Question 1

Special Exercises
Mark whether the following decisions are programmed or nonprogrammed.
-Every week Jill sends an update to her boss

Accepted Answer

A) Programmed decision 
B) Nonprogrammed decision 
A) Programmed decision 
B) Nonprogrammed decision

Question 2

Briefly show how decision makers with both high and low propensity for risk might deal with escalation of commitment.

Accepted Answer

Students should recognize that a person

Question 3

Match the following.You may use a response once,more than once,or not at all.
-Most common form of decision-making group

Accepted Answer

A) Delphi group 
B) Interactive group 
C) Nominal group 
A) Delphi group 
B) Interactive group 
C) Nominal group

Question 4

Behavioral aspects of decisions include political forces,intuition,escalation of commitment,risk and ____________________.

Accepted Answer

The answer of Behavioral aspects of decisions include political forces,intuition,escalation...

Question 5

Match the following.You may use a response once,more than once,or not at all.
-In my experience

Accepted Answer

A) Coalition 
B) Intuition 
C) Escalation of commitment 
D) Risk propensity 
E) Ethics 
A) Coalition 
B) Intuition 
C) Escalation of commitment 
D) Risk propensity 
E) Ethics

Question 6

Match the following.You may use a response once,more than once,or not at all.
-Using a standard operating procedure

Accepted Answer

A) Decision 
B) Nonprogrammed decision 
C) Programmed decision 
A) Decision 
B) Nonprogrammed decision 
C) Programmed decision

Question 7

The Blue Rooster was a restaurant near a lake.When super storm Sandy hit New Jersey,the lake overflowed and flooded the Blue Rooster.Because the restaurant had no flood insurance,it was never able to recover from the storm and closed a short time later.The owner's ______ led to the bad decision about flood insurance.

Accepted Answer

A)  bounded optimization. 
B)  escalation of commitment. 
C)  risk propensity. 
D)  strategic maximization. 
E)  intuitive rationality. 
A)  bounded optimization. 
B)  escalation of commitment. 
C)  risk propensity. 
D)  strategic maximization. 
E)  intuitive rationality.

Question 8

A(n)____ is an informal group allied together for a common purpose.

Accepted Answer

A)  action committee 
B)  coalition 
C)  board of directors 
D)  interacting group 
E)  department 
A)  action committee 
B)  coalition 
C)  board of directors 
D)  interacting group 
E)  department

Question 9

Diaz Nesamoney is a computer scientist who founded three successful software companies.Entrepreneurs tend to have a high ____

Accepted Answer

A)  bounded optimization. 
B)  escalation of commitment. 
C)  risk propensity. 
D)  strategic maximization. 
E)  intuitive rationality. 
A)  bounded optimization. 
B)  escalation of commitment. 
C)  risk propensity. 
D)  strategic maximization. 
E)  intuitive rationality.

Question 10

Which of the following statements is an advantage of group decision making?

Accepted Answer

A)  Groups typically spend a lot of time interacting and discussing. 
B)  Groups often represent diversity of education and experience. 
C)  Leaders can shine in groups. 
D)  Groups tend to desire consensus and cohesiveness. 
E)  Groups typically reach compromise decisions. 
A)  Groups typically spend a lot of time interacting and discussing. 
B)  Groups often represent diversity of education and experience. 
C)  Leaders can shine in groups. 
D)  Groups tend to desire consensus and cohesiveness. 
E)  Groups typically reach compromise decisions.

Question 11

Bounded rationality is assumed in

Accepted Answer

A)  the rational model. 
B)  the behavioral model. 
C)  decision making under certainty. 
D)  escalation of commitment. 
E)  the nonlinear model. 
A)  the rational model. 
B)  the behavioral model. 
C)  decision making under certainty. 
D)  escalation of commitment. 
E)  the nonlinear model.

Question 12

An effective decision may be one that minimizes loss,expenses,or employee turnover.

Accepted Answer

A) True 
 B)False

Question 13

Match the following.You may use a response once,more than once,or not at all.
-Describes how most decisions are actually made

Accepted Answer

A) Administrative model 
B) Bounded rationality 
C) Satisficing 
A) Administrative model 
B) Bounded rationality 
C) Satisficing

Question 14

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

Accepted Answer

The behavioral model of decision making

Question 15

Intuition means you allow your experiences to influence your decisions.

Accepted Answer

A) True 
 B)False

Question 16

What are the advantages and disadvantages of Delphi groups over other decision-making processes?

Accepted Answer

The Delphi method, a structured communic

Question 17

Decisions that are unethical may pass one or two decision criteria,but they fail the ____ test.

Accepted Answer

A)  feasibility 
B)  satisfactoriness 
C)  affordability 
D)  consequences 
E)  rationality 
A)  feasibility 
B)  satisfactoriness 
C)  affordability 
D)  consequences 
E)  rationality

Question 18

____ is the selection of the first minimally acceptable alternative.

Accepted Answer

A)  Optimization 
B)  Intuitive decision making 
C)  Bounded rationality 
D)  Escalation of commitment 
E)  Satisficing 
A)  Optimization 
B)  Intuitive decision making 
C)  Bounded rationality 
D)  Escalation of commitment 
E)  Satisficing

Question 19

When a manager makes a decision in spite of having imperfect information,this is known as

Accepted Answer

A)  satisficing. 
B)  using the rational model of decision making. 
C)  using the behavioral model of decision making. 
D)  decision specialization. 
E)  bounded rationality. 
A)  satisficing. 
B)  using the rational model of decision making. 
C)  using the behavioral model of decision making. 
D)  decision specialization. 
E)  bounded rationality.

Question 20

Match the following.You may use a response once,more than once,or not at all.
-Involves unique situations

Accepted Answer

A) Decision 
B) Nonprogrammed decision 
C) Programmed decision 
A) Decision 
B) Nonprogrammed decision 
C) Programmed decision

Special Exercises Mark whether the following decisions are programmed or nonprogrammed. -Every week Jill sends an update to her boss

Briefly show how decision makers with both high and low propensity for risk might deal with escalation of commitment.

Match the following.You may use a response once,more than once,or not at all. -Most common form of decision-making group

Behavioral aspects of decisions include political forces,intuition,escalation of commitment,risk and ____________________.

Match the following.You may use a response once,more than once,or not at all. -In my experience

Match the following.You may use a response once,more than once,or not at all. -Using a standard operating procedure

A(n)____ is an informal group allied together for a common purpose.

Diaz Nesamoney is a computer scientist who founded three successful software companies.Entrepreneurs tend to have a high ____

Which of the following statements is an advantage of group decision making?

Bounded rationality is assumed in

An effective decision may be one that minimizes loss,expenses,or employee turnover.

Match the following.You may use a response once,more than once,or not at all. -Describes how most decisions are actually made

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

Intuition means you allow your experiences to influence your decisions.

What are the advantages and disadvantages of Delphi groups over other decision-making processes?

Decisions that are unethical may pass one or two decision criteria,but they fail the ____ test.

____ is the selection of the first minimally acceptable alternative.

When a manager makes a decision in spite of having imperfect information,this is known as

Match the following.You may use a response once,more than once,or not at all. -Involves unique situations

Managing and the Managers Job

Traditional and Contemporary Opportunities and Challenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Navigating the Global Environment

Basic Elements of Planning and Decision Making

Managing Strategy and Strategic Planning

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Processes

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, quality, and Productivity

Filters

Exam 8: Managing Decision Making and Problem Solving

Special Exercises Mark whether the following decisions are programmed or nonprogrammed. -Every week Jill sends an update to her boss

Briefly show how decision makers with both high and low propensity for risk might deal with escalation of commitment.

Match the following.You may use a response once,more than once,or not at all. -Most common form of decision-making group

Behavioral aspects of decisions include political forces,intuition,escalation of commitment,risk and ____________________.

Match the following.You may use a response once,more than once,or not at all. -In my experience

Match the following.You may use a response once,more than once,or not at all. -Using a standard operating procedure

A(n)____ is an informal group allied together for a common purpose.

Diaz Nesamoney is a computer scientist who founded three successful software companies.Entrepreneurs tend to have a high ____

Which of the following statements is an advantage of group decision making?

Bounded rationality is assumed in

An effective decision may be one that minimizes loss,expenses,or employee turnover.

Match the following.You may use a response once,more than once,or not at all. -Describes how most decisions are actually made

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

Intuition means you allow your experiences to influence your decisions.

What are the advantages and disadvantages of Delphi groups over other decision-making processes?

Decisions that are unethical may pass one or two decision criteria,but they fail the ____ test.

____ is the selection of the first minimally acceptable alternative.

When a manager makes a decision in spite of having imperfect information,this is known as

Match the following.You may use a response once,more than once,or not at all. -Involves unique situations

Managing and the Managers Job

Traditional and Contemporary Opportunities and Challenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Navigating the Global Environment

Basic Elements of Planning and Decision Making

Managing Strategy and Strategic Planning

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Processes

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, quality, and Productivity

Filters