Question 1

Explain the different ways by which organizations can promote intrapreneurship.

Accepted Answer

The answer of Explain the different ways by which organizations...

Question 2

To use a programmed decision in dealing with occasional company overspending, a manager would

Accepted Answer

A) have a brainstorming session to gather possible solutions to the overspending. 
B) listen to the opinions of various employees about why the company overspends. 
C) conduct an analysis to determine the possible causes for overspending. 
D) devise procedures to take depending on the amount of overspending in a month.

Question 3

The classical decision-making model assumes that managers have all of the information they need in order to make the optimum decision.

Accepted Answer

A) True 
 B)False

Question 4

The pattern of faulty and biased decision making that occurs in groups whose members strive for agreement at the expense of good decision making is called

Accepted Answer

A) brainstorming. 
B) groupthink. 
C) devil's advocacy. 
D) bounded rationality.

Question 5

Briana, a manager, is attempting to determine whether she has both the capability and the resources to produce one of several possible new products. In the context of decision making, on which of the following criteria of alternative courses of action is Briana focusing?

Accepted Answer

A) practicality 
B) ethicalness 
C) legality 
D) economic feasibility

Question 6

A human resource manager for a large company wants to hire people who show strong potential to become intrapreneurs. Considering this, the manager would most likely hire the applicant who

Accepted Answer

A) achieved success with a project in his previous job, but downplays his contribution to the project. 
B) achieved success with a safe project in her previous job and opposed riskier projects. 
C) took responsibility for the failure of a project in his previous job and is confident he will correct his mistakes. 
D) took responsibility for the successes in her previous job, but blamed others for the failures.

Question 7

The most appropriate decision in light of what managers believe to be the most desirable consequences for the organization is called the ________ decision.

Accepted Answer

A) tactical 
B) optimum 
C) rational 
D) operational

Question 8

Calla is the manager for a fragrance company that is considering starting a line of organic perfumes. Her employees have mixed feelings about this idea. Some criticize it as being impractical, but others are enthusiastic about it, despite the costs involved in producing perfumes with organic ingredients. Which of the following actions should Calla take to efficiently and effectively ensure that the company's organic perfume line reaches the end consumer?

Accepted Answer

A) recognize that one employee is the staunchest advocate for organic perfume and encourage her to take charge of the project 
B) form a group of employees to come up with ideas to implement the product and constantly check in with them to monitor their progress 
C) cut bonuses for employees who think of good ideas for implementing organic perfume and spend the money on advertising their ideas 
D) tell employees who support the idea of organic perfume that they should start their own company if the idea is rejected

Question 9

Martin, a plant foreman, hires an additional worker whenever overtime hours for the previous month increase by more than 25 percent. This is an example of which type of decision?

Accepted Answer

A) intuition 
B) groupthink 
C) satisficing 
D) programmed

Question 10

Esteban, a manager, performs a financial analysis of several investment alternatives in order to determine which alternative is most likely to impact the organization's profitability. Esteban is focusing on

Accepted Answer

A) bounded rationality. 
B) ethicalness. 
C) economic feasibility. 
D) dialectical inquiry.

Question 11

KJ, Inc., has received a poor rating for one of its newly launched products from the customers. Joe, a top manager at KJ, Inc., wants to find out why this product performed poorly. To accomplish this, which of the following decision-making steps does Joe have to implement?

Accepted Answer

A) generate alternatives 
B) learn from feedback 
C) recognize the need for a decision 
D) implement the chosen alternative

Question 12

In managerial decision making, the ability of a manager to discover novel ideas that lead to alternative courses of action for the organization to use for solving a particular problem is known as

Accepted Answer

A) groupthink. 
B) satisficing. 
C) innovation. 
D) creativity.

Question 13

When managers cannot assign probabilities of future occurrence to possible alternatives with a decision, this is known as

Accepted Answer

A) certainty. 
B) risk. 
C) bounded rationality. 
D) uncertainty.

Question 14

Stojan, a plant manager, wants to initiate a diversity training program in his plant. He is considering whether his department has enough extra people to cover for the time his employees will be engaged in the classes. Which of the following criteria of decision making is Stojan implementing?

Accepted Answer

A) legality 
B) practicality 
C) devil's advocacy 
D) economic feasibility

Question 15

Jack, a manager, wants to promote creativity in his company. To do this, which of the following actions would he take?

Accepted Answer

A) allow a subordinate to proceed on a work project even though he does not agree with how the subordinate wants to do the work 
B) keep a close eye on a subordinate to make sure he or she is working steadily and efficiently to find a solution to a problem 
C) set a strict deadline on a subordinate, thereby using this pressure to motivate the subordinate to think of novel solutions to a problem 
D) inform a subordinate not to think of outlandish ideas to solve a problem, but rather think of ideas that seem practical

Question 16

You are a manager assessing possible alternatives for the solution of a quality problem in his department. As part of this process, you want to determine if a possible alternative will threaten other company projects. To accomplish this, which of the following criteria of decision-making will you implement?

Accepted Answer

A) economic feasibility 
B) practicality 
C) legality 
D) ethicalness

Question 17

A critical analysis of a preferred alternative to ascertain its strengths and weaknesses before it is implemented, with the purpose of identifying all the reasons that might make the preferred alternative unacceptable, is

Accepted Answer

A) dialectical inquiry. 
B) devil's advocacy. 
C) groupthink. 
D) the Delphi technique.

Question 18

You are a manager assessing possible alternatives for the solution of a problem. To do this, you have to determine the net financial payoff of each alternative. Which of the following criteria of decision making do you have to implement to accomplish this?

Accepted Answer

A) economic feasibility 
B) practicality 
C) ethicalness 
D) legality

Question 19

Rationalization is a critical analysis of a preferred alternative to ascertain its strengths and weaknesses before it is implemented.

Accepted Answer