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What kind of thinking is needed on the part of managers when performing strategic decision-making? Question 1 options: a) Conservative thinking b) Liberal thinking c)
What kind of thinking is needed on the part of managers when performing strategic decision-making? Question 1 options: a) Conservative thinking b) Liberal thinking c) Out-of-the-box thinking d) Stay within the lines of thinking Question 2 (1 point) Which of the following statements is TRUE regarding strategic decision-making? Question 2 options: a) Strategic decision-making is the same as making any other decision, as both can increase the company's bottom line and profits. b) Strategic decision-making is different from making other decisions because a company can only grow exponentially with strategic decisions. c) Strategic-decision making are decisions made by those employees who are being trained to become the future leaders of their companies. d) Strategic decision-making is different from making other decisions because it affects the company's ability to accomplish its mission. Question 3 (1 point) Which of the following is a quantitative decision-making method? Question 3 options: a) Decision flower b) Decision tree c) Decision calendar d) Decision meeting Question 4 (1 point) What is the main purpose of the quantitative approach to decision-making? Question 4 options: a) To make an optimal decision using mathematical and statistical models b) To make an optimal decision using negotiation tactics c) To make
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