Question 1

The president of Effectively Organized Inc.responds most positively to the model that is the most cautious.She explains that the budget process is the easiest decision for her because she breaks it into smaller pieces and builds the decisions as she goes.Which of the following models does the president seem to prefer?

Accepted Answer

A)   Bounded rationality
B)   The incremental model
C)   The garbage can model
D)   The coalitional model
E)   The crisis modelF) A) and E)
G) C) and D)

Question 2

Following all six stages of the decision-making process guarantees successful decisions.

Accepted Answer

A) True 
 B)False

Question 3

Barriers to effective decision making include psychological biases,time pressures,and social realities.

Accepted Answer

A) True 
 B)False

Question 4

In Scenario A,the manager's decision about interviewing applicants for two open part-time positions and hiring them is an example of a _____ decision.

Accepted Answer

A)   vigilant
B)   nonprogrammed
C)   programmed
D)   satisficing
E)   non-vigilantF) None of the above
G) A) and B)

Question 5

Which of the following is an element of an effective plan for crisis management?

Accepted Answer

A)   A communication plan that indicates that the company is in complete control
B)   Competitive actions to bounce back immediately
C)   Psychological and cultural actions for the human and emotional toll
D)   A template for a press statement,to be released before details are leaked
E)   A method to quickly distance the company from the crisisF) A) and C)
G) All of the above

Question 6

The vice president of marketing declares that her people disagree on goals and have now formed groups to advocate for their own interests.Her managers are using _____.

Accepted Answer

A)   bounded rationality
B)   the incremental model
C)   the garbage can model
D)   the coalitional model
E)   the crisis modelF) B) and E)
G) A) and C)

Question 7

Discounting the future refers to:

Accepted Answer

A)   valuing long-term benefits and costs more heavily than short-term benefits and costs.
B)   overestimating the long-term effects of the decision.
C)   underestimating the short-term effects of the decision.
D)   valuing short-term benefits and costs more heavily than longer-term benefits and costs.
E)   making quick decisions with whatever information is at hand.F) B) and E)
G) A) and B)

Question 8

The _____ model of decision making arises when two or more groups form,each representing a different preference,and each tries to use power and negotiation to sway the decision.

Accepted Answer

A)   bounded rationality
B)   incremental
C)   garbage can
D)   coalitional
E)   affective rationalityF) B) and C)
G) All of the above

Question 9

Which of the following is a disadvantage of group decisions?

Accepted Answer

A)   The decisions tend to be satisficing.
B)   There is a much smaller pool of information.
C)   The employees are not intellectually stimulated.
D)   There are multiple perspectives to the decision.
E)   There is more transparency among employees.F) C) and D)
G) None of the above

Question 10

The incremental model of decision making occurs when managers make small decisions and move cautiously toward a bigger solution.

Accepted Answer

A) True 
 B)False

Question 11

Complimenting one another and telling stories are examples of behaviors that can make brainstorming less effective.

Accepted Answer

A) True 
 B)False

Question 12

In order to be creative,a brainstorming session must:

Accepted Answer

A)   be free of criticism.
B)   be among top management.
C)   be done as fast as possible.
D)   have 15 people or more.
E)   involve industry experts.F) D) and E)
G) A) and C)

Question 13

Discuss the various ways of generating alternative solutions in a decision-making process.

Accepted Answer

There are several ways to generate alter...

Question 14

In trying to make a conflict between two employees less personal and emotional,their manager asks each of them to approach the problem from a different viewpoint than their original one.This is an example of encouraging the use of _____.

Accepted Answer

A)   cognitive conflict
B)   affective conflict
C)   psychological conflict
D)   custom-made solutions
E)   groupthinkF) A) and B)
G) All of the above

Question 15

Which of the following decisions is likely to be a programmed decision?

Accepted Answer

A)   Decisions about diversification into new products and markets
B)   Decisions with uncertainty regarding cause-and-effect relationships
C)   Decisions about reorganization of state government agencies
D)   Decisions regarding periodic reorders of inventory
E)   Decisions involving the purchase of experimental equipmentF) A) and E)
G) A) and B)

Question 16

Which of the following statements about creativity is true?

Accepted Answer

A)   The fundamental unit of value in the creative revolution is artistic ability.
B)   Joining two unrelated things into an idea is a creative trait.
C)   Creativity and academic excellence are closely linked.
D)   Employees tend to be more creative if a tight deadline is set.
E)   Creativity cannot be developed or nurtured,it is an inborn trait.F) C) and E)
G) B) and E)

Question 17

The three requirements for effective group decision making are an appropriate leadership style,the constructive use of disagreement and conflict,and the enhancement of creativity.

Accepted Answer

A) True 
 B)False

Question 18

Explain the three requirements of effectively managing group decision making.

Accepted Answer

The answer of Explain the three requirements of effectively managing...

Question 19

Explain the four advantages of using a group to make a decision.

Accepted Answer

There are several advantages to using a ...

Question 20

Which of the following is the best example of a manager discounting the future?

Accepted Answer

A)   A manager believing that he or she can control the outcome of any decision
B)   A manager planning for the long-term stability of a company
C)   A manager depending on programmed decisions for all issues
D)   A manager framing the decision alternatives to influence selection
E)   A manager focusing on quarterly profits instead of the long-term visionF) A) and D)
G) A) and C)

Exam 3: Managerial Decision Making

Discounting the future refers to:

Correct Answer
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Explain the four advantages of using a group to make a decision.

Correct Answer
Answered by ExamLex AI
There are several advantages to using a ...
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Which of the following statements about creativity is true?

Correct Answer
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Following all six stages of the decision-making process guarantees successful decisions.

Correct Answer
verified

Which of the following is an element of an effective plan for crisis management?

Correct Answer
verified

In Scenario A,the manager's decision about interviewing applicants for two open part-time positions and hiring them is an example of a _____ decision.

Correct Answer
verified

The incremental model of decision making occurs when managers make small decisions and move cautiously toward a bigger solution.

Correct Answer
verified

Barriers to effective decision making include psychological biases,time pressures,and social realities.

Correct Answer
verified

Which of the following is a disadvantage of group decisions?

Correct Answer
verified

In trying to make a conflict between two employees less personal and emotional,their manager asks each of them to approach the problem from a different viewpoint than their original one.This is an example of encouraging the use of _____.

Correct Answer
verified

The vice president of marketing declares that her people disagree on goals and have now formed groups to advocate for their own interests.Her managers are using _____.

Correct Answer
verified

In order to be creative,a brainstorming session must:

Correct Answer
verified

The three requirements for effective group decision making are an appropriate leadership style,the constructive use of disagreement and conflict,and the enhancement of creativity.

Correct Answer
verified

Correct Answer
verified

Which of the following decisions is likely to be a programmed decision?

Correct Answer
verified

Complimenting one another and telling stories are examples of behaviors that can make brainstorming less effective.

Correct Answer
verified

Explain the three requirements of effectively managing group decision making.

Correct Answer
verified

Discuss the various ways of generating alternative solutions in a decision-making process.

Correct Answer
Answered by ExamLex AI
There are several ways to generate alter...
View Answer

The _____ model of decision making arises when two or more groups form,each representing a different preference,and each tries to use power and negotiation to sway the decision.

Correct Answer
verified

Which of the following is the best example of a manager discounting the future?

Correct Answer
verified

Exam 3: Managerial Decision Making

Discounting the future refers to:

Correct AnswerverifiedShow Answer

Explain the four advantages of using a group to make a decision.

Correct AnswerAnswered by ExamLex AIThere are several advantages to using a ...View AnswerShow Answer

Which of the following statements about creativity is true?

Correct AnswerverifiedShow Answer

Following all six stages of the decision-making process guarantees successful decisions.

Correct AnswerverifiedShow Answer

Which of the following is an element of an effective plan for crisis management?

Correct AnswerverifiedShow Answer

In Scenario A,the manager's decision about interviewing applicants for two open part-time positions and hiring them is an example of a _____ decision.

Correct AnswerverifiedShow Answer

The incremental model of decision making occurs when managers make small decisions and move cautiously toward a bigger solution.

Correct AnswerverifiedShow Answer

Barriers to effective decision making include psychological biases,time pressures,and social realities.

Correct AnswerverifiedShow Answer

Which of the following is a disadvantage of group decisions?

Correct AnswerverifiedShow Answer

In trying to make a conflict between two employees less personal and emotional,their manager asks each of them to approach the problem from a different viewpoint than their original one.This is an example of encouraging the use of _____.

Correct AnswerverifiedShow Answer

The vice president of marketing declares that her people disagree on goals and have now formed groups to advocate for their own interests.Her managers are using _____.

Correct AnswerverifiedShow Answer

In order to be creative,a brainstorming session must:

Correct AnswerverifiedShow Answer

The three requirements for effective group decision making are an appropriate leadership style,the constructive use of disagreement and conflict,and the enhancement of creativity.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Which of the following decisions is likely to be a programmed decision?

Correct AnswerverifiedShow Answer

Complimenting one another and telling stories are examples of behaviors that can make brainstorming less effective.

Correct AnswerverifiedShow Answer

Explain the three requirements of effectively managing group decision making.

Correct AnswerverifiedShow Answer

Discuss the various ways of generating alternative solutions in a decision-making process.

Correct AnswerAnswered by ExamLex AIThere are several ways to generate alter...View AnswerShow Answer

The _____ model of decision making arises when two or more groups form,each representing a different preference,and each tries to use power and negotiation to sway the decision.

Correct AnswerverifiedShow Answer

Which of the following is the best example of a manager discounting the future?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
There are several advantages to using a ...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
There are several ways to generate alter...
View Answer

Correct Answer
verified

Correct Answer
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