Ch 3 Decision Making

25 Questions | Total Attempts: 28

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Decision Making Quizzes & Trivia

CH 3 Decision Making, CH 3 Decision Making

Questions and Answers
  • 1. 
    MGMT 312
    • A. 

      MGMT 312

    • B. 


  • 2. 
    ------------------ (D): A choice made between available alternatives
  • 3. 
    Decision -------------------- (M): The process of developing and analyzing alternatives and choosing from among them.
  • 4. 
    ------------------- (P): A discrepancy between a desirable and an actual situation.
  • 5. 
    --------------- (J): The cognitive, or "thinking," aspects of the decision-making process.
  • 6. 
    ------------------- (P) decision: A decision that is repetitive and routine can be made by using a definite, systematic procedure.
  • 7. 
    ----------------------- (N) decision: A decision that is unique and novel.
  • 8. 
    The principle of ------------------- (E): Only bring exceptions to the way things should be to the manager's attention. Handle routing matters yourself.
  • 9. 
    The Classical Approach?
  • 10. 
    Bounded ------------------ (R) (Herbert Simon): The boundaries on rational decision making imposed by one's values, abilities, and limited capacity for processing information.
  • 11. 
    ---------------------- (S): To stop the decision making process when satisfactory alternatives are found, rather than to review solutions until an optimal alternative is discovered.
  • 12. 
    The decision making process?
  • 13. 
    How to make better decisions?Increase your Knowledge?
  • 14. 
    How to make better decisions? Use your Intuition?
  • 15. 
    How to make better decisions?Weigh the Pros and Cons?
  • 16. 
    How to make better decisions?Dont overstress the finality of your decision?
  • 17. 
    How to make better decisions?Make sure the timing is right?
  • 18. 
    Making a choice?
  • 19. 
    ------------------- (C): The process of developing original, novel responses to a problem.
  • 20. 
    --------------------- (B): A creativity stimulating technique in which prior judgments and criticisms are specifically forbidden from being expressed in order to encourage the free flow of ideas which are encouraged.
  • 21. 
    How to be more creative?
  • 22. 
    Using a -------------------- (H): Applying a rule of thumb or an approximation as a shortcut to decision making.
  • 23. 
    ------------------ (A): Unconsciously giving disproportionate weight to the first information available.
  • 24. 
    Adopting a ------------------- (P) set: The tendency to rely on a rigid strategy or approach when solving a problem.
  • 25. 
    --------------------- (P) (Personal Bias): The unique way each person defines stimuli, depending on the influence of past experiences and the person's present needs and personality.