Exam 13: Information and Decision-Making

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A manager who chooses the alternative giving the absolute best solution to a problem is making an optimizing decision.

(True/False)
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__________ is the ability to understand computers and use them to best advantage.

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The final stage of the decision-making process is evaluating results.

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The behavioural decision model describes decision making where people are assumed to act only in terms of what they perceive about a given situation.

(True/False)
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An appropriate guideline for crisis management is to never "fight fire with fire" by starting another crisis to get people's attention.

(True/False)
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The __________ occurs when people use information "readily available" from memory as a basis for assessing a current situation or event.

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The three-component model of creativity that the text defines as personal creativity drivers in organizations is:

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What impact is the increasing use of information technology IT)having on organizations?

(Essay)
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Samir authorizes the expenditure of an additional $200,000 for the production of a new product despite mounting concerns from top management that it will be unprofitable.His behaviour illustrates the phenomenon of __________.

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__________ 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.

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__________ is the capacity to view many problems at once,in relationship to one another,and across long and short time horizons.

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A management information system is designed to use information technology to meet the specific information needs of managers as they make a variety of decisions on a day-to-day basis.

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According to classical decision theory,managers make rational choices in a certain world because they have complete information regarding all possible alternatives and their consequences.

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Some of the characteristics that describe creative people are resourceful,systematic and intuitive in problem solving,think outside the box,transfer learning from one setting to others.

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Cognitive styles are the various ways individuals deal with information while making decisions.

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Any decision should meet the __________.

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Which of the following is not a characteristic of useful information?

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The final stage of the decision-making process is __________.

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Situational creativity drivers in organizations where people,management,and traditional organizational environments all mix include:

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A __________ occurs when an actual situation turns out either better than anticipated or offers the potential to be better than anticipated.

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