Exam 3: Managerial Decision Making
Exam 1: Managing and Performing131 Questions
Exam 2: The External and Internal Environments131 Questions
Exam 3: Managerial Decision Making130 Questions
Exam 4: Planning and Strategic Management131 Questions
Exam 5: Ethics, corporate Responsibility, and Sustainability130 Questions
Exam 6: International Management130 Questions
Exam 7: Entrepreneurship130 Questions
Exam 8: Organization Structure130 Questions
Exam 9: Organizational Agility130 Questions
Exam 10: Human Resources Management130 Questions
Exam 11: Managing the Diverse Workforce130 Questions
Exam 12: Leadership130 Questions
Exam 13: Motivating for Performance130 Questions
Exam 14: Teamwork130 Questions
Exam 15: Communicating130 Questions
Exam 16: Managerial Control130 Questions
Exam 17: Managing Technology and Innovation130 Questions
Exam 18: Creating and Leading Change130 Questions
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Aziz is the owner of a record store and must decide on next week's work schedule for his employees.This is an example of a ________ decision.
(Multiple Choice)
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Discuss the roles that uncertainty and risk play in managerial decision making.
(Essay)
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Compare and contrast three models of organizational decision processes thought to occur when bounded rationality conditions hold.
(Essay)
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Which of the following is a disadvantage of group decisions?
(Multiple Choice)
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The three requirements for effective group decision making are an appropriate leadership style,the constructive use of disagreement and conflict,and the enhancement of
(Multiple Choice)
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The psychological bias known as "illusion of control" refers to a belief that
(Multiple Choice)
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Which of the following is a disadvantage of group decision making?
(Multiple Choice)
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Allowing one person to control a discussion or decision is known as
(Multiple Choice)
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Swann Brothers Chocolatiers is a new company that makes specialty,gourmet confections and markets to upscale restaurants and the general public,particularly hip,young people with money to spend on luxuries.They need to find a location for their new shop and kitchen.The real estate agent they have contracted shows them several available commercial spaces in the area.Given their goals,if they are optimizing their decision,which of the following represents their best choice?
(Multiple Choice)
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Which of the following statements about decision making in a crisis is true?
(Multiple Choice)
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The manager of the Silver Sands Hotel noticed a tremendous decrease in the number of convention bookings.He promptly ordered the redecoration of the hotel's meeting rooms.Customer feedback later indicated that the problem had not been the meeting facilities but poor service from the cleaning staff.In this scenario,to try and solve the problem,the manager should have first tried to
(Multiple Choice)
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Which of the following statements about group decision making is true?
(Multiple Choice)
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Scenario D: Sunrise Health Systems has hired a consultant to help with organizational decision making.The consultant's first meeting is set up to explain to the managers of Sunrise Health Systems various models of organizational decision processes.Each of the managers seems to prefer one of the models over the others.
-The vice president of human resources believes that decision makers cannot be truly rational in their decisions.He tells the group that he sees many situations with managers who do not have enough time to process all the relevant information and who regularly face very complex problems.His observation illustrates
(Multiple Choice)
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Scenario D: Sunrise Health Systems has hired a consultant to help with organizational decision making.The consultant's first meeting is set up to explain to the managers of Sunrise Health Systems various models of organizational decision processes.Each of the managers seems to prefer one of the models over the others.
-The vice president of production declares that her people disagree on goals and have now formed groups to advocate for their own interests.Her managers are using
(Multiple Choice)
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Scenario A: Alexis,the manager of Full Circle Fitness,has several decisions to make as the week begins.She always comes in early on Mondays to sift through the paperwork on her desk and decide what needs to be done for the week and in which order.The following are decisions facing Alexis this week:
Giving two personal trainers raises based on the company's policy for wage increases
Determining whether or not to open a facility in a new market to target more customers
Interviewing applicants for two open part-time fitness instructor positions and hiring them
Providing input to the owner on a possible upgrade to the elliptical machines currently in use
-In Scenario A,Alexis's decision about interviewing applicants for two open part-time positions and hiring them is an example of a ________ decision.
(Multiple Choice)
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Complimenting one another and telling stories are examples of behaviors that can make brainstorming less effective.
(True/False)
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Which of the following involves weighting short-term costs and benefits more heavily than longer-term costs and benefits?
(Multiple Choice)
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