Chapter 06 Self Study Quiz Self-Study Quiz This activity contains 25 questions. The set of eight steps that begins with identifying a problem and decision criteria and allocating weights to those criteria is called the _____. programmed decision decision-making process structured problem directive style In the decision-making process, once alternatives have been identified, a decision maker must analyze each one by evaluating it against _____. heuristics risks nonprogrammed decisions decision criteria The last step of the decision-making process involves _____. selecting an alternative identifying decision criteria evaluating decision effectiveness identifying a problem Because of limitations on coming up with the "best" alternative, managers frequently pursue alternatives that they consider to be "good enough." This is known as _____. satisficing bounded rationality rationality certainty A waitress spills a drink on a customer and the manager immediately offers to pay to dry-clean the customer's jacket. This problem and solution are fairly routine and straightforward. This is an example of a _____. nonprogrammed decision unstructured problem programmed decision bounded rationality In the case of _____, the goal of the decision maker is clear, the problem is familiar, and information about the problem is easily defined and complete. structured problems intuitive decision making unstructured problems bounded rationality Which of the following is an example of a policy? Employees must clock out before taking lunch breaks. Employees may not smoke inside the building. Employee wages will be competitive within community standards. Employees requesting vacation time must submit the appropriate form at least three weeks prior to the beginning of the requested vacation period. Under conditions of _____, the choice of alternative is influenced by the limited amount of information available to the decision maker and by the psychological orientation of the decision maker. certainty uncertainty risk intuition Individuals with a(n) _____ management style tend to be very broad in their outlook and look at many alternatives. They focus on the long run and are very good at finding creative solutions to problems. directive analytic conceptual behavioral Which of the following is NOT one of the habits of highly reliable organizations, as described by Karl Weick? They defer to experts on the front line. They let unexpected circumstances provide the solution. They reject uncertainty. They are not tricked by their successes. The overall quality of managerial decisions has no appreciable influence on whether an organization succeeds or fails. True False All organizational members make decisions that affect their jobs and the organization they work for. True False Problem identification is objective. True False Rational managerial decision making assumes that decisions are made in the best interests of the organization. True False Most decisions that managers make fit the assumptions of perfect rationality. True False Procedures, rules, and policies are examples of nonprogrammed decisions. True False Problems confronting managers usually become more unstructured as they move up the organizational hierarchy. True False The ideal situation for making decisions is one of uncertainty. True False Most managers have characteristics of more than one decision-making style. True False Heuristics can be useful to decision makers because they increase the complexity of a problem. True False Managers at all levels and in all areas of organizations make decisions. What kinds of decisions to different members of an organization have to make at different levels within the organization? To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end. Identify and discuss the necessary conditions for rational decision making. To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end. Define escalation of commitment. Why would decision makers want to escalate commitment to a bad decision? To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end. Differentiate between structured problems and unstructured problems. How do managers deal with each of these kinds of situations? To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end. Identify and discuss three decision-making biases and errors. To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end.