Question 1

Managers can proceed with confidence in implementing a decision solution when the decision meets all of the following criteria EXCEPT:

Accepted Answer

A) Utility. 
B) Rights. 
C) Justice. 
D) Support. 
E) Caring. 
A) Utility. 
B) Rights. 
C) Justice. 
D) Support. 
E) Caring.

Question 2

A crisis may be made worse if critical decisions are made with poor or inadequate information and from a limited perspective.

Accepted Answer

A) True 
 B)False

Question 3

Typical criteria for evaluating alternative solutions include all of the following EXCEPT:

Accepted Answer

A) Benefits and costs. 
B) Timeliness. 
C) Acceptability. 
D) Ease of implementation. 
E) Ethical soundness. 
A) Benefits and costs. 
B) Timeliness. 
C) Acceptability. 
D) Ease of implementation. 
E) Ethical soundness.

Question 4

__________ are ones that are familiar,straightforward,and clear with respect to the information needs.

Accepted Answer

A) Expected problems 
B) Unstructured problems 
C) Systematic decisions 
D) Structured problems 
E) Administrative decisions 
A) Expected problems 
B) Unstructured problems 
C) Systematic decisions 
D) Structured problems 
E) Administrative decisions

Question 5

During the Venezuelan crisis,organizations,countries and the world were made aware of the events occurring,which made it possible for everyone to share.This is due to ____________________,

Accepted Answer

A) information 
B) globalization 
C) controlling techniques 
D) strategic partners 
E) information technology 
A) information 
B) globalization 
C) controlling techniques 
D) strategic partners 
E) information technology

Question 6

Which of the following features will likely prevent the second step of the decision-making process from being effective?

Accepted Answer

A) The pros and cons of possible alternative courses of action should be identified 
B) Bringing more people into the decision process adds information and perspective to problem solving. 
C) Decisions are only as good as the quality of alternatives that are considered. 
D) The search for alternatives should be completed quickly. 
E) Alternatives should meet ethical standards that are acceptable to the organization's various stakeholders. 
A) The pros and cons of possible alternative courses of action should be identified 
B) Bringing more people into the decision process adds information and perspective to problem solving. 
C) Decisions are only as good as the quality of alternatives that are considered. 
D) The search for alternatives should be completed quickly. 
E) Alternatives should meet ethical standards that are acceptable to the organization's various stakeholders.

Question 7

In the context of individual and group decision making,the "right" decision method is the one that promotes the commitment of people who will be involved in implementing the decision.

Accepted Answer

A) True 
 B)False

Question 8

A certain environment is the decision environment in which complete information is available about possible alternative courses of action and their outcomes.

Accepted Answer

A) True 
 B)False

Question 9

Typical criteria for evaluating alternative solutions include benefits,costs,timeliness,acceptability,and ethical soundness.

Accepted Answer

A) True 
 B)False

Question 10

Data are raw facts and observations.

Accepted Answer

A) True 
 B)False

Question 11

As a result of the increasing use of information technology,individuals and teams can communicate more easily and share information,and coordination and control among decision makers can be increased

Accepted Answer

A) True 
 B)False

Question 12

The registrar office places university students on academic probation for not maintaining a minimum grade point average.What type of managerial decision is the registrar office taking?

Accepted Answer

A) Nonprogrammed decision. 
B) Crisis decision 
C) Decision making 
D) Programmed decision 
E) Business decision 
A) Nonprogrammed decision. 
B) Crisis decision 
C) Decision making 
D) Programmed decision 
E) Business decision

Question 13

Generation and evaluation of alternative course of action is the decision making stage at which people assemble the facts and information that will be helpful for problem solving.

Accepted Answer

A) True 
 B)False

Question 14

A person or team doesn't need task expertise to make creative decisions.

Accepted Answer

A) True 
 B)False

Question 15

The __________ involves making decisions based on alterations to a previously existing value or starting point.

Accepted Answer

A) Representativeness heuristic. 
B) Availability heuristic. 
C) Escalation heuristic. 
D) Satisficing heuristic. 
E) Anchoring and adjustment heuristic. 
A) Representativeness heuristic. 
B) Availability heuristic. 
C) Escalation heuristic. 
D) Satisficing heuristic. 
E) Anchoring and adjustment heuristic.

Question 16

According to classical decision theory,managers choose the satisfactory alternative.

Accepted Answer

A) True 
 B)False

Question 17

When a manager chooses the first satisfactory alternative that comes to his or her attention during the decision-making process,satisficing occurs.

Accepted Answer

A) True 
 B)False

Question 18

According to the behavioural decision model,managerial decisions are rational only within the boundaries defined by available information.

Accepted Answer

A) True 
 B)False

Question 19

An appropriate guideline for crisis management is to take the time to understand what is going on with the crisis situation and the conditions under which the crisis must be resolved.

Accepted Answer

A) True 
 B)False

Question 20

Information competency is the ability to use technology to locate,retrieve,evaluate,organize,and analyze information for decision making.

Accepted Answer

A) True 
 B)False

Managers can proceed with confidence in implementing a decision solution when the decision meets all of the following criteria EXCEPT:

A crisis may be made worse if critical decisions are made with poor or inadequate information and from a limited perspective.

Typical criteria for evaluating alternative solutions include all of the following EXCEPT:

__________ are ones that are familiar,straightforward,and clear with respect to the information needs.

During the Venezuelan crisis,organizations,countries and the world were made aware of the events occurring,which made it possible for everyone to share.This is due to ____________________,

Which of the following features will likely prevent the second step of the decision-making process from being effective?

In the context of individual and group decision making,the "right" decision method is the one that promotes the commitment of people who will be involved in implementing the decision.

A certain environment is the decision environment in which complete information is available about possible alternative courses of action and their outcomes.

Typical criteria for evaluating alternative solutions include benefits,costs,timeliness,acceptability,and ethical soundness.

Data are raw facts and observations.

As a result of the increasing use of information technology,individuals and teams can communicate more easily and share information,and coordination and control among decision makers can be increased

The registrar office places university students on academic probation for not maintaining a minimum grade point average.What type of managerial decision is the registrar office taking?

Generation and evaluation of alternative course of action is the decision making stage at which people assemble the facts and information that will be helpful for problem solving.

A person or team doesn't need task expertise to make creative decisions.

The __________ involves making decisions based on alterations to a previously existing value or starting point.

According to classical decision theory,managers choose the satisfactory alternative.

When a manager chooses the first satisfactory alternative that comes to his or her attention during the decision-making process,satisficing occurs.

According to the behavioural decision model,managerial decisions are rational only within the boundaries defined by available information.

An appropriate guideline for crisis management is to take the time to understand what is going on with the crisis situation and the conditions under which the crisis must be resolved.

Information competency is the ability to use technology to locate,retrieve,evaluate,organize,and analyze information for decision making.

Intro to Management

Management Learning Past to Present

Global Dimensions of Management

Ethics, Social Responsibility and Sustainability

Managing Entrepreneurship and Small Business

Planning and Techniques

Strategy and Strategic Management

Organizational Structure and Design

Innovation and Organizational Change

HRM: Building a Winning Culture

Leadership and Communication

Individual Behaviour

Motivation

Teams

Control

Operations and Services Management

Filters

Exam 13: Information and Decision-Making

Managers can proceed with confidence in implementing a decision solution when the decision meets all of the following criteria EXCEPT:

A crisis may be made worse if critical decisions are made with poor or inadequate information and from a limited perspective.

Typical criteria for evaluating alternative solutions include all of the following EXCEPT:

__________ are ones that are familiar,straightforward,and clear with respect to the information needs.

During the Venezuelan crisis,organizations,countries and the world were made aware of the events occurring,which made it possible for everyone to share.This is due to ____________________,

Which of the following features will likely prevent the second step of the decision-making process from being effective?

In the context of individual and group decision making,the "right" decision method is the one that promotes the commitment of people who will be involved in implementing the decision.

A certain environment is the decision environment in which complete information is available about possible alternative courses of action and their outcomes.

Typical criteria for evaluating alternative solutions include benefits,costs,timeliness,acceptability,and ethical soundness.

Data are raw facts and observations.

As a result of the increasing use of information technology,individuals and teams can communicate more easily and share information,and coordination and control among decision makers can be increased

The registrar office places university students on academic probation for not maintaining a minimum grade point average.What type of managerial decision is the registrar office taking?

Generation and evaluation of alternative course of action is the decision making stage at which people assemble the facts and information that will be helpful for problem solving.

A person or team doesn't need task expertise to make creative decisions.

The __________ involves making decisions based on alterations to a previously existing value or starting point.

According to classical decision theory,managers choose the satisfactory alternative.

When a manager chooses the first satisfactory alternative that comes to his or her attention during the decision-making process,satisficing occurs.

According to the behavioural decision model,managerial decisions are rational only within the boundaries defined by available information.

An appropriate guideline for crisis management is to take the time to understand what is going on with the crisis situation and the conditions under which the crisis must be resolved.

Information competency is the ability to use technology to locate,retrieve,evaluate,organize,and analyze information for decision making.

Intro to Management

Management Learning Past to Present

Global Dimensions of Management

Ethics, Social Responsibility and Sustainability

Managing Entrepreneurship and Small Business

Planning and Techniques

Strategy and Strategic Management

Organizational Structure and Design

Innovation and Organizational Change

HRM: Building a Winning Culture

Leadership and Communication

Individual Behaviour

Motivation

Teams

Control

Operations and Services Management

Filters