BUMG1110-Flashcard-Week 5

BUMG1110-Flashcard-Week 5

Assessment

Flashcard

Business

12th Grade

Practice Problem

Easy

Created by

Rayees Farooq

Used 2+ times

FREE Resource

Student preview

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18 questions

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1.

FLASHCARD QUESTION

Front

What is the role of a manager as a decision maker?

Back

To illustrate the decision-making process and make choices from alternatives.

2.

FLASHCARD QUESTION

Front

What is decision-making?

Back

Making a choice from two or more alternatives.

3.

FLASHCARD QUESTION

Front

What are the steps in the decision-making process?

Back

1. Identifying a problem and decision criteria. 2. Developing, analyzing, and selecting an alternative. 3. Implementing the selected alternative. 4. Evaluating the decision’s effectiveness.

4.

FLASHCARD QUESTION

Front

What are structured problems?

Back

Problems that are familiar, straightforward, and clear with respect to information needs.

5.

FLASHCARD QUESTION

Front

What are programmed decisions?

Back

Routine, virtually automatic decision making that follows established rules or guidelines.

6.

FLASHCARD QUESTION

Front

What are unstructured problems?

Back

Difficulties introduced to an organization when facing unusual situations with unique solutions.

7.

FLASHCARD QUESTION

Front

What are non-programmed decisions?

Back

Non-routine decisions made in response to unusual or novel situations.

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