Question 1

Implementing a procedure requires more judgment and interpretation than implementing a policy.

Accepted Answer

A) True 
 B)False

Question 2

In decision making, a problem can be defined as a discrepancy between what exists and what the problem solver desires to exist.

Accepted Answer

A) True 
 B)False

Question 3

French management style tends to be ________ in style.

Accepted Answer

A)  permissive 
B)  group oriented 
C)  rule following 
D)  autocratic 
A)  permissive 
B)  group oriented 
C)  rule following 
D)  autocratic

Question 4

Which of the following is an example of a structured problem?

Accepted Answer

A)  designing a new MP3 player 
B)  hiring a lawyer 
C)  deciding shipping options for a vacuum cleaner 
D)  drafting a quarterback for a pro football team 
A)  designing a new MP3 player 
B)  hiring a lawyer 
C)  deciding shipping options for a vacuum cleaner 
D)  drafting a quarterback for a pro football team

Question 5

A drawback of group decision making is groupthink.

Accepted Answer

A) True 
 B)False

Question 6

One assumption of bounded rationality is that managers can analyze all relevant information about all alternatives for a situation.

Accepted Answer

A) True 
 B)False

Question 7

Structured problems typically have ________ while unstructured problems typically have ________.

Accepted Answer

A)  only one solution; many solutions 
B)  many solutions; one solution 
C)  many solutions; fewer solutions 
D)  two solutions; three solutions 
A)  only one solution; many solutions 
B)  many solutions; one solution 
C)  many solutions; fewer solutions 
D)  two solutions; three solutions

Question 8

________ helps people find better solutions to problems using innovative problem-solving methods.

Accepted Answer

A)  Planning 
B)  Creativity 
C)  Organization 
D)  Structure 
A)  Planning 
B)  Creativity 
C)  Organization 
D)  Structure

Question 9

Decisions, Decisions (Scenario)
Sondra needed help. Her insurance company's rapid growth was necessitating making some IT changes, but what changes? Should they modify the servers that they currently used or purchase an entirely new system? Sondra was confused and needed help in making the correct decision.
-Sondra has decided to purchase a new system. After obtaining permission, she has ordered the system from a reputable company. Which stage of the decision-making process is she carrying out in making the order?

Accepted Answer

A)  analyzing alternative solutions 
B)  selecting an alternative 
C)  implementing the alternative 
D)  identifying the problem 
A)  analyzing alternative solutions 
B)  selecting an alternative 
C)  implementing the alternative 
D)  identifying the problem

Question 10

Which of the following tends to impede a person's creativity?

Accepted Answer

A)  providing time and resources 
B)  clearly defined goals 
C)  being watched while you work 
D)  internal motivation 
A)  providing time and resources 
B)  clearly defined goals 
C)  being watched while you work 
D)  internal motivation

Question 11

In a short essay, discuss the differences among a procedure, a rule, and a policy. Include specific examples of each to support your answer.

Accepted Answer

A procedure is a series of sequential st

Question 12

Maximizing value means a decision will have the best possible outcome for the parties involved.

Accepted Answer

A) True 
 B)False

Question 13

Mid-level managers in a country with low uncertainty avoidance are ________ than managers from a high uncertainty avoidance country.

Accepted Answer

A)  more likely to make risky decisions 
B)  less likely to make risky decisions 
C)  less likely to make foolish decisions 
D)  more likely to avoid making decisions 
A)  more likely to make risky decisions 
B)  less likely to make risky decisions 
C)  less likely to make foolish decisions 
D)  more likely to avoid making decisions

Question 14

Individualistic countries like the United States tend to have ________ than group-oriented countries like Japan.

Accepted Answer

A)  more conformity and more cooperation 
B)  more conformity and less cooperation 
C)  less conformity and more cooperation 
D)  less conformity and less cooperation 
A)  more conformity and more cooperation 
B)  more conformity and less cooperation 
C)  less conformity and more cooperation 
D)  less conformity and less cooperation

Question 15

A manager is more confident of his or her assessment of a situation if it involves risk rather than uncertainty.

Accepted Answer

A) True 
 B)False

Question 16

Neural networks differ from expert systems in that they can ________.

Accepted Answer

A)  draw conclusions from data 
B)  ask questions to the decision maker 
C)  perform sophisticated calculations 
D)  learn from experience 
A)  draw conclusions from data 
B)  ask questions to the decision maker 
C)  perform sophisticated calculations 
D)  learn from experience

Question 17

A decision criterion defines factors that are relevant in a decision.

Accepted Answer

A) True 
 B)False

Question 18

In a short essay, list and discuss the final four steps in the decision-making process. Give an example of each step.

Accepted Answer

Step 5: Analysis of alternatives
Once th

Question 19

Decisions, Decisions (Scenario)
Sondra needed help. Her insurance company's rapid growth was necessitating making some IT changes, but what changes? Should they modify the servers that they currently used or purchase an entirely new system? Sondra was confused and needed help in making the correct decision.
-Sondra has decided to collect information about the features the company needs for its system. Which stage of the decision-making process is she carrying out?

Accepted Answer

A)  identify alternative solutions 
B)  identify decision criteria 
C)  evaluate her decision's effectiveness 
D)  allocate weights to the criteria 
A)  identify alternative solutions 
B)  identify decision criteria 
C)  evaluate her decision's effectiveness 
D)  allocate weights to the criteria

Question 20

Programmed decisions work well for solving ________.

Accepted Answer

A)  structured problems 
B)  unstructured problems 
C)  both structured and unstructured problems 
D)  poorly defined problems 
A)  structured problems 
B)  unstructured problems 
C)  both structured and unstructured problems 
D)  poorly defined problems

Implementing a procedure requires more judgment and interpretation than implementing a policy.

In decision making, a problem can be defined as a discrepancy between what exists and what the problem solver desires to exist.

French management style tends to be ________ in style.

Which of the following is an example of a structured problem?

A drawback of group decision making is groupthink.

One assumption of bounded rationality is that managers can analyze all relevant information about all alternatives for a situation.

Structured problems typically have while unstructured problems typically have .

________ helps people find better solutions to problems using innovative problem-solving methods.

Which of the following tends to impede a person's creativity?

In a short essay, discuss the differences among a procedure, a rule, and a policy. Include specific examples of each to support your answer.

Maximizing value means a decision will have the best possible outcome for the parties involved.

Mid-level managers in a country with low uncertainty avoidance are ________ than managers from a high uncertainty avoidance country.

Individualistic countries like the United States tend to have ________ than group-oriented countries like Japan.

A manager is more confident of his or her assessment of a situation if it involves risk rather than uncertainty.

Neural networks differ from expert systems in that they can ________.

A decision criterion defines factors that are relevant in a decision.

In a short essay, list and discuss the final four steps in the decision-making process. Give an example of each step.

Programmed decisions work well for solving ________.

Managers and Management

A History Module

The Management Environment

Integrative Managerial Issues

A Quantitative Module

Foundations of Planning

Organizational Structure and Design

Managing Human Resources

A Career Module

Managing Change and Innovation

Foundations of Individual Behavior

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Communication and Information

Foundations of Control

Operations Management

A Entrepreneurship Module

Filters

Exam 5: Foundations of Decision Making

Implementing a procedure requires more judgment and interpretation than implementing a policy.

In decision making, a problem can be defined as a discrepancy between what exists and what the problem solver desires to exist.

French management style tends to be ________ in style.

Which of the following is an example of a structured problem?

A drawback of group decision making is groupthink.

One assumption of bounded rationality is that managers can analyze all relevant information about all alternatives for a situation.

Structured problems typically have ________ while unstructured problems typically have ________.

________ helps people find better solutions to problems using innovative problem-solving methods.

Which of the following tends to impede a person's creativity?

In a short essay, discuss the differences among a procedure, a rule, and a policy. Include specific examples of each to support your answer.

Maximizing value means a decision will have the best possible outcome for the parties involved.

Mid-level managers in a country with low uncertainty avoidance are ________ than managers from a high uncertainty avoidance country.

Individualistic countries like the United States tend to have ________ than group-oriented countries like Japan.

A manager is more confident of his or her assessment of a situation if it involves risk rather than uncertainty.

Neural networks differ from expert systems in that they can ________.

A decision criterion defines factors that are relevant in a decision.

In a short essay, list and discuss the final four steps in the decision-making process. Give an example of each step.

Programmed decisions work well for solving ________.

Managers and Management

A History Module

The Management Environment

Integrative Managerial Issues

A Quantitative Module

Foundations of Planning

Organizational Structure and Design

Managing Human Resources

A Career Module

Managing Change and Innovation

Foundations of Individual Behavior

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Communication and Information

Foundations of Control

Operations Management

A Entrepreneurship Module

Filters

Structured problems typically have while unstructured problems typically have .