Ch 3: The Nature Of Managerial Decision-making

20 Questions | By Nabilazwa | Last updated: Mar 20, 2022 | Total Attempts: 609

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Ch 3: The Nature Of Managerial Decision-making - Quiz

ANSWER ALL QUESTIONS FOR 30 MINUTES.

Questions and Answers

1.

The process by which a course of action is selected as the way to deal with a specific problem is refer to opportunity.
- A.
  
  True
- B.
  
  False
2.

Decision making refers to the process through which managers and leaders identify and resolve problems and capitalize on opportunities.
- A.
  
  True
- B.
  
  False
3.

Decision making refers to the process through which managers and leaders identify and resolve problems and capitalize on opportunities.
- A.
  
  True
- B.
  
  False
4.

The problem arise when there is any situation that has the potential to provide additional beneficial outcomes.
- A.
  
  True
- B.
  
  False
5.

The 1st step in decision-making process is by identifying the objectives.
- A.
  
  True
- B.
  
  False
6.

Which of the following is not an advantage of group-decision making?
- A.
  
  Greater acceptance and commitment to decisions
- B.
  
  Less information, data, and facts accumulated
- C.
  
  Problems viewed from various aspects
- D.
  
  Greater satisfaction from employees
7.

In condition under decision making, risk can be defined as
- A.
  
  Some information is clear, and enough to answer all questions
- B.
  
  All the Information is complete, but it is not enough to answer all questions about the outcomes
- C.
  
  Some information is available, but it is not enough to answer all questions about the outcomes
- D.
  
  Decision maker know exactly what will happen and able to predict the outcome precisely
8.

There are 2 types of decision making; Programmed Decisions and Condition Under Certainty.
- A.
  
  True
- B.
  
  False
9.

Which of the following is referring to the programmed decision making.
- A.
  
  Deals with unique, unusual or exceptional problem. It is unstructured and requires higher level management
- B.
  
  A decision that is relatively unstructured and occurs frequently.
- C.
  
  It is structured whereby decision that can be handled by a unique approach for example enter a new market.
- D.
  
  A decision that is fairly structured or recurs with some frequency.
10.

A rational decision making is a systematic process of defining problems, evaluating alternatives, and choosing optimal solutions
- A.
  
  True
- B.
  
  False
11.

The following is the steps in decision making, except.
- A.
  
  Identify Problems
- B.
  
  Setting objective
- C.
  
  Look for available options
- D.
  
  Selecting available alternative
12.

To ensure an effective strategy implementation, proper planning and consideration of the resources necessary to carry out the decision.
- A.
  
  True
- B.
  
  False
13.

The decision-making process is complete even if the decision has not been evaluated
- A.
  
  True
- B.
  
  False
14.

The following is the disadvantages of Group Decision Making, Except.
- A.
  
  Social pressure to conform
- B.
  
  Minority domination
- C.
  
  Concern fo groups goals rather than individual
- D.
  
  Greater time requirement
15.

The decision-making process becoming ineffective when (choose more than 1 answer)
- A.
  
  The leader becomes more psychologically distant from the other members.
- B.
  
  The group’s tolerance of direction from the leader is greater, and the team’s decision making becomes more centralized.
- C.
  
  The demands on the leaders time and attention are greater
- D.
  
  The atmosphere is more friendly, personal and, in general,satisfying.
16.

Which of the following is Technique for Quality in Group Decision Making.
- A.
  
  Attribute Listing
- B.
  
  Problem Reversal
- C.
  
  Mind Map
- D.
  
  Dialectical Inquiry
17.

Select the rules of brainstorming
- A.
  
  Ideas are not criticized as they are being generated.
- B.
  
  Freewheeling is not allowed
- C.
  
  Quality is not important
- D.
  
  The less the ideas, the better.
18.

Nominal group technique is a structured process designed to stimulate creative group decision-making in which agreement is lacking or the members have incomplete knowledge concerning the nature of the problem
- A.
  
  True
- B.
  
  False