week4quiz - Name: _ Class: _ Date: _ ID: A MT2050 Week 4...

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Name: ________________________ Class: ___________________ Date: __________ ID: A 1 MT2050 Week 4 Quiz Chapter 6 Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. ____ 1. Which of these refers to the process of identifying problems and then resolving them? a. organizing b. controlling c. decision making d. planning e. leading ____ 2. ____ decisions are made in response to recurring organizational problems. a. Nonprogrammed b. Simple c. Complex d. Programmed e. Real ____ 3. Which of the following is an example of a nonprogrammed decision? a. the decision to reorder supplies b. the decision to develop a new product or service c. the decision to perform routine maintenance on one of the machines in manufacturing d. the decision to terminate an employee for violation of company rules e. the decision to hire a temporary worker to fill a vacant position ____ 4. ____ decisions usually involve situations that are unique and often poorly defined. a. Nonprogrammed b. Simple c. Complex d. Programmed e. Real ____ 5. The choice that Wal-Mart, the world's largest retailer, made when it decided to establish a loan company to help it reduce credit card processing costs was: a. nonprogrammed b. simple c. complex d. programmed e. real ____ 6. Managers try to obtain information about decisions' alternatives that will reduce decision: a. sureness b. uncertainty c. trust d. certainty e. conviction
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Name: ________________________ ID: A 2 ____ 7. While other athletic shoe manufacturers have continued to target the same markets, Reebok has chosen to target children to increase its sales. According to financial experts, "Uncertainty over Reebok's overall strategic direction explains why the company's stocks were trading at a much lower rate than its competitors." The statement suggests that Reebok's managers: a. have all the information they need to succeed in the new market they have chosen b. know which goals they want to achieve, but their information about the future is incomplete c. decision will produce the desired results d. have no idea what corporate objectives have been set for them e. are able to ignore environmental trends ____ 8. Statistical analyses are useful for decision making under conditions of: a. certainty b. ambiguity c. risk d. uncertainty e. conflict ____ 9. ____ means that the goals to be achieved or the problem to be solved are unclear, alternatives are difficult to define, and information about outcomes is unavailable. a.
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This note was uploaded on 01/06/2012 for the course MGT 2010 taught by Professor Edwun during the Spring '11 term at Utah State University.

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week4quiz - Name: _ Class: _ Date: _ ID: A MT2050 Week 4...

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