A Reason-based Decision Is Characterized by Which of the Following

Managers of product geographic and functional areas C. B The decision maker is aware of all the possible alternatives.

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All of the following are characteristics of the classical decision-making model except.

. Decision making will follow a process or orderly path from problem to solution. 2 conditions of certainty. In the context of strategic management resources can be defined as.

C The decision maker cannot calculate the. C Something that an organization owns controls or has access to on a semi-permanent basis. Which type of decision-making orientation attempts to use all the organizations talents and is characterized by reason and sound judgment.

D The physical assets of the organization. Decision making refers to making choices among alternative courses of actionwhich may also include inaction. Therefore increasing effectiveness in decision making is an.

Employees machines and suppliers produce units that conform to standards. Research on personnel ratios has found that. All of the following are advantages to group decision making EXCEPT _____.

Managers of product geographic and functional areas. Choosing rationally is often characterized by the following. Not the process of applying logic.

4 limited information about alternatives and their outcomes. Always results in a favorable outcome. A situation in which a decision maker knows all of the possible outcomes of a decision and also knows the probability associated with each outcome is referred to as.

B Something that an organization owns or controls that cannot be copied. There is a lowered administrative ratio in large firms. 1 Making routine choices and judgments.

Which one of the following statements is true. A primary reason identified for the organizational design success of United Parcel Service was. All family members tend to be involved in every stage of the decision process.

7 Decisions concerning plant location distribution channels geographic coverage and market segmentation are typically made at. Which of the following is a characteristic of project-based non-equity ventures. 1 clear-cut problems and goals.

A risk averse decision maker will always prefer A to B but may prefer C to A. Control considers how much we can influence the terms of the decision and the outcome. Individual family members play only a single role in a given purchase decision.

Loss of new ideas. The ability to consider long-term consequences and make decisions that enhance our development. Which of the following is a disadvantage of equity joint.

Based on the work of Herbert A. 8 Corporate-level decisions are characterized by. Monitoring the time spent on tasks to ensure you do not try to do too many things at once.

5 all of these are characteristics of classical decision-making model. The approach to ethical behavior which proposes that human beings have certain fundamental rights that should be respected in all decisions thus avoiding interfering with the rights of others who might be affected by a particular decision or behavior is called. The CEO developing a company profile D.

Business managers interpreting the mission into operational objectives. Which of the following is specifically characterized by a focus on continuous improvement respect for people and standard work practices. Which of the following statements is true regarding decision making.

All of the following are typical reasons firms enter equity joint ventures except _____. A job generates direct and clear information about performanceB. The EMV approach and Utility theory always result in the same choice of alternatives.

A The knowledge and skills within the organization. Which of the following is not a reason for variability. Simon and proposed two concepts bounded rationality and satisficing.

Combining them creates four categories of decisions. Over time each spouse develops more specialized roles as a part of the family lifestyle and family responsibilities. The ideal decision-making orientation The basic element of decision-making that focuses on deciding the best course of action among potential solutions is called ___.

The chosen solution will be in agreement with the preferences and beliefs of the decision maker. And performance addresses the way we measure success. The assignment of a utility value of 1 to an alternative implies that alternative is preferred to all others.

Which one of the following best describes the decisions made by a person with an analytical style. Which decision-making style is characterized by a high tolerance for ambiguity and the consideration of many options together with a willingness to take risks. While it can be argued that management is decision making half of the decisions made by managers within organizations fail Ireland.

B a specific agenda and timeframe. The board of directors deriving corporate goals B. A Scientific methods provide identical decisions by different individuals for the same problems B Decisions are greatly influenced by each persons value system C Personal beliefs can be adjusted for when the scientific approach to problem solving is used D Past experience has little to do with the.

Decisions vary along two dimensions. C A local firm wants an advantage when expanding its business abroad. A The outcome will be completely irrational.

Not essential to effective learning and productive living. Superiors can dominate or intimidate the group. A job bears an impact on the lives or work of other peopleC.

A decision-making model that describes how managers actually make decisions in situations characterized by nonprogrammed decisions uncertainty and ambiguity. Not a process to a conclusion. One reason is that a person with health.

Dividing and organizing time to accomplish the most tasks in the most efficient way. There is a single best or optimal outcome. Evidence-based decision relies on _____.

Employs appropriate quantitative techniques. Question Assessment - Chapter 8Question 1According to the job characteristics model task significance is the degree to which _____A. Individuals tend to play the same role for all decisions.

6 The functional level of decision making is characterized by. A job provides the worker freedom in scheduling work and determining its procedureD. When rivals are focused on winning an argument rather than the goal of a meeting and the topics of the meeting are not discussed it is an example of _____.

3 rational choice by individual for maximizing outcomes. Making sure that the people you manage are using their time efficiently. The process of supporting a claim based on evidence.

Which of the following is an assumption of the rational model of decision making. Tyler Jones is the CEO of a medium-sized manufacturer of bedding and blankets. Its adoption of the bureaucratic model.

Making sure you have enough time to do everything you need. Rational decisions seek to optimize or maximize utility.

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