Exam 7: Information and Decision Making

Deepak tends to emphasize the impersonal and takes a logical approach to problem solving, but he usually avoids details. He is prone to intellectual and theoretical positions and is comfortable with unstructured situations. These traits show that Deepak is a(n) ___.

A decision-making process ends with the

Systematic thinkers are likely to ___.

Jeff has had problems in the past with employees who smoke because they always took more than fifteen minutes on their breaks. During an interview with a potential new employee, Jeff notices that she smells of smoke. Though she had the necessary qualifications and effectively answered all of his questions, Jeff chose not to hire her. This is an example of the ___.

Maria, a manager at a mining firm, is good at handling crisis situations. She is spontaneous in problem solving, has a flexible approach, and provides quick alternative courses of action. This type of problem-solving approach by Maria shows that she is a(n) ___ thinker.

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

A key aspect of problem identification and definition involves clarifying goals by determining exactly what a decision should accomplish.

A key aspect of ___ involves clarifying goals by determining exactly what a decision should accomplish.

A ___ decision occurs when an unexpected problem arises that can lead to disaster if not resolved quickly and appropriately.

Uncertain environments force managers to rely heavily on intuition, judgment, informed guessing, and hunches.

Because of the growth of management information systems, more managers are needed to coordinate the flow, sharing, and processing of information.

What is the role of ethical reasoning in the decision-making process? How can ethical reasoning be checked in decision making?

In management, IT has planning, organizing, leading, and controlling advantages.

___ is the decision-making stage at which people assemble the facts and information that will be helpful for problem solving.

The potential disadvantages of group decision making include which of the following?

Public information is the information gathered from stakeholders and the external environment.

Stating a problem as the need to "build a better mousetrap" instead of the need to "get rid of mice" is an example of which type of error in identifying and defining a problem?

The ___ are comfortable with unstructured situations, and they tend to be idealistic and prone toward intellectual and theoretical positions.

A classical decision model describes decision making within the constraints of limited information and alternatives.

Priya, a manager at an IT firm, likes to focus on facts when making decisions. When she faces a well-defined problem and has all the information regarding the possible action alternatives as well as their consequences, she is most likely to make a(n) ___ decision that gives the best possible solution for a problem.