Quiz 2 - Quiz 2(WK2 1 Describe the optimizing approach to decision making P.69(Points 1 1 Recognize the need for a decision 2 Establish rank and

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Unformatted text preview: Quiz 2 (WK2) 1. Describe the optimizing approach to decision making ( P.69 ). (Points: 1) 1. Recognize the need for a decision 2. Establish rank and weigh the decision criteria. 3. Gather available information and data. 4. Identify possible alternatives. 5. Evaluate each alternative with respect to all criteria. 6. Select the best alternative. 2. Describe the four barriers to effective decision making ( P.77 )? (Points: 2) 1. Complacency - The decision maker either does not see danger signs or opportunity or ignores data from the environment that would affect decision making. 2. Defensive avoidance - The decision maker denies the importance of danger, the opportunity or the responsibility for taking action. 3. Panic - Frantic attempts to solve a problem rarely product the best results. 4. Deciding to decide - Accepting the responsibility and challenge of decision making is critical to over all effectiveness. 3. A _____ is a conception defining what an individual or group regards as desirable, ( P.74 ). (Points: 1) vision contingency decision value strategy 4. Describe the five actions necessary to implement social responsibility ( P.101-102 ): 1. Examine values, short-run profits to ensure that these concepts are in tune with the values held by society. 2. Reevaluate their long-range planning and decision making processes to ensure that they fully understand the potential social consequences. 3. Seek to aid both governmental agencies and voluntary agencies in their social efforts. 4. Look at ways to help solve social problems through their own businesses....
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This note was uploaded on 06/15/2010 for the course MG 352DLB taught by Professor Joibascomb during the Spring '10 term at Park.

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Quiz 2 - Quiz 2(WK2 1 Describe the optimizing approach to decision making P.69(Points 1 1 Recognize the need for a decision 2 Establish rank and

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