MGT103_Chapter 4.1_HiepTH9

The process of choosing one alternative from among a set of alternatives is called _____.

• rational ignorance

• altruism

• bounded rationality

• decision making

• groupthink

Which of the following statements is true about the decision-making process?

• It exclusively applies to problem situations

• It requires that the nature of a particular situation be defined.

• It seldom applies to situations that are positive

• It typically involves only one individual and seldom applies to groups

• It results in the generation of only one alternative

Ryan, the production manager at the Tan Shoes Company, chose the cheapest leather-cutting machine from a set of five machines from different manufacturers. Ryan was engaged in _____.

• decision making

• optimizing

• rationalizing

• brainstorming

• social loafing

Which of the following statements is true about the process of decision making?

• It ends when the decision situation has been defined

• It includes putting the chosen alternative to practice

• The first step in the process is to identify alternatives to a problem

• The process is said to be complete when a set of alternatives to a problem has been created

• In a business scenario, the decision-making process is always aimed at finding a way to increase profits

A(n) _____ decision is a decision that is relatively structured or recurs with some frequency (or both).

• custom-made

• novel

• unstructured

• intuitive

• programmed

Decisions regarding standard organizational transactions are most likely to be _____ decisions.

• unstructured

• infrequent

• programmed

• intuitive

• irrational

Nutrimax Inc. sponsors a football championship in Oriel in August every year. The championship is organized by the Oriel Football Association (OFA) to encourage new talent, and Nutrimax bears all the expenses incurred during the championship. The Oriel regional manager of Nutrimax sends across a check to the OFA in July of each year in order for them to prepare for the championship. The regional manager's decision about when to send the check to OFA is a(n) _____ decision.

• programmed decision

• unstructured decision

• contingency decision

• intuitive decision

• satisficing decision

When the inventory manager of Cuisine Royale, a restaurant, decides to order a batch of brown bread because the stock is almost empty, she's making a(n) _____ decision.

• programmed

• unstructured

• intuitive

• irrational

• strategic

A nonprogrammed decision:

• is relatively more frequent that programmed decisions

• is highly structured

• requires more time and resources than programmed decisions

• is typically regarding daily organizational transactions

• typically applies to basic operating systems and procedures

Decisions made by top managers involving strategy, such as signing mergers or making acquisitions, are examples of _____ decisions

• frequent

• nonprogrammed

• structured

• operational

• programmed