Question 1

In a short essay,describe how nominal group technique can help avoid groupthink and enhance creativity in group decision making.

Accepted Answer

Nominal group technique helps groups arr

Question 2

________ can cause people in a group to fail to express their true opinions.

Accepted Answer

A) Group imbalance 
B) Ambiguous responsibility 
C) Pressure to conform 
D) Years of experience 
A) Group imbalance 
B) Ambiguous responsibility 
C) Pressure to conform 
D) Years of experience

Question 3

In a short essay,identify and explain the advantages and disadvantages to group decision making.

Accepted Answer

Group decisions provide more complete in

Question 4

To identify a problem,a manager ________.

Accepted Answer

A) compares one set of standards or goals to a second set of standards or goals 
B) looks for unhappy employees 
C) seeks confirmation from other managers 
D) compares the current state of affairs with some standard or goal 
A) compares one set of standards or goals to a second set of standards or goals 
B) looks for unhappy employees 
C) seeks confirmation from other managers 
D) compares the current state of affairs with some standard or goal

Question 5

Two major advantages of electronic meetings are anonymity and honesty.

Accepted Answer

A) True 
 B)False

Question 6

A judge consults guidelines before ordering the amount of damages to be paid in a legal case.What kind of decision making is she doing?

Accepted Answer

A) Following a policy. 
B) Following the rule of law. 
C) Non-programmed. 
D) Unstructured and intuitive. 
A) Following a policy. 
B) Following the rule of law. 
C) Non-programmed. 
D) Unstructured and intuitive.

Question 7

A key to what is commonly used to assess risk is for a decision-maker to examine the ________ an investment.

Accepted Answer

A) historical data for 
B) minor details of 
C) ads posted by a company for 
D) promises made by a company for 
A) historical data for 
B) minor details of 
C) ads posted by a company for 
D) promises made by a company for

Question 8

When dealing with international organisations,managers must be ________ in order to accommodate the managing styles of different cultures.

Accepted Answer

A) as inflexible as possible 
B) as accommodating as possible 
C) as strict as possible 
D) as thorough as possible 
A) as inflexible as possible 
B) as accommodating as possible 
C) as strict as possible 
D) as thorough as possible

Question 9

Programmed decisions work well for solving ________.

Accepted Answer

A) unstructured problems 
B) both structured and unstructured problems 
C) poorly defined problems 
D) structured problems 
A) unstructured problems 
B) both structured and unstructured problems 
C) poorly defined problems 
D) structured problems

Question 10

What does it mean for a decision-maker to maximise value?

Accepted Answer

A) To make the decision to be as clear and logical as possible. 
B) To use as little resources as possible. 
C) To make the achievement of goals as likely as possible. 
D) To make decisions as quickly as possible. 
A) To make the decision to be as clear and logical as possible. 
B) To use as little resources as possible. 
C) To make the achievement of goals as likely as possible. 
D) To make decisions as quickly as possible.

Question 11

Because heuristics simplify the decision-making process,they are unlikely to lead to errors.

Accepted Answer

A) True 
 B)False

Question 12

In decision making,a problem can be defined as a discrepancy between what exists and what the problem-solver desires to exist.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is a drawback to seeking diverse views in decision making?

Accepted Answer

A) Less reliable decision. 
B) More time-consuming. 
C) Easier decision-making process. 
D) Less time-consuming. 
A) Less reliable decision. 
B) More time-consuming. 
C) Easier decision-making process. 
D) Less time-consuming.

Question 14

Emotions should not always be ignored in a decision-making process.

Accepted Answer

A) True 
 B)False

Question 15

Which term best characterises a decision that has bounded rationality?

Accepted Answer

A) Rigorous and comprehensive. 
B) Virtually perfect. 
C) Good enough. 
D) Not good enough. 
A) Rigorous and comprehensive. 
B) Virtually perfect. 
C) Good enough. 
D) Not good enough.

Question 16

Which of the following is most important for a manager to remember with relation to big data?

Accepted Answer

A) Developing high velocity analysis techniques. 
B) Having sufficient data storage volume. 
C) Reducing the variety of assets. 
D) Making sure the goals are clear. 
A) Developing high velocity analysis techniques. 
B) Having sufficient data storage volume. 
C) Reducing the variety of assets. 
D) Making sure the goals are clear.

Question 17

Which of the following is NOT a reason why managers often resort to using heuristics?

Accepted Answer

A) They seem to eliminate ambiguity. 
B) They thoroughly explore all alternatives. 
C) They seem to eliminate complexity. 
D) They save time. 
A) They seem to eliminate ambiguity. 
B) They thoroughly explore all alternatives. 
C) They seem to eliminate complexity. 
D) They save time.

Question 18

Escalation of commitment can occur when people don't ________.

Accepted Answer

A) want to admit that an earlier decision was flawed 
B) accept current conditions 
C) understand that conditions have changed 
D) want to make a decision 
A) want to admit that an earlier decision was flawed 
B) accept current conditions 
C) understand that conditions have changed 
D) want to make a decision

Question 19

A person who satisfices fails to ________.

Accepted Answer

A) understand his or her position 
B) accept the truth of a situation 
C) maximise his or her decision 
D) make any kind of decision 
A) understand his or her position 
B) accept the truth of a situation 
C) maximise his or her decision 
D) make any kind of decision

Question 20

Which of the following is the best definition for the word 'satisfice'?

Accepted Answer

A) Very satisfying. 
B) Requires a perfect solution. 
C) Accepts a less than perfect solution. 
D) Not sufficient. 
A) Very satisfying. 
B) Requires a perfect solution. 
C) Accepts a less than perfect solution. 
D) Not sufficient.

In a short essay,describe how nominal group technique can help avoid groupthink and enhance creativity in group decision making.

________ can cause people in a group to fail to express their true opinions.

In a short essay,identify and explain the advantages and disadvantages to group decision making.

To identify a problem,a manager ________.

Two major advantages of electronic meetings are anonymity and honesty.

A judge consults guidelines before ordering the amount of damages to be paid in a legal case.What kind of decision making is she doing?

A key to what is commonly used to assess risk is for a decision-maker to examine the ________ an investment.

When dealing with international organisations,managers must be ________ in order to accommodate the managing styles of different cultures.

Programmed decisions work well for solving ________.

What does it mean for a decision-maker to maximise value?

Because heuristics simplify the decision-making process,they are unlikely to lead to errors.

In decision making,a problem can be defined as a discrepancy between what exists and what the problem-solver desires to exist.

Which of the following is a drawback to seeking diverse views in decision making?

Emotions should not always be ignored in a decision-making process.

Which term best characterises a decision that has bounded rationality?

Which of the following is most important for a manager to remember with relation to big data?

Which of the following is NOT a reason why managers often resort to using heuristics?

Escalation of commitment can occur when people don't ________.

A person who satisfices fails to ________.

Which of the following is the best definition for the word 'satisfice'?

Managers and Management

The Managerial Environment

Foundations of Planning

Organisational Structure and Design

Managing Human Resources

Managing Change and Innovation

Foundations of Individual Behaviour

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Managing Communication and Information

Foundations of Control

Filters

Exam 3: Foundations of Decision Making

In a short essay,describe how nominal group technique can help avoid groupthink and enhance creativity in group decision making.

________ can cause people in a group to fail to express their true opinions.

In a short essay,identify and explain the advantages and disadvantages to group decision making.

To identify a problem,a manager ________.

Two major advantages of electronic meetings are anonymity and honesty.

A judge consults guidelines before ordering the amount of damages to be paid in a legal case.What kind of decision making is she doing?

A key to what is commonly used to assess risk is for a decision-maker to examine the ________ an investment.

When dealing with international organisations,managers must be ________ in order to accommodate the managing styles of different cultures.

Programmed decisions work well for solving ________.

What does it mean for a decision-maker to maximise value?

Because heuristics simplify the decision-making process,they are unlikely to lead to errors.

In decision making,a problem can be defined as a discrepancy between what exists and what the problem-solver desires to exist.

Which of the following is a drawback to seeking diverse views in decision making?

Emotions should not always be ignored in a decision-making process.

Which term best characterises a decision that has bounded rationality?

Which of the following is most important for a manager to remember with relation to big data?

Which of the following is NOT a reason why managers often resort to using heuristics?

Escalation of commitment can occur when people don't ________.

A person who satisfices fails to ________.

Which of the following is the best definition for the word 'satisfice'?

Managers and Management

The Managerial Environment

Foundations of Planning

Organisational Structure and Design

Managing Human Resources

Managing Change and Innovation

Foundations of Individual Behaviour

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Managing Communication and Information

Foundations of Control

Filters