WorksheetsReview of Managerial Decision Making
Total questions: 5
Worksheet time: 3mins
Name
Class
Date
1.
Decision making begins with ________.
a)
selecting alternatives
b)
identifying a problem
c)
identifying decision criteria
d)
eliminating false alternatives
2.
Which term best characterizes a decision that has bounded rationality?
a)
Virtually perfect
b)
Not good enough
c)
Just good enough
d)
Rigorous and comprehensive
3.
Which of the following is NOT a type of programmed decision?
a)
Rule
b)
Policy
c)
Procedure
d)
Brainstorm
4.
In a condition of certainty, ________.
a)
most outcomes are known
b)
the decision is already made
c)
some alternatives are not known
d)
all outcomes of all alternatives are known
5.
Groups decisions are usually ________ individual decisions.
a)
less efficient than
b)
more efficient than
c)
equal in efficiency to
d)
more efficient but less effective than
100 %
