Exam 3: Foundations of Decision Making

A manager is considering purchasing new computers for her department.The manager spends time assessing the computers her department now has.Which stage of the decision-making process is she going through?

According to the decision-making process,the first step Sondra should take is to ________.

Creative solutions to problems are valued because they are new and different from traditional solutions.

Groups tend to be less efficient and more effective than individual decision making.

Mid-level managers in a country with high power distance are ________ than managers from a low power distance country.

A heuristic can simplify the decision-making process.

If a car buyer knows the price of the same car at different dealerships,he or she is operating under what type of decision-making condition?

________ helps people find better solutions to problems using innovative problem-solving methods.

A manager has a choice of three different bank term deposits that pay different amounts of interest over different time periods.The manager is operating under which condition?

Which of the following statements about problems and decisions is CORRECT?

Individualistic countries like Australia tend to have ________ than group-oriented countries like Japan.

Programmed decisions draw heavily on which of the following?

A basketball coach makes the decision to bench or not bench his aggressive defence player,based on the number of fouls he accumulated.Which decision-making method does the coach use?

Which of the following group techniques allows group members to meet together,but at the same time facilitates independent decision making?

Herbert Simon won the Nobel Prize in economics for his work in describing ________.

All criteria are not equally important in the decision-making process.

The very last step Sondra should take,according to the decision-making process,is to ________.

A low-level manager is most likely to solve problems under which condition?

Which of the following is used to exclusively generate creative ideas in a group setting?

Seeking the views of a diverse group of people can provide a decision-maker with ________ on issues.