Exam 13: Information and Decision-Making

Management Information systems use technology that processes,organizes,analyzes,and distributes data.

Systematic thinkers are likely to deal with many aspects of a problem simultaneously,consider hunches,and jump quickly from one issue to another.

Problem seekers actively process information and constantly look for problems to solve or opportunities to explore.

Systematic thinkers are likely to __________.

Avoiding the escalation of commitment trap in decision making can be accomplished by: setting advance limits on involvement,determining why the particular course of action is right,keeping in mind the costs involved,and not letting others influence your decision.

An employee requests that she receive tuition reimbursement for a job-related course that she took at the local community college.This is a good example of a ________________________ problem.

Unstructured problems are full of ambiguities and information deficiencies,and require nonprogrammed decisions that craft novel solutions to meet the demands of a unique situation.

Problem solving and decision making are dependent on quality information being available to the right people at the right time.

An)__________ is made when a new and unfamiliar problem arises and a novel solution is crafted to meet the demands of the unique situation at hand.

Full utilization of IT provides advantages to the management process of planning,organizing,leading,and controlling.By providing more and better communication among all parts and improving coordination and integration,IT addresses _____________advantages.

Jennie has been a sales associate at Walmart for the last ten years.One day her manager asks her to complete a task using one of the computers,but Jennie has never heard of a task that involves the use of a computer in her ten years working there,so she is not sure what to do.This is an example of an)__________ problem.

The decision-making process involves a set of activities and events that begins with identification of a problem,includes making a decision,and ends with the evaluation of results.

Salem is an operations manager whose budget of $555,000 was approved to buy four new machines in order to increase production by 15%.After seeing what the suppliers had to offer,he realized that the model which would best suit his company's needs was very expensive and he could only purchase three machines rather than four.He requested a budget increase and was denied.Salem decided that the three machines will serve the purpose.This is an example of ________.

When a problem is evaluated and resolved in the positive or negative context in which it is perceived,an)__________ occurs.

An appropriate rule for crisis management is to never back off of a crisis because there will never be a better opportunity than the present time to resolve a crisis situation.

Making decisions within the constraints of limited information and alternatives is known as bounded rationality.

The failure to adequately involve the people whose support is necessary to ensure a plan's implementation is a major reason for difficulties in the __________ stage of decision making.

Any decision should meet the ethics double check.

Joseph determines that he needs to purchase new computers for his department and he make a list of seven different computer models for consideration.Which stage of the decision-making process is this?

A programmed decision is made when a new and unfamiliar problem arises and a novel solution is crafted to meet the demands of the unique situation at hand.