Ch 3: The Nature Of Managerial Decision-making

20 Questions | 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

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