Exam 4: Managers As Decision Makers: There Is No Substitute for a Good Decision
Exam 1: Managers and the Management Process: Everyone Becomes a Manager Someday72 Questions
Exam 2: Management Learning: Great Things Grow From Strong Foundations82 Questions
Exam 3: Ethics and Social Responsibility: Character Doesnt Stay Home When We Go to Work88 Questions
Exam 4: Managers As Decision Makers: There Is No Substitute for a Good Decision82 Questions
Exam 5: Plans and Planning Techniques: Get There Faster With Objectives82 Questions
Exam 6: Controls and Control Systems: What Gets Measured Happens79 Questions
Exam 7: Strategy and Strategic Management: Insight and Hard Work Deliver Results84 Questions
Exam 8: Organization Structure and Design: Its All About Working Together84 Questions
Exam 9: Organizational Cultures, Innovation, and Change: Adaptability and Values Set the Tone81 Questions
Exam 10: Human Resource Management: Nurturing Turns Potential Into Performance82 Questions
Exam 11: Leadership: a Leader Lives in Each of Us67 Questions
Exam 12: Individual Behavior: Theres Beauty in Individual Differences84 Questions
Exam 13: Motivation: Respect Unlocks Human Potential81 Questions
Exam 14: Teams and Teamwork: Two Heads Really Can Be Better Than One84 Questions
Exam 15: Communication: Listening Is the Key to Understanding77 Questions
Exam 16: Diversity and Global Cultures: There Are New Faces in the Neighborhood78 Questions
Exam 17: Globalization and International Business: Going Global Isnt Just for Travelers78 Questions
Exam 18: Entrepreneurship and Small Business: Taking Risks Can Make Dreams Come True83 Questions
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Once the decision is made, the role of the manager in the decision-making process is over.
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(True/False)
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Correct Answer:
False
Why do people escalate commitment to failing actions?
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(Essay)
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Correct Answer:
The difference is not always clear between "just a little more persistence" bringing success (note all the cultural myths about heroes that stuck with it and triumphed) and when an effort will never work; peer pressure to keep something going; and ego and the desire to avoid being associated with a mistake can all play a role in escalation
A decision making environment in which you lack complete information, and it is difficult if not impossible to assign probabilities to the outcomes is called a(n) __________ environment.
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(Multiple Choice)
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Correct Answer:
A
If you are seeking the best possible solution, you are seeking to __________ your decision.
(Short Answer)
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Nonprogrammed decisions are used to create novel solutions for unique situations.
(True/False)
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What makes decision-making so challenging in the "real world" of management?
(Essay)
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A decision that chooses the first satisfactory alternative that is presented is called a(n) __________ decision.
(Multiple Choice)
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A __________ decision applies a solution from past experience to a routine problem.
(Multiple Choice)
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__________ are comfortable with abstraction and unstructured situations. They tend to be idealistic, prone toward intellectual and theoretical positions, and are logical and impersonal.
(Multiple Choice)
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Individuals who are proactive information gatherers and are forward thinking are said to be:
(Multiple Choice)
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Cost-benefit analysis is used in the "__________" step of the decision-making process.*
(Multiple Choice)
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The __________ decision making model assumes rationality and complete information.
(Multiple Choice)
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One factor that should be considered in all steps of the decision-making process is __________.*
(Multiple Choice)
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The three types of decision making environments are __________, __________, and __________.
(Multiple Choice)
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A(n) __________ is a choice among possible alternative courses of action.
(Multiple Choice)
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The generation of a novel idea or approach that solves a problem or identifies an opportunity is called __________
(Multiple Choice)
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The ability to gather and use information to solve problems is called __________.*
(Multiple Choice)
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Step one in the decision-making process is where the problem or opportunity is identified and defined.
(True/False)
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An operational deficiency involving something going wrong or about to go wrong is known as a(n) __________.
(Short Answer)
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Which of the following is NOT one of the drivers of personal creativity?
(Multiple Choice)
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