes a decision using his/her intuition.

Accepted Answer

A) True 
 B)False

Question 5

A group of managers meets face-to-face and generates and debates a wide variety of alternatives from which to make a decision.What is this process of decision making called?

Accepted Answer

A)  Delphi technique 
B)  Dialectical inquiry 
C)  Brainstorming 
D)  Nominal group technique 
E)  Programmed decision making 
A)  Delphi technique 
B)  Dialectical inquiry 
C)  Brainstorming 
D)  Nominal group technique 
E)  Programmed decision making

Question 6

Dale,a manager,is assessing possible alternatives for the solution of a quality problem in his department.As Dale does so,he attempts to determine if a possible alternative will threaten other company projects.Which of the following criteria of decision-making is being implemented by Dale?

Accepted Answer

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

Question 7

Which of the following is a way to bring distant managers together to brainstorm and is a written approach to creative problem solving?

Accepted Answer

A)  Brainstorming 
B)  Dialectical inquiry 
C)  The Delphi technique 
D)  Nominal group technique 
E)  Systems thinking 
A)  Brainstorming 
B)  Dialectical inquiry 
C)  The Delphi technique 
D)  Nominal group technique 
E)  Systems thinking

Question 8

Peter Senge has identified five principles that can be used by an organization to create "a learning organization." Discuss any three of these principles.

Accepted Answer

Peter Senge identified five principles f

Question 9

Define groupthink.Explain a technique that counteracts groupthink.

Accepted Answer

Groupthink is a pattern of faulty and bi

Question 10

There are three important techniques that managers can use to promote creativity in group decision-making situations.Discuss any two of these techniques.

Accepted Answer

To encourage creativity at the group lev

Question 11

Entrepreneurship encompasses all the decisions involved in planning,organizing,leading,and controlling resources.

Accepted Answer

A) True 
 B)False

Question 12

Contests and rewards signal the importance of coming up with creative ideas and encourage employees to share them.

Accepted Answer

A) True 
 B)False

Question 13

Dynamic Explosives is trying to decide whether or not to launch a new product nationally.This represents a(n)________________ decision.

Accepted Answer

A)  programmed 
B)  intuitive 
C)  groupthink 
D)  nonprogrammed 
E)  satisficing 
A)  programmed 
B)  intuitive 
C)  groupthink 
D)  nonprogrammed 
E)  satisficing

Question 14

The ability of a decision maker to discover novel ideas that lead to feasible alternatives in decision making is known as creativity.

Accepted Answer

A) True 
 B)False

Question 15

A critical analysis of a preferred alternative to ascertain its strengths and weaknesses before it is implemented,with the purpose of identifying all the reasons that might make the preferred alternative unacceptable is a:

Accepted Answer

A)  dialectical inquiry. 
B)  devil's advocacy. 
C)  groupthink. 
D)  delphi technique. 
E)  satisficing decision. 
A)  dialectical inquiry. 
B)  devil's advocacy. 
C)  groupthink. 
D)  delphi technique. 
E)  satisficing decision.

Question 16

The classical model of decision making specifies how decisions should be made by managers;this is a way of saying that this model of decision making is:

Accepted Answer

A)  heuristic. 
B)  prescriptive. 
C)  incomplete. 
D)  intuitive. 
E)  satisficing. 
A)  heuristic. 
B)  prescriptive. 
C)  incomplete. 
D)  intuitive. 
E)  satisficing.

Question 17

Managers can use a variety of techniques in group decision-making situations to counteract situations in which the group is suffering from groupthink or cognitive biases.Two such techniques have been shown to be especially useful in such situations.Discuss these two techniques.

Accepted Answer

The two techniques that have been found

Question 18

The likelihood of a manager making an error in judgment is much greater in programmed decision-making than in nonprogrammed decision-making.

Accepted Answer

A) True 
 B)False

Question 19

Groups often take longer than individuals to make decisions.

Accepted Answer

A) True 
 B)False

Question 20

Entrepreneurship is the same as management.

Accepted Answer

A) True 
 B)False

What is intuition? Give an example to support your definition.Should managers use intuition in decision making? Why or why not?

The pattern of faulty and biased decision making that occurs in groups whose members strive for argument at the expense of good decision making is called:

Casey,the accountant for a small firm,pays the real estate taxes seven days before they are due.This represents which type of decision?

A manager who makes a decision based on his/her judgment is using a less rational process than a manager who makes a decision using his/her intuition.

A group of managers meets face-to-face and generates and debates a wide variety of alternatives from which to make a decision.What is this process of decision making called?

Dale,a manager,is assessing possible alternatives for the solution of a quality problem in his department.As Dale does so,he attempts to determine if a possible alternative will threaten other company projects.Which of the following criteria of decision-making is being implemented by Dale?

Which of the following is a way to bring distant managers together to brainstorm and is a written approach to creative problem solving?

Peter Senge has identified five principles that can be used by an organization to create "a learning organization." Discuss any three of these principles.

Define groupthink.Explain a technique that counteracts groupthink.

There are three important techniques that managers can use to promote creativity in group decision-making situations.Discuss any two of these techniques.

Entrepreneurship encompasses all the decisions involved in planning,organizing,leading,and controlling resources.

Contests and rewards signal the importance of coming up with creative ideas and encourage employees to share them.

Dynamic Explosives is trying to decide whether or not to launch a new product nationally.This represents a(n)________________ decision.

The ability of a decision maker to discover novel ideas that lead to feasible alternatives in decision making is known as creativity.

A critical analysis of a preferred alternative to ascertain its strengths and weaknesses before it is implemented,with the purpose of identifying all the reasons that might make the preferred alternative unacceptable is a:

The classical model of decision making specifies how decisions should be made by managers;this is a way of saying that this model of decision making is:

Managers can use a variety of techniques in group decision-making situations to counteract situations in which the group is suffering from groupthink or cognitive biases.Two such techniques have been shown to be especially useful in such situations.Discuss these two techniques.

The likelihood of a manager making an error in judgment is much greater in programmed decision-making than in nonprogrammed decision-making.

Groups often take longer than individuals to make decisions.

Entrepreneurship is the same as management.

The Management Process Today

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

Managing Ethics and Diversity

Managing in the Global Environment

Planning, Strategy, and Competitive Advantage

Designing Organizational Structure

Control, Change, and Entrepreneurship

Motivation

Leaders and Leadership

Effective Team Management

Building and Managing Human Resources

Communication and Information Technology Management

Operations Management: Managing Vital Operations and Processes

Filters

Exam 5: Decision Making, Learning, Creativity, and Entrepreneurship

What is intuition? Give an example to support your definition.Should managers use intuition in decision making? Why or why not?

The pattern of faulty and biased decision making that occurs in groups whose members strive for argument at the expense of good decision making is called:

Casey,the accountant for a small firm,pays the real estate taxes seven days before they are due.This represents which type of decision?

A manager who makes a decision based on his/her judgment is using a less rational process than a manager who makes a decision using his/her intuition.

A group of managers meets face-to-face and generates and debates a wide variety of alternatives from which to make a decision.What is this process of decision making called?

Dale,a manager,is assessing possible alternatives for the solution of a quality problem in his department.As Dale does so,he attempts to determine if a possible alternative will threaten other company projects.Which of the following criteria of decision-making is being implemented by Dale?

Which of the following is a way to bring distant managers together to brainstorm and is a written approach to creative problem solving?

Peter Senge has identified five principles that can be used by an organization to create "a learning organization." Discuss any three of these principles.

Define groupthink.Explain a technique that counteracts groupthink.

There are three important techniques that managers can use to promote creativity in group decision-making situations.Discuss any two of these techniques.

Entrepreneurship encompasses all the decisions involved in planning,organizing,leading,and controlling resources.

Contests and rewards signal the importance of coming up with creative ideas and encourage employees to share them.

Dynamic Explosives is trying to decide whether or not to launch a new product nationally.This represents a(n)________________ decision.

The ability of a decision maker to discover novel ideas that lead to feasible alternatives in decision making is known as creativity.

A critical analysis of a preferred alternative to ascertain its strengths and weaknesses before it is implemented,with the purpose of identifying all the reasons that might make the preferred alternative unacceptable is a:

The classical model of decision making specifies how decisions should be made by managers;this is a way of saying that this model of decision making is:

Managers can use a variety of techniques in group decision-making situations to counteract situations in which the group is suffering from groupthink or cognitive biases.Two such techniques have been shown to be especially useful in such situations.Discuss these two techniques.

The likelihood of a manager making an error in judgment is much greater in programmed decision-making than in nonprogrammed decision-making.

Groups often take longer than individuals to make decisions.

Entrepreneurship is the same as management.

The Management Process Today

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

Managing Ethics and Diversity

Managing in the Global Environment

Planning, Strategy, and Competitive Advantage

Designing Organizational Structure

Control, Change, and Entrepreneurship

Motivation

Leaders and Leadership

Effective Team Management

Building and Managing Human Resources

Communication and Information Technology Management

Operations Management: Managing Vital Operations and Processes

Filters