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MGMT Chapter 15 Quiz
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Questions in this quiz (13)
1Which of the following is the last step in the rational decision-making process?
- Aidentifying the objectives and goals
- Bconsidering possible courses of action
- Cdefining a problem or opportunity
- Dchoosing the optimal decision
2Which of the following statements describes bounded rationality?
- AInsights that are tapped through intuition and are not always fully understood by the decision maker
- BThe process of identifying issues and making choices from alternative courses of action
- CThe act of choosing a solution that is good enough
- DA set of constraints that tend to complicate the rational decision-making process
3Satisficing refers to:
- Athe act of making decisions within a set of constraints.
- Bthe act of making decisions based on a certain starting point.
- Cthe act of choosing a solution that is good enough.
- Dthe act of making simple and irrational decisions.
4Under ______, individuals have information related to an organization's objectives and priorities, but they do not have complete information about alternative courses of action or about the possible outcomes for each one.
- Aconditions of satisficing
- Bconditions of risk
- Cconditions of uncertainty
- Dconditions of certainty
5Which of the following heuristics contends that individuals make estimates or choices based on a certain starting point?
- Aavailability
- Brepresentativeness
- Cconfirmation
- Dadjustment
6Which of the following best describes framing?
- AAlternative presentations of the same information that can significantly alter a decision
- BThe tendency to favor the "here and now" and to reject potential change
- CShort-cuts that individuals use to save time when making complex decisions
- DThe act of choosing a solution that is good enough in situations that are characterized by uncertainty and risk
7Which of the following refers to the tendency to favor the "here and now" and to reject potential change?
- Abounded rationality
- Bframing
- Cstatus quo bias
- Dsatisficing
8______ refers to the process of making decisions based on societal norms or expectations.
- Abounded rationality
- Bintuitive decision making
- Cappropriateness framework
- Descalation of commitment
9Decisions that are made in response to novel, poorly defined situations that require managers to use their best judgements are referred to as __________ decisions.
- Asuboptimal
- Bnonprogrammed
- Cstructured
- Dirrational
10Which of the following statements about programmed decisions is true?
- AProgrammed decisions generally require a manager to execute.
- BProgrammed decisions are made in response to recurring organizational problems.
- CProgrammed decisions are usually made under conditions of risk and uncertainty.
- DProgrammed decisions typically require social consensus.
11The _______ model of decision making acknowledges that managers may be unable to make economically rational decisions even if they want to because they lack sufficient information on which to base their decisions.
- Agarbage can
- Badministrative
- Cclassical
- Dpolitical
12The _____ model of decision making acknowledges that most organizational decisions involve many managers who have different goals and who have to share information to reach an agreement.
- Apolitical
- Bclassical
- Cgarbage can
- Dadministrative
13While preparing for tough calls using SCRIPTS process, managers should first:
- Afind the causes.
- Bsolve the problem.
- Cconsider the time frame.
- Dsearch for signals of threats.
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- ---- MGMT Quiz on MGMT Chapter 15 Quiz, created by Emily Amos on 17/11/2015.
- Author
- Emily Amos
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- English
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