0% found this document useful (0 votes)
43 views

B. Nonprogrammed (Moderate)

This document presents a series of multiple choice questions about decision making processes faced by managers. It discusses concepts like: 1) The eight step rational decision making process of identifying problems, setting criteria, analyzing alternatives, selecting an option, implementing it, and evaluating. 2) The concept of "bounded rationality" where managers simplify decisions due to information and time constraints. 3) The idea of "satisficing" where managers choose options that are "good enough" rather than trying to maximize. 4) Biases that managers can face like escalation of commitment to previous decisions.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
43 views

B. Nonprogrammed (Moderate)

This document presents a series of multiple choice questions about decision making processes faced by managers. It discusses concepts like: 1) The eight step rational decision making process of identifying problems, setting criteria, analyzing alternatives, selecting an option, implementing it, and evaluating. 2) The concept of "bounded rationality" where managers simplify decisions due to information and time constraints. 3) The idea of "satisficing" where managers choose options that are "good enough" rather than trying to maximize. 4) Biases that managers can face like escalation of commitment to previous decisions.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 17

A MANAGERS DILEMMA 31. According to the company profile in A Manager! Dilemma " #hich of the follo#ing $e!t de!cri$e!

the type of deci!ion Mar% Gala!!o i! faced #ith in the introd&ction of hi! company! ne# dirt $i%e' a. programmed deci!ion b. nonprogrammed (moderate) c. &ni(er!al d. &nethical e. orthodo) All of the follo#ing are mentioned a! ma+or competitor! of ,onnondale ,orporation according to the company profile in -A Manager! Dilemma E.,E/01 a. 2amaha $. S&3&%i c. Harley Davidson (easy) d. 4a#a!a%i e. 5onda

3*.

05E DE,ISI6N7MA4ING /R6,ESS 33. Deci!ion7ma%ing i! 8!impli!tically9 typically de!cri$ed a! #hich of the follo#ing' a. deciding #hat i! correct $. p&tting preference on paper c. choosing among alternatives (moderate) d. proce!!ing information to completion e. the end re!&lt of data collection A !erie! of eight !tep! that $egin! #ith identifying a pro$lem and deci!ion criteria and allocating #eight! to tho!e criteria; mo(e! to de(eloping" analy3ing" and !electing an alternati(e that can re!ol(e the pro$lem; implement! the alternati(e; and concl&de! #ith e(al&ating the deci!ion<! effecti(ene!! i! the ==============. a. decision-making process. (easy) $. managerial proce!!. c. ma)imin !tyle. d. $o&nded rationality approach. e. legali!tic opport&ni!m proce!!. 0he fir!t !tep in the deci!ion7ma%ing proce!! i! #hich of the follo#ing' a. de(eloping deci!ion criteria $. allocating #eight! to the criteria c. analy3ing alternati(e! d. identifying a problem (moderate) e. implementing the deci!ion<! effecti(ene!! @A di!crepancy $et#een an e)i!ting and a de!ired !tate of affair!@ de!cri$e! #hich of the !tep! in the deci!ion7ma%ing proce!!' a. criteria #eight allocation $. analy!i! of alternati(e! c. problem identification (difficult) d. deci!ion effecti(ene!! e(al&ation e. deci!ion criteria identification

3:.

3>.

3?.

3A.

Bhich of the follo#ing !tatement! i! tr&e concerning pro$lem identification' a. /ro$lem! are generally o$(io&!. $. A !ymptom and a pro$lem are $a!ically the !ame. c. Bell trained manager! generally agree on #hat i! con!idered a pro$lem. d. The problem must be such that it exerts some type of pressure for the manager to act. (moderate) e. 0o $e con!idered a pro$lem" manager! m&!t $e a#are of the di!crepancy $&t not ha(e the re!o&rce! nece!!ary to ta%e action. Bhich of the follo#ing m&!t $e pre!ent in order to initiate the deci!ion7ma%ing proce!!' a. plenty of time b. pressure to act (moderate) c. a lac% of a&thority d. a lac% of re!o&rce! e. en(ironmental certainty Manager! aren<t li%ely to characteri3e !omething a! a pro$lem if they percei(e ==============. a. they don't have authority to act. (difficult) $. pre!!&re to act. c. a di!crepancy. d. they ha(e !&fficient re!o&rce!. e. they ha(e $&dgetary a&thority. If a manager #a! p&rcha!ing a comp&ter !y!tem" i!!&e! !&ch a! price and model are e)ample! of #hich part of the deci!ion7ma%ing proce!!' a. pro$lem identification $. criteria #eight allocation c. identifying decision criteria (difficult) d. e(al&ating deci!ion effecti(ene!! e. implementing the alternati(e Bhich of the follo#ing i! the !tep in the deci!ion7ma%ing proce!! that follo#! identifying a pro$lem and deci!ion criteria' a. allocating eights to the criteria (moderate) $. analy3ing the alternati(e! c. !electing the $e!t alternati(e d. implementing the alternati(e e. e(al&ating the deci!ion<! effecti(ene!! In allocating #eight! to the deci!ion criteria" #hich of the follo#ing i! helpf&l to remem$er' a. All #eight! m&!t $e the !ame. $. 0he total of the #eight! !ho&ld !&m to 1.E. c. E(ery factor criterion con!idered" regardle!! of it! importance" m&!t recei(e !ome #eighting. d. !ssign the most important criterion a score" and then assign eights against that standard. (difficult) e. 0he mo!t important and lea!t important criteria !ho&ld recei(e the in(er!e #eighting !tandard.

3C.

3D.

:E.

:1.

:*.

:3.

In !tep !i) of the deci!ion7ma%ing proce!!" each alternati(e i! e(al&ated $y apprai!ing it again!t the ==============. a. !&$+ecti(e goal! of the deci!ion ma%er. b. criteria. (moderate) c. a!!e!!ed (al&e!. d. implementation !trategy. e. di!crepancy !tat&!.

::.

Selecting an alternati(e in the deci!ion7ma%ing proce!! i! accompli!hed $y ==============. a. choosing the alternative ith the highest score. (easy) $. choo!ing the one yo& li%e $e!t. c. !electing the alternati(e that ha! the lo#e!t price. d. !electing the alternati(e that i! the mo!t relia$le. e. choo!ing the alternati(e yo& thin% yo&r $o!! #o&ld prefer. ============== incl&de! con(eying a deci!ion to tho!e affected and getting their commitment to it. a. Selecting an alternati(e $. E(al&ation of deci!ion effecti(ene!! c. #mplementation of the alternatives (moderate) d. Analy3ing alternati(e! e. De(eloping alternati(e! Bhich of the follo#ing i! important in effecti(ely implementing the cho!en alternati(e in the deci!ion7ma%ing proce!!' a. getting &pper management !&pport $. do&$le chec%ing yo&r analy!i! for potential error! c. allo ing those impacted by the outcome to participate in the process (moderate) d. ignoring critici!m concerning yo&r cho!en alternati(e e. implementing yo&r cho!en alternati(e F&ic%ly Bhich of the follo#ing i! the final !tep in the deci!ion7ma%ing proce!!' a. identifying the pro$lem b. evaluating the decision's effectiveness (easy) c. identifying deci!ion criteria d. !electing an alternati(e that can re!ol(e the pro$lem e. allocating #eight! to alternati(e!. Bhich of the follo#ing i! important to remem$er in e(al&ating the effecti(ene!! of the deci!ion7ma%ing proce!!' a. Ignore critici!m concerning the deci!ion7ma%ing. b. $ou may have to start the hole decision process over. (difficult) c. Re!tart the deci!ion7ma%ing proce!! if the deci!ion i! le!! than >EG effecti(e. d. DEG of pro$lem! #ith deci!ion7ma%ing occ&r in the implementation !tep. e. 4eep trac% of pro$lem! #ith the cho!en alternati(e" $&t only change tho!e i!!&e! that &pper management demand.

:>.

:?.

:A.

:C.

05E /ERHASIHENESS 6I DE,ISI6N MA4ING :D. Deci!ion7ma%ing i! !ynonymo&! #ith ==============. a. managing. (easy) $. leading. c. controlling. d. planning. e. organi3ing. Bhich of the follo#ing i! not a @planning@ deci!ion' a. Bhat are the organi3ation<! long7term o$+ecti(e!' $. Bhat !trategie! #ill $e!t achie(e tho!e o$+ecti(e!' c. Ho many subordinates should # have report directly to me% (moderate)

>E.

d. Bhat !ho&ld the organi3ation<! !hort7term o$+ecti(e! $e' e. 5o# diffic&lt !ho&ld indi(id&al goal! $e'

>1.

Bhich of the follo#ing i! not an @organi3ing@ deci!ion' a. &hat are the organi'ation's long-term ob(ectives% (moderate) $. 5o# many employee! !ho&ld I ha(e report directly to me' c. 5o# !ho&ld +o$! $e de!igned' d. 5o# m&ch centrali3ation !ho&ld there $e in the organi3ation' e. Bhen !ho&ld the organi3ation implement a different !tr&ct&re' Bhich of the follo#ing i! not a @leading@ deci!ion' a. 5o# do I handle employee! #ho appear to $e lo# in moti(ation' $. Bhat i! the mo!t effecti(e leader!hip !tyle in a gi(en !it&ation' c. 5o# #ill a !pecific change affect #or%er prod&cti(ity' d. Bhen i! the right time to !tim&late conflict' e. Ho should (obs be designed% (moderate) Bhich of the follo#ing i! not a @controlling@ deci!ion' a. Bhat acti(itie! in the organi3ation need to $e controlled' $. 5o# !ho&ld tho!e acti(itie! $e controlled' c. Bhen i! a performance de(iation !ignificant' d. &hen is the right time to stimulate conflict% (moderate) e. Bhat type of management information !y!tem !ho&ld the organi3ation ha(e'

>*.

>3.

05E MANAGER AS DE,ISI6N MA4ER >:. Manager! are a!!&med to $e ==============; they ma%e con!i!tent" (al&e7 ma)imi3ing choice! #ithin !pecified con!traint!. a. rational (easy) $. leader! c. organi3ed d. !ati!ficer! e. programmed Rational managerial deci!ion7ma%ing a!!&me! that deci!ion! are made in the $e!t ============== intere!t! of the organi3ation. a. economic (moderate) $. payoff c. !tati!tical d. re(en&e e. $&dgetary Bhich of the follo#ing i! tr&e a$o&t managerial rational deci!ion7ma%ing' a. Mo!t deci!ion! manager! face allo# for rational deci!ion7ma%ing. b. )anagers can make rational decisions if provided the right set of assumptions. (difficult) c. Rational deci!ion7ma%ing i! al#ay! po!!i$le if the goal! are clear and !traightfor#ard. d. 0ime pre!!&re force! manager! into rational deci!ion7ma%ing. e. Rational deci!ion7ma%ing i! generally po!!i$le #hen the deci!ion in(ol(e! @thing!@ $&t not people. Bhich of the follo#ing i! not a (alid a!!&mption a$o&t rationality' a. 0he pro$lem i! clear and &nam$ig&o&!. $. A !ingle #ell7defined goal i! to $e achie(ed. c. /reference! are clear. d. *references are constantly changing. (difficult)

>>.

>?.

>A.

e.

No time or co!t con!traint! e)i!t.

>C.

In @$o&nded rationality"@ manager! con!tr&ct ============== model! that e)tract the e!!ential feat&re! from pro$lem!. a. m&ltiple $. $inding c. interacti(e d. simplified (difficult) e. pa!t According to the te)t" $eca&!e manager! cant po!!i$ly analy3e all information on all alternati(e!" manager! ==============" rather than ==============. a. ma)imi3e; !ati!fice $. ma)imi3e; minimi3e c. !ati!fice; minimi3e d. satisfice+ maximi'e (moderate) 0he type of deci!ion7ma%ing in #hich the !ol&tion i! con!idered @good eno&gh@ i! %no#n a! #hich of the follo#ing' a. int&ition $. rational c. ma)imi3ing d. satisficing (moderate) e. @g&t feeling@ Bhen a deci!ion7ma%er choo!e! an alternati(e &nder perfect rationality" !he choo!e! a ============== deci!ion" #hile &nder $o&nded rationality !he choo!e! a ============== deci!ion. a. minimi3ing; !ati!fying $. !ati!ficing; ma)imi3ing c. maximi'ing+ satisficing (difficult) d. ma)imi3ing; minimi3ing e. minimi3ing; ma)imi3ing An increa!ed commitment to a pre(io&! deci!ion de!pite e(idence that it may ha(e $een #rong i! referred to a! =============. a. economie! of commitment b. escalation of commitment (moderate) c. dimen!ional commitment d. e)pan!ion of commitment An &ncon!cio&! proce!! of ma%ing deci!ion! on the $a!i! of e)perience and acc&m&lated +&dgment i! ============== deci!ion7ma%ing. a. rational b. intuitive (easy) c. $o&nded d. !ati!ficing e. programmed According to the te)t" all of the follo#ing are a!pect! of int&ition E.,E/01 a. e)perienced7$a!ed deci!ion! $. affect7initiated deci!ion! c. cogniti(e7$a!ed deci!ion! d. (al&e! or ethic!7$a!ed deci!ion! e. programmed decisions (easy)

>D.

?E.

?1.

?*.

?3.

?:.

?>.

According to the te)t" ============= are !traightfor#ard" familiar" and ea!ily defined pro$lem!. a. poorly7!tr&ct&red pro$lem! b. ell-structured problems (moderate) c. &niF&e pro$lem! d. non7programmed pro$lem! e. programmed pro$lem! Bell7!tr&ct&red pro$lem! align #ell #ith #hich type of deci!ion7ma%ing' a. programmed (moderate) $. !ati!ficing c. int&ition d. @g&t feeling@ e. @gar$age can@ approach 0he mo!t efficient #ay to handle ============== deci!ion7ma%ing. a. linear $. &niF&e c. foc&!ed d. hit7and7mi!! e. programmed (moderate) #ell7!tr&ct&red pro$lem! i! thro&gh

??.

?A.

?C.

============== deci!ion7ma%ing i! relati(ely !imple and tend! to rely hea(ily on pre(io&! !ol&tion!. a. Nonprogrammed $. Linear c. Sati!ficing d. Integrati(e e. *rogrammed (moderate) /rogrammed deci!ion7ma%ing tend! to rely on #hich of the follo#ing' a. the pro$lem !ol(er<! a$ility to thin% on hi!Jher feet $. the de(elopment of a clear !et of alternati(e !ol&tion! c. previous solutions (easy) d. identification of the act&al pro$lem e. acc&rate #eighting of the deci!ion criteria A ============== i! a !erie! of interrelated !eF&ential !tep! that a manager can &!e for re!ponding to a !tr&ct&red pro$lem. a. procedure (easy) $. r&le c. policy d. !y!tem e. !ol&tion A ============== i! an e)plicit !tatement that tell! a manager #hat he or !he o&ght or o&ght not to do. a. proced&re $. policy c. rule (moderate) d. !ol&tion e. !y!tem

?D.

AE.

A1.

A*.

A ============== pro(ide! g&ideline! to channel a manager<! thin%ing in a !pecific direction. a. !y!tem $. r&le c. !ol&tion d. policy (moderate) e. proced&re Bhich of the follo#ing factor! contra!t! the difference $et#een a policy and a r&le' a. a policy establishes parameters (difficult) $. a r&le e!ta$li!he! parameter! c. a policy i! more e)plicit d. a r&le i! more am$ig&o&! e. a policy lea(e! little to interpretation According to the te)t" a ============== typically contain! an am$ig&o&! term that lea(e! interpretation &p to the deci!ion ma%er. a. !y!tem $. r&le c. !ol&tion d. policy (moderate) e. proced&re A $&!ine!! !chool<! !tatement that it @!tri(e! for prod&cti(e relation!hip! #ith local organi3ation!"@ i! an e)ample of a ==============. a. r&le. b. policy. (moderate) c. proced&re. d. commitment. e. contract. Bhich of the follo#ing i! a characteri!tic of poorly7!tr&ct&red pro$lem!' a. 0hey are typical. $. 0hey tend to $e reha!hed pro$lem! from the organi3ation. c. Information i! !traightfor#ard. d. They tend to have incomplete or ambiguous information. (difficult) e. 0hey are fa!t $rea%ing in nat&re. Bhen pro$lem! are ==============" manager! m&!t rely on ============== in order to de(elop &niF&e !ol&tion!. a. #ell7!tr&ct&red; nonprogrammed deci!ion ma%ing $. #ell7!tr&ct&red; p&re int&ition c. poorly-structured+ nonprogrammed decision making (moderate) d. poorly7!tr&ct&red; programmed deci!ion ma%ing Bhich of the follo#ing term! i! a!!ociated #ith nonprogrammed deci!ion!' a. uni,ue (moderate) $. rec&rring c. ro&tine d. repetiti(e e. #ell7defined

A3.

A:.

A>.

A?.

AA.

AC.

AD.

Lo#er7le(el manager! typically confront #hat type of deci!ion7ma%ing' a. &niF&e $. nonro&tine c. programmed (moderate) d. nonprogrammed e. nonrepetiti(e Bhat type of deci!ion7ma%ing facilitate! organi3ational efficiency' a. nonprogrammed $. &niF&e c. nonrepetiti(e d. nonro&tine e. programmed (difficult) Bhich of the follo#ing i! an acc&rate !tatement concerning the impact of programmed deci!ion! on organi3ation!' a. 0hey ma)imi3e the need for manager! to e)erci!e di!cretion. b. They decrease the need for high-cost managerial talent. (moderate) c. 0hey increa!e the amo&nt of +&dgment needed $y manager!. d. 0hey decrea!e organi3ational efficiency. e. 0hey are a!!ociated #ith ,reati(e 6perating /roced&re!. ============== i! a !it&ation in #hich a manager can ma%e acc&rate deci!ion! $eca&!e the o&tcome of e(ery alternati(e i! %no#n. a. -ertainty (easy) $. Ri!% c. Kncertainty d. Ma)ima) e. Ma)imin If an indi(id&al %no#! the price of three !imilar car! at different dealer!hip!" heJ!he i! operating &nder #hat type of deci!ion7ma%ing condition' a. ri!% $. &ncertainty c. certainty (easy) d. fact&al e. &nprogrammed ============== i! tho!e condition! in #hich the deci!ion ma%er i! a$le to e!timate the li%elihood of certain o&tcome!. a. ,ertainty b. .isk (easy) c. Kncertainty d. Ma)ima) e. Ma)imin A retail clothing !tore manager #ho e!timate! ho# m&ch to order for the c&rrent !pring !ea!on $a!ed on la!t !pring<! o&tcome! i! operating &nder #hat %ind of deci!ion7ma%ing condition' a. !ea!onal b. risk (difficult) c. &ncertainty d. certainty e. cyclical

CE.

C1.

C*.

C3.

C:.

C>.

C?.

============== i! a !it&ation in #hich a deci!ion ma%er ha! neither certainty nor rea!ona$le pro$a$ility e!timate! a(aila$le. a. ,ertainty $. Ri!% c. /ncertainty (easy) d. Ma)ima) e. Ma)imin A per!on at a hor!e racetrac% #ho $et! all of hi!Jher money on the odd!7$a!ed long!hot to @#in@ 8rather than @place@ or @!ho#@9 i! ma%ing #hat %ind of choice' a. maximax (moderate) $. ma)imin c. minima) d. minimin Bhich of the follo#ing $e!t de!cri$e! -ma)imi3ing the minim&m po!!i$le payoff' a. ma)ima) b. maximin (moderate) c. minima) d. minimin An indi(id&al ma%ing a @ma)imin@ type of choice ha! #hat type of p!ychological orientation concerning &ncertain deci!ion7ma%ing' a. optimi!t $. reali!t c. pessimist (moderate) d. !ati!ficer e. e)tremi!t Bhich of the follo#ing #o&ld $e!t de!cri$e the p!ychological orientation of an indi(id&al ma%ing a -ma)ima) type of choice' a. optimist (moderate) $. reali!t c. pe!!imi!t d. !ati!ficer e. e)tremi!t According to the te)t" a manager #ho de!ire! to minimi3e hi! or her ma)imim -regret #ill opt for a ============== choice. a. ma)ima) $. ma)imin c. minimax (moderate) d. minimin All of the follo#ing are mentioned in the te)t a! deci!ion7ma%ing !tyle! E.,E/01 a. directi(e b. egotistical (moderate) c. analytic d. concept&al e. $eha(ioral

CA.

CC.

CD.

DE.

D1.

D*.

D3.

Bhich of the follo#ing deci!ion7ma%ing !tyle! ha(e lo# tolerance for am$ig&ity and are rational in their #ay of thin%ing' a. directive (moderate) $. egoti!tical c. analytic d. concept&al e. $eha(ioral A manager #ho @$y tomorro# #ant! to %no# the mo!t logical an!#er to the pro$lem that #ill increa!e profit! for thi! month@ ha! #hich of the follo#ing deci!ion7ma%ing !tyle!' a. analytic b. directive (difficult) c. concept&al d. $eha(ioral e. empirical 0he deci!ion7ma%ing !tyle that ma%e! fa!t deci!ion! and foc&!e! on the !hort term! i! referred to a! the ============== !tyle. a. directive (moderate) $. egoti!tical c. analytic d. concept&al e. $eha(ioral According to the te)t" #hich of the follo#ing deci!ion7ma%ing !tyle! often re!&lt in ma%ing deci!ion! #ith minimal information and a!!e!!ing fe# alternati(e!' a. directive (moderate) $. egoti!tical c. analytic d. concept&al e. $eha(ioral A8n9 ============7type deci!ion ma%er ha! m&ch greater tolerance for am$ig&ity than do directi(e type!. a. concept&al $. $eha(ioral c. empirical d. analytic (moderate) e. !patial According to the te)t" ============== are $e!t characteri3ed a! caref&l deci!ion ma%er! #ith the a$ility to adapt or cope #ith &niF&e !it&ation!. a. concept&al $. $eha(ioral c. empirical d. analytic (moderate) e. !patial Bhich of the follo#ing i! the deci!ion7ma%ing !tyle that #o&ld mo!t li%ely loo% at a! many alternati(e! a! po!!i$le and foc&! on the long r&n' a. analytical $. directi(e c. conceptual (moderate)

D:.

D>.

D?.

DA.

DC.

DD.

d. $eha(ioral e. !patial 1EE. Bhich of the follo#ing deci!ion7ma%ing !tyle! foc&! on the long r&n and are (ery good at finding creati(e !ol&tion! to pro$lem!' a. analytical $. directi(e c. conceptual (moderate) d. $eha(ioral e. !patial 1E1. A manager #ho #o&ld decide #hat comp&ter !y!tem to p&rcha!e for the department $y holding a meeting and recei(ing feed$ac% from hi!Jher !&$ordinate! matche! #ith #hich type of deci!ion7ma%ing !tyle' a. analytical b. behavioral (difficult) c. concept&al d. directi(e e. empirical 1E*. According to the te)t" ============== !tyle deci!ion ma%er! are concerned a$o&t the achie(ement! of !&$ordinate! and are recepti(e to !&gge!tion! from other!. a. analytical b. behavioral (difficult) c. concept&al d. directi(e e. empirical 1E3. ============= !tyle deci!ion ma%er! often &!e meeting! to comm&nicate" altho&gh they try to a(oid conflict. a. Analytical b. 0ehavioral (difficult) c. ,oncept&al d. Directi(e e. Empirical MANAGING B6R4I6R,E DIHERSI02 1E:. Bhich of the follo#ing i! N60 mentioned in the feat&red $o) -Managing Bor%force Di(er!ity a! a (al&a$le rea!on manager! !ho&ld &!e di(er!e employee! in the deci!ion ma%ing proce!!' a. Di(er!e employee! can pro(ide fre!h per!pecti(e! on i!!&e!. $. Di(er!e employee! can offer differing interpretation! on ho# a pro$lem i! defined. c. Diverse employees tend to make decisions faster than a homogeneous group of employees. (difficult) d. Di(er!e employee! &!&ally are more creati(e in generating alternati(e!. e. Di(er!e employee! &!&ally are more fle)i$le in re!ol(ing i!!&e!. 1E>. All of the follo#ing are mentioned in the feat&red $o) -Managing Bor%force Di(er!ity a! dra#$ac%! to &!ing di(er!ity in deci!ion ma%ing E.,E/01 a. a lac% of a common per!pecti(e among team mem$er!. $. lang&age $arrier among team mem$er!. c. seeking out diverse opinions can make the decision-making process overly simple. (difficult) d. diffic&lty to reach a !ingle agreement or to agree on !pecific action!.

1cenarios
05E DE,ISI6N7MA4ING /R6,ESS Deci!ion!" Deci!ion! 8Scenario9 Sondra needed help. 5er in!&rance company<! rapid gro#th #a! nece!!itating ma%ing !ome change!" $&t #hat change!' Sho&ld they add to the e)i!ting !y!tem' L&y a ne# !y!tem' She #a! gi(en the re!pon!i$ility of analy3ing the company<! information !y!tem and deciding #hat the company !ho&ld do that #o&ld gi(e them plenty of room. She #a! conf&!ed and needed help in ma%ing the correct deci!ion. 1E?. According to the deci!ion7ma%ing proce!!" the fir!t !tep Sondra !ho&ld ta%e #o&ld $e to ==============. a. analy3e alternati(e !ol&tion!. $. identify deci!ion criteria. c. e(al&ate her deci!ion<! effecti(ene!!. d. implement the cho!en alternati(e. e. identify the problem. (moderate) 1EA. According to the deci!ion7ma%ing proce!!" the !econd !tep Sondra !ho&ld ta%e #o&ld $e to ==============. a. analy3e alternati(e !ol&tion!. b. identify decision criteria. (moderate) c. e(al&ate her deci!ion<! effecti(ene!!. d. allocate #eight! to the criteria. e. identify the pro$lem. 1EC. 0he (ery la!t !tep Sondra !ho&ld ta%e" according to the deci!ion7ma%ing proce!!" #o&ld $e to ==============. a. analy3e alternati(e !ol&tion!. $. !elect alternati(e!. c. implement the alternati(e. d. identify the pro$lem. e. evaluate the decision's effectiveness. (easy) 1ED. Bhen Sondra i! con(eying her deci!ion to tho!e affected and getting their commitment to it" !he i! performing #hich !tep in the deci!ion7ma%ing proce!!' a. analy3ing alternati(e !ol&tion! $. !electing alternati(e! c. implementing the alternative (moderate) d. identifying the pro$lem e. e(al&ating the deci!ion<! effecti(ene!! 11E. Allocating #eight! to the criteria i! the !tep in the deci!ion7ma%ing proce!! that occ&r! $et#een identifying the deci!ion criteria and ==============. a. developing the alternatives. (difficult) $. !electing alternati(e!. c. implementing the alternati(e. d. identifying the pro$lem. e. e(al&ating the deci!ion<! effecti(ene!!.

05E MANAGER AS DE,ISI6N MA4ER I! the /ict&re ,lear' 8Scenario9 Sharon #a! the regional manager of a large ca$le tele(i!ion company. Daily" !he faced many pro$lem! and deci!ion! !&ch a! ho# to price each mar%et" #ho to hire" #hat %ind of technology !he !ho&ld p&rcha!e and ho# !he !ho&ld handle increa!ing c&!tomer complaint!. She needed !ome help !orting the!e i!!&e! o&t. 111. 2o& co&ld tell Sharon that i!!&e!" #hich are !traightfor#ard" #here the pro$lem i! familiar and ea!ily defined" !&ch a! ho# to handle late payment $y c&!tomer! or c&!tomer! #anting to recei(e ref&nd!" are %no#n a! ============== pro$lem!. a. ro&tine $. !tandard c. ell-structured (moderate) d. con(entional e. comple) 11*. Knfort&nately" Sharon al!o face! i!!&e! that ha(e information that i! am$ig&o&! or incomplete" !&ch a! #hat %ind of technology to p&rcha!e. 0he!e are %no#n a! ============== pro$lem!. a. poorly-structured (moderate) $. (aria$le c. random d. hit7and7mi!! e. (ag&e 113. Bhen a c&!tomer call! &p and #ant! a ref&nd for a partial month<! &!age of ca$le" the fact that !&ch !it&ation! are ro&tine and mo!t li%ely ha(e a !tandard re!pon!e" #o&ld ma%e the re!pon!e a ============== deci!ion. a. !tandard $. ro&tine c. policy d. f&ndamental e. programmed (moderate) 11:. Sometime! Sharon follo#! a =============="a !erie! of interrelated !eF&ential !tep! for re!ponding to a !tr&ct&red pro$lem. a. r&le $. policy c. procedure (moderate) d. !&gge!tion e. order 11>. Sometime! Sharon in!tr&ct! her local manager! to follo# ============== #hen confronted #ith pro$lem !it&ation!. 0he!e e!ta$li!h parameter! for the manager ma%ing the deci!ion rather than !pecifically !tating #hat !ho&ld or !ho&ld not $e done. a. r&le! $. proced&re! c. policies (moderate) d. order! e. !&gge!tion!

Deci!ion7Ma%ing ,ondition! 8Scenario9 Sandy Mo i! the manager for 0r&c%!RK!" a medi&m7!i3ed ha&ling !er(ice located in the So&thea!t. She i! re!pon!i$le for !ched&ling tr&c%!" initiating ne# ro&te!" and !taffing $oth e)i!ting and ne# ro&te!. She i! c&rrently !tr&ggling #ith e)i!ting information a$o&t the profita$ility of e)i!ting and f&t&re tr&c% ro&te!. 11?. L&$$a" Sandy Mo<! $e!t dri(er tell! her that he $elie(e! that he can e!timate that there i! a A>G pro$a$ility that they can get the $&!ine!! of /or% Lrother! Inc. if they initiate a tr&c% ro&te thro&gh r&ral North ,arolina. L&$$a i! operating &nder a condition of ==============. a. certainty. b. risk. (difficult) c. &ncertainty. d. ma)ima). e. ma)imin. 11A. Sandy Mo can ma%e acc&rate deci!ion! if !he i! #illing to pay N>"EEE for re!earch a$o&t the profita$ility of (ario&! tr&c% ro&te!. If !he pay! for the re!earch" !he $elie(e! that !he i! operating &nder a condition of ==============. a. certainty. (difficult) $. ri!%. c. &ncertainty. d. ma)ima). e. ma)imin. 11C. Sandy Mo %no#! that !he i! operating in an &ncertain en(ironment. She i! $a!ically an optimi!t" and #e #o&ld" therefore" e)pect her to follo# a ============== !trategy. a. certainty $. ri!% c. &ncertainty d. maximax (moderate) e. ma)imin 11D. Sandy Mo %no#! that !he i! operating in an &ncertain en(ironment. She i! $a!ically a pe!!imi!t" and #e #o&ld" therefore" e)pect her to follo# a ============== !trategy. a. certainty $. ri!% c. minima) d. ma)ima) e. maximin (moderate) 1*E. Sandy Mo #i!he! to minimi3e her regret and #ill pro$a$ly opt for a ============== !trategy. a. certainty. $. ri!%. c. minimax (moderate) d. ma)ima). e. ma)imin.

You might also like