DECISION MAKING

1. Which of the following is a solution that is chosen from among alternatives?

• A. Decision- making

• B. Problem

• C. Uncertainty

• D. Decision

1. ________ are decision made in routine, repetitive, well-structured situations through the use of predetermined decision rules.

• A. Programmed decisions

• B. Non-programmed decisions

• C. Decision making

• D. Complicated decision

Аmong the listed decisions, find a non- programmed decision

• procedure for the payment of bonuses

• a selection of freight routes for product deliveries

• a selection of a new manager from candidates using job interview

• develop a new product or service

A common reason for poor decisions is that managers fail to specify the criteria that are important for making that particular decision.

• True

• False

What is the first step in the decision-making process in management?

• Make a random decision

• Identify the problem or opportunity

• Ignore the problem

• Ask someone else to make the decision

Amran want to buy a house. He collects the local real estate market data and financial data. Based on the data, he develop some cases, such as buying a small house close to the downtown or buying a bigger house in a suburb area. After making cases, it is time to predict what happens in each case. If he buys a house in a suburb, he has more room, access to nature, more friendly community, but the house appreciation will probably not be too much. In the other case, he might have a smaller house, access to more restaurants and nightlife events, and his house will appreciate significantly in the current market. This refer to which decision making situation

• Risk

• Uncertainty

• Certainty

• Ambiguity

A man lost his job and is unable to pay his rent. Because of this, he makes the choice to steal money from the local convenience store. In this situation, the man makes decision under _______situation whereby he already knew the potential of the outcome.

• certainty

• risk

• uncertainty

• ambiguity

What will you do after making the final decision?

• Play outside

• Talk to my friends about it

• Put it into action

Our decision today can affect our situation in the future.

• True

• False

To solve a problem you must first:

• analyse the rpoblem

• generate potential solutions

• take action

• define the problem