Ch10 - Ch.10 Multiple Choice Identify the choice that best...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Ch.10 Multiple Choice Identify the choice that best completes the statement or answers the question. 1. Intuition would be a major part of the input for a manager making what kind of decision? a. programmed b. rational c. breakeven point d. nonprogrammed 2. An effective decision is timely, acceptable to the individuals affected by it, and: a. efficient b. achievable c. specific d. meets the desired objective 3. The rational model of decision making assumes: a. preferences of the decision maker are incon- sistent b. that all possible alternatives can't be known to decision makers c. that outcomes can't be optimized d. that the decision maker can calculate the prob- ability of success for alternatives 4. Under the bounded rationality model of problem solving and decision making: a. managers follow statistical rules for decision making b. managers critically view the world as com- plex and multivariate c. managers generate a wide array of decision options and select the one that meets all de- cision criteria d. managers are comfortable making decisions without identifying all options 5. An important element of the bounded rationality model is: a. certainty b. satisficing c. unlimited information search d. optimizing 6. Which decision-making model is the most realistic in portraying the managerial decision process? a. rational b. garbage can c. bounded rationality d. incremental
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
7. Continuing to support a failing course of action is known as: a. the theory of sunk costs b. stubbornness c. conflicted reason theory d. e scalation of commitment 8. Research indicates that women are: a. less averse to risk than men b. more averse to risk than men
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 5

Ch10 - Ch.10 Multiple Choice Identify the choice that best...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online