Exam 13: Information and Decision-Making
Exam 1: Intro to Management240 Questions
Exam 2: Management Learning Past to Present212 Questions
Exam 3: Global Dimensions of Management177 Questions
Exam 4: Ethics, Social Responsibility and Sustainability205 Questions
Exam 5: Managing Entrepreneurship and Small Business198 Questions
Exam 6: Planning and Techniques156 Questions
Exam 7: Strategy and Strategic Management247 Questions
Exam 8: Organizational Structure and Design186 Questions
Exam 9: Innovation and Organizational Change184 Questions
Exam 10: HRM: Building a Winning Culture342 Questions
Exam 11: Leadership and Communication366 Questions
Exam 12: Individual Behaviour211 Questions
Exam 13: Information and Decision-Making206 Questions
Exam 14: Motivation270 Questions
Exam 15: Teams305 Questions
Exam 16: Control178 Questions
Exam 17: Operations and Services Management197 Questions
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The customer service manager for The Keg is authorized to distribute dry-cleaning vouchers to customers who complain about spilled drinks on their clothes during their dining experience in the restaurant.This is an example of a __________ decision to an)__________ problem.
(Multiple Choice)
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Proactive managers try to identify those situations that are likely to be susceptible to a crisis,and then develop basic contingency plans for crisis management.
(True/False)
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Information that is complete is accurate,reliable,and can be used with confidence.
(True/False)
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The generation of a novel idea or unique approach to solving performance problems or exploiting performance opportunities is_____________.
(Multiple Choice)
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Problem avoiders ignore information that would otherwise signal the presence of a problem;problem seekers try to solve problems as they arise;and problem solvers actively process information and look for problems to solve or opportunities to explore.
(True/False)
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A __________ is the decision environment in which complete information is available about possible alternative courses of action and their outcomes
(Multiple Choice)
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__________ use solutions already available from past experience to solve __________.
(Multiple Choice)
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One of the most important creativity skills is the willingness to question assumptions.
(True/False)
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A manager who chooses the alternative giving the absolute best solution to a problem is making an)__________.
(Multiple Choice)
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The "ethics double check" should address the questions: "How would I feel if my family found out about this decision?" and "How would I feel if this decision were published in the local newspaper?"
(True/False)
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At the organization's boundaries,information in the external environment is accessed and managers use this intelligence information to deal effectively with competitors and key stakeholders.
(True/False)
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Multidimensional thinking is the capacity to view many problems at once,in relationship to one another,and across long and short time horizons.
(True/False)
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Systematic thinkers are likely to break a complex problem into smaller components,make a plan before taking action,and search for information to facilitate problem solving in a step-by-step fashion.
(True/False)
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__________ is __________ made useful and meaningful for decision making.
(Multiple Choice)
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Creativity in management is generating a novel idea or unique approach to solving performance problems or exploiting performance opportunities.
(True/False)
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Which of the following questions does NOT address the ethical criteria for decision making that managers should use?
(Multiple Choice)
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Computer competency is the ability to utilize computers and information technology to locate,retrieve,evaluate,organize,and analyze information for decision making.
(True/False)
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When people face complex environments and have limited information,they often use heuristics to simplify decision-making.
(True/False)
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Strategic opportunism is the ability to remain focused on long-term objectives while being flexible in dealing with short-term problems and opportunities in a timely manner.
(True/False)
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