Chapter 5 test for principles of management tuesday
Evaluation decision effectiveness
Analysing alternatives
Implementation of alternative
Identification of a problem
Selection of alternative
Measurable and quantifiable
Always know the outcome
Rational, logical, and objective
Never know the outcome
Maximizing the maximum profit
Maximizing the minimum profit
Minimizing maximum regret
Maximizing maximum regret
Maximizing the maximum profit
Maximizing the minimum profit
Minimizing maximum regret
Maximizing maximum regret
Maximizing the maximum profit
Maximizing the minimum profit
Minimizing maximum regret
Maximizing maximum regret
Repetitive and uses a routine approach
A series of interrelated steps
Statement that limits what a manager can or cannot do
Clear goals, familiar, easy and completely defined
A guideline for decision making
Repetitive and uses a routine approach
A series of interrelated steps
Statement that limits what a manager can or cannot do
Clear goals, familiar, easy and completely defined
A guideline for decision making
Repetitive and uses a routine approach
A series of interrelated steps
Statement that limits what a manager can or cannot do
Clear goals, familiar, easy and completely defined
A guideline for decision making
Repetitive and uses a routine approach
A series of interrelated steps
Statement that limits what a manager can or cannot do
Clear goals, familiar, easy and completely defined
A guideline for decision making
Repetitive and uses a routine approach
A series of interrelated steps
Statement that limits what a manager can or cannot do
Clear goals, familiar, easy and completely defined
A guideline for decision making
New problems
Unusual problems
Information is incomplete
All of the above
Structured decisions
Programmed decisions
Unstructured decisions
Non programmed decisions
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