Fundamentals of Management Chapter 3

How do you know a decision is a good decision?

Using the right decision-making process increases the likelihood of a desirable outcome, which is defined as __________________________.

Which of the following shows the correct sequence of the decision-making process?

Deciding how many employees should be in a certain department is an example of a decision in which of the four management functions?

Suppose 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 ___________________.

At 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 ____________.

If Terry uses the eight-step decision-making model, he will _____________.

When determining decision criteria, ____________.

Our human limits in processing information can be associated most directly with which of the following?

Which of the following is not an advantage of group decision making?

Because Landon consistently met his production goals, his boss decided to ignore the negative comments from his subordinates and co-workers and focus on the fact that Landon always met his goals. This is an example of ________.

Rational decision-making works best when _______________.

Marika needed to fill a position that had been open for several weeks. She knew what her perfect candidate would be like but so far no one had met her standards. With time running out, she hired the first candidate who minimally fulfilled her requirements. What decision-making method did Marika use?

Decision making practices differ from country to country due to ______________.

Research finds that the potential for creativity is enhanced when individuals have abilities, knowledge, proficiencies, and ______________.

Which of the following could impede creativity?

Design thinking differs from rational analysis due to the use of ____________.

One IT expert described big data with 3V’s: volume, velocity, and/or ______ information assets.

“The needs of the many outweigh the needs of the few, and the one” (Spock, Star Trek). This quotation is an example of which view of ethics?

A company that surpasses the minimum use of wastewater standards set by the federal government by 1 percent is following which approach to corporate social responsibility (CSR)?

A Canadian company that manufactures rain gear in its plant in New Brunswick begins to outsource production to Vietnam. The wages earned in Vietnam are much lower than those in Canada, and many Vietnamese workers live below the poverty line. The Canadian company is following which view of ethics?

A company with a whistle-blower policy that protects the identity of employees who report ethical violations is following which of the four views of ethics?

3BL—or the triple bottom line—is most directly associated with which view of ethics?