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Quiz

Fundamentals of Management Chapter 3

sonia yu 23 Fragen

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  1. 1How do you know a decision is a good decision?
    1. Aby the outcome
    2. Bby the process
    3. Cby the outcome and the process
    4. Dby the outcome and results
  2. 2Using the right decision-making process increases the likelihood of a desirable outcome, which is defined as __________________________.
    1. Aone that costs the least amount of money to implement
    2. Bone that highlights strengths
    3. Cone that can be implemented easily
    4. Done that solves a problem
  3. 3Which of the following shows the correct sequence of the decision-making process?
    1. Aidentify problem…develop alternatives…analyze alternatives…select an alternative…implement alternative
    2. Bidentify problem…develop alternatives…analyze alternatives…select an alternative…implement alternative…evaluate decision-making effectiveness
    3. Cidentify problem…identify decision criteria…allocate weights to criteria…develop alternatives…analyze alternatives…select alternative…implement alternative…evaluate decision-making effectiveness
    4. Didentify problem…allocate weights to criteria…identify decision criteria…develop alternatives…analyze alternatives…select alternative…implement alternative…evaluate decision effectiveness
  4. 4Deciding how many employees should be in a certain department is an example of a decision in which of the four management functions?
    1. Aplanning
    2. Borganizing
    3. Cleading
    4. Dcontrolling
  5. 5Suppose a decision to buy a car came down to four key decision criteria: cost, size, environmental impact, and engine quality. If cost were weighted the highest factor, it would be because ___________________.
    1. Acost is easier to quantify than the other criteria
    2. Bcost is the only financial criterion
    3. Cit was the least important criterion
    4. Dit was the highest priority criterion
  6. 6At UPS, business was strong but profits were down, leading managers to look for ways to increase profits from existing operating income. At this point, the managers of UPS are at the __________ step in the decision-making process, which is ____________.
    1. Afirst; identifying the problem
    2. Bsecond; identifying decision criteria
    3. Cthird; developing alternatives
    4. Dfifth; selecting an alternative
  7. 7If Terry uses the eight-step decision-making model, he will _____________.
    1. Aselect the least expensive alternative
    2. Bselect the alternative with the highest score
    3. Cselect the first alternative that meets all his criteria
    4. Dselect the first alternative that meets the majority of his criteria
  8. 8When determining decision criteria, ____________.
    1. Athe decision-team members should be surveyed for their opinions on what to include
    2. Bonly the three criteria that would have the most significant impact on the outcome should be included
    3. Cno more than five criteria should be included
    4. Dwhat is not included can be as important as what is included
  9. 9Our human limits in processing information can be associated most directly with which of the following?
    1. Abounded awareness
    2. Bbounded ethicality
    3. Cbounded rationality
    4. Dbounded self-interest
  10. 10Which of the following is not an advantage of group decision making?
    1. Adecreased time to make a decision
    2. Ba wider diversity of alternatives
    3. Cdecisions that are supported by a larger number of people
    4. Dmore complete information and knowledge

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Beschreibung
Business/Economics Quiz am Fundamentals of Management Chapter 3, erstellt von sonia yu am 13/10/2020.
Sprache
English
Aufrufe
21
Schlagwörter
business/economics
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