Chat with us, powered by LiveChat MGT 3301 Management question bank | Gen Paper
+1(978)310-4246 credencewriters@gmail.com
  

56.Ryan is a manager at
Dream Catchers. Dream Catchers is currently operating in an environment of high
uncertainty. As a result, Ryan will

a.

likely be making programmed decisions.

b.

probably have an easy time generating
alternatives.

c.

probably have a difficult time
generating alternatives.

d.

likely rely on the classical model of
decision making.

e.

wait until environment becomes
certain.

57. Once the desired alternative is developed, it should be

a.

analyzed.

b.

evaluated.

c.

selected.

d.

recognized.

e.

identified.

58. Which of the following refers to the willingness to undertake risk
with the opportunity to increase one’s return?

a.

Tunnel vision

b.

Risk propensity

c.

Risk averse

d.

Thrill seeking

e.

Ineffective investment philosophy

59. The ____ step in the decision making process involves using
managerial, administrative, and persuasive abilities to translate the chosen
alternative into action.

a.

recognition

b.

analysis

c.

evaluation

d.

implementation

e.

feedback

60. Feedback is important because

a.

decision making is a continuous
process.

b.

it provides decision-makers with new
information.

c.

it helps determine if a new decision
needs to be made.

d.

it provides decision-makers with new
information and it helps determine if a new decision needs to be made.

e.

all of these.

61. Genna is collecting data on how well the organization has done
since their new strategy was implemented. She is in what stage of the
managerial decision making process?

a.

The generation of alternatives

b.

Implementation of the chosen
alternative

c.

Evaluation and feedback

d.

Recognition of the decision
requirement

e.

Selection of desired alternative

62. Which style is used by people who prefer simple, clear-cut
solutions to problems?

a.

Behavioral

b.

Conceptual

c.

Directive

d.

Analytical

e.

Classical

63. Personal ____ style refers to differences among people with
respect to how they perceive problems and make decisions.

a.

risk taking

b.

behavior

c.

decision

d.

strategic

e.

analysis

64. Managers are considered as having ____ style, when they like to
consider complex solutions based on as much data as they can gather.

a.

behavioral

b.

conceptual

c.

directive

d.

analytical

e.

classical

65. Which of these styles is adopted by managers having a deep concern
for others as individuals?

a.

Behavioral

b.

Classical

c.

Analytic

d.

Logical

e.

Conceptual

66. People with a(n) ____ style usually are concerned with the personal
development of others and may make decisions that help others achieve their
goals.

a.

classical

b.

analytic

c.

logical

d.

behavioral ANS

e.

conceptual

:

67. All of the following are cognitive biases that can affect
manager’s judgment EXCEPT

a.

being influenced by initial
impressions.

b.

justifying past decisions.

c.

seeing what you don’t want to see.

d.

perpetuating the status quo.

e.

overconfidence.

68. The ability to make ____ decisions is a critical skill in today’s
fast-moving organizations.

a.

fast

b.

widely supported

c.

high-quality

d.

frequent

e.

all of these

:

69. According to Spotlight on Skills in Chapter 6, which of the
following is not an idea for applying evidence-based decision making?

a.

Demand evidence.

b.

Perform secondary research.

c.

Do a postmortem review.

d.

Balance decisiveness and humility.

e.

Practice the five whys.

:
70. Which of the following defines a technique that uses a
face-to-face group to spontaneously suggest a broad range of alternatives for
decision making?

a.

Brainstorming

b.

Groupthink

c.

Point-counterpoint

d.

Brainwriting

e.

Devil’s advocate

:
71. The ____ is the individual who is assigned the role of challenging
assumptions made by the group.

a.

group gadfly

b.

multiple advocate

c.

devil’s advocate

d.

brainstormer

e.

inferior member

72. Which of the following is a decision-making technique in which
people are assigned to express competing points of view?

a.

Point-counterpoint

b.

Devil’s advocate

c.

Debate

d.

Groupthink

e.

Brainwriting

73. The tendency of organizations to invest time and money in a
solution despite strong evidence that is not appropriate is referred to as

a.

technological decisions.

b.

collective intuition.

c.

decision learning.

d.

team delay.

e.

escalating commitment.

74. At the start of every shift, Carl, a delivery truck driver, plans
out his route based on the addresses that he will be visiting to drop off
packages. This can best be described as
what kind of decision?

a.

Programmed

b.

Nonprogrammed

c.

Wicked

d.

Administrative

e.

Intuitive

75. The four positions on the possibility of failure scale include
certainty, risk, ambiguity, and:

a.

Uncertainty

b.

Conflict

c.

Necessity

d.

Indecision

e.

Possibility

76. ________ decisions are associated with conflicts over goals and
decision alternatives, rapidly changing circumstances, fuzzy information, and
unclear links among decision elements.

a.

Nonprogrammed

b.

Programmed

c.

Wicked

d.

Conventional

e.

Irrational

77. During the fallout of the global financial crisis of the late
2000s, finance companies had to make important decisions in a highly ambiguous
environment. The decision to buyout
failed banks could best be described as what type of decision?

a.

Bounded

b.

Programmed

c.

Conventional

d.

Wicked decision problem

e.

Irrational decision

78. The growth of quantitative decision techniques that use computers
has expanded the use of which decision-making approach?

a.

Administrative

b.

Classical

c.

Intuitive

d.

Political

e.

Bureaucratic

:

79. Rodney doesn’t always realize that within his role as an air
traffic controller, he must continuously perceive and process information based
on knowledge and experience that he is not consciously aware of. This describes what type of decision-making?

a.

Administrative

b.

Right-brained

c.

Satisficing

d.

Rational

e.

Intuitive

80. The __________ model of decision-making is useful for making
nonprogrammed decisions when conditions are uncertain, information is limited,
and there are managerial conflicts about what goals to pursue or what course of
action to take.

a.

Classical

b.

Functional

c.

Bureaucratic

d.

Political

e.

Administrative

81. Jefferson Inc. is an information technology consulting firm
located in Washington D.C. Decisions at
Jefferson are complex and involve many people, with a significant amount of
disagreement and conflict. Which
decision-making model fits best for this organization?

a.

Political

b.

Functional

c.

Classical

d.

Administrative

e.

Bureaucratic

82. When managers ask questions such as “What is the state of
disequilibrium affecting us?”, they are in which stage of the managerial
decision-making process?

a.

Selection of a desired alternative

b.

Development of alternatives

c.

Diagnosis and analysis of causes

d.

Recognition of decision requirement

e.

Evaluation and feedback

83. When quality control measures at the local tire plant were found
to be inadequate, managers were asking themselves, “How did this occur?” and
“What is the result?” The company is in
which stage of the managerial decision-making process?

a.

Selection of a desired alternative

b.

Development of alternatives

c.

Diagnosis and analysis of causes

d.

Recognition of decision requirement

e.

Evaluation and feedback

84. Research has identified four major decision styles. These include all of the following EXCEPT:

a.

Behavioral

b.

Conceptual

c.

Analytical

d.

Authoritative

e.

Directive

85. Finance managers at Big Bend Inc. made a financial blunder when
they solely looked at the previous year’s sales to estimate sales for the
coming year. This is an example of which
management bias?

a.

Being influenced by emotions

b.

Perpetuating the status quo

c.

Seeing what you want to see

d.

Justifying past actions

e.

Being influenced by initial
impressions

86. When managers base decisions on what has worked in the past and
fail to explore new options, they are:

a.

Perpetuating the status quo

b.

Being influenced by emotions

c.

Being overconfident

d.

Justifying past actions

e.

Seeing what they want to see

87. As a top manager, Joanna works with others within her team every
day in making important corporate decisions.
Her preferred decision-making approach is to generate as many
alternatives to problems as possible in a short amount of time. This approach is referred to as:

a.

Groupthink

b.

Devil’s advocacy

c.

Point-counterpoint

d.

Escalating commitment

e.

Brainstorming

88. __________refers to the tendency of people in groups to suppress
contrary opinions.

a.

Point-counterpoint

b.

Groupthink

c.

Devil’s advocacy

d.

Escalating commitment

e.

Brainstorming

error: Content is protected !!