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Decision making begins with _________________ Selecting alternatives Identifying decision criteria Identifying a problem Eliminating false alternatives To identify a problem, a manager ________ Compares one
- Decision making begins with _________________
- Selecting alternatives
- Identifying decision criteria
- Identifying a problem
- Eliminating false alternatives
- To identify a problem, a manager ________
- Compares one set of standards or goals to a second set of standards or goals
- Looks for unhappy customers
- Uses intuition to see things that don't look right
- Compares the current state of affairs with some standard or goal
- A manager is considering purchasing new computers for her department. The manager spends time assessing the computers her department now has. Which stage of the decision-making process is she going through?
- Identification of a problem
- Identification of decision criteria
- Development of alternatives
- Implementation of an alternative
- Which of the following is LEAST likely to be a decision criterion for a high-tech bicycle buyer who cares primarily about performance?
- Warranty
- Gear mechanism
- Frame composition
- Brake assembly
- What is a heuristic?
- A complicated and systematic method of decision making
- A purely intuitive method of decision making
- A totally unreliable method of decision making
- A shortcut or rule of thumb that is used for decision making
- Which model of decision making takes advantage of unconscious reasoning?
- Rational
- Nonrational
- Intuitive
- Factual
- Planning is concerned with _______
- Both ends and means
- Ends only
- Means only
- Neither ends nor means
- In formal planning, _______
- Specific goals covering a period of years are defined
- To maximize flexibility, specific goals are never spelled out
- Very broad general goals are never spelled out
- Goals may be written or unwritten
- Managers who fail to plan may _______
- Take advantage of change
- Stimulate change
- Be positively affected by change
- Be adversely affected by change
- A mission statement includes identification of an organization's __________
- Strengths and weaknesses
- Purpose and basic philosophy
- Assets and resources
- Resources and strength
short question:
- what is a SWOT analysis and why is it important?
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