robbins_mgmt10_tb_06

2019-05-18 21:58

Management, 10e (Robbins)

Chapter 6 Managers as Decision Makers

1) Problem identification is purely objective. Answer: FALSE

Diff: 2 Page Ref: 121

Topic: The Decision-Making Process

2) The second step in the decision-making process is identifying a problem. Answer: FALSE

Diff: 1 Page Ref: 122

Topic: The Decision-Making Process

3) A decision criterion defines what is relevant in a decision. Answer: TRUE

Diff: 2 Page Ref: 122

Topic: The Decision-Making Process

4) The fourth step of the decision-making process requires the decision maker to list viable alternatives that could resolve the problem. Answer: TRUE

Diff: 1 Page Ref: 123

Topic: The Decision-Making Process

5) Once the alternatives have been identified, a decision maker must analyze each one.

Answer: TRUE

Diff: 2 Page Ref: 123

Topic: The Decision-Making Process

6) The step in the decision-making process that involves choosing a best alternative is termed implementation. Answer: FALSE

Diff: 2 Page Ref: 123

Topic: The Decision-Making Process

7) Making decisions is with the essence of management. Answer: TRUE

Diff: 1 Page Ref: 120 Topic: Decision-Making Styles

8) Managerial decision making is assumed to be rational.

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Copyright ? 2009 Pearson Education, Inc. Publishing as Prentice Hall

Answer: TRUE

Diff: 2 Page Ref: 124 Topic: Decision-Making Styles

9) One assumption of rationality is that we cannot know all of the alternatives. Answer: FALSE

Diff: 3 Page Ref: 124 Topic: Decision-Making Styles

10) Managers tend to operate under assumptions of bounded rationality. Answer: TRUE

Diff: 2 Page Ref: 125 Topic: Decision-Making Styles

11) Studies of the events leading up to the Challenger space shuttle disaster point to an escalation of commitment by decision makers. Answer: TRUE

Diff: 2 Page Ref: 126 Topic: Decision-Making Styles

12) Managers regularly use their intuition in decision making. Answer: TRUE

Diff: 1 Page Ref: 126 Topic: Decision-Making Styles

13) Rational analysis and intuitive decision making are complementary. Answer: TRUE

Diff: 2 Page Ref: 126 Topic: Decision-Making Styles

14) Programmed decisions tend to be repetitive and routine. Answer: TRUE

Diff: 1 Page Ref: 127

Topic: Types of Decisions and Decision-Making Conditions

15) Rules and policies are basically the same. Answer: FALSE

Diff: 2 Page Ref: 128

Topic: Types of Decisions and Decision-Making Conditions

16) A policy is an explicit statement that tells a manager what he or she ought or ought not to do.

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Copyright ? 2009 Pearson Education, Inc. Publishing as Prentice Hall

Answer: FALSE

Diff: 2 Page Ref: 128

Topic: Types of Decisions and Decision-Making Conditions

17) The solution to nonprogrammed decision making relies on procedures, rules, and policies.

Answer: FALSE

Diff: 2 Page Ref: 128

Topic: Types of Decisions and Decision-Making Conditions

18) Most managerial decisions in the real world are fully nonprogrammed. Answer: FALSE

Diff: 1 Page Ref: 128

Topic: Types of Decisions and Decision-Making Conditions

19) The ideal situation for making decisions is low risk. Answer: FALSE

Diff: 2 Page Ref: 129

Topic: Types of Decisions and Decision-Making Conditions

20) Risk is the condition in which the decision maker is able to estimate the likelihood of certain outcomes. Answer: TRUE

Diff: 1 Page Ref: 129

Topic: Types of Decisions and Decision-Making Conditions

21) Risk is a situation in which a decision maker has neither certainty nor reasonable probability estimates. Answer: FALSE

Diff: 3 Page Ref: 129

Topic: Types of Decisions and Decision-Making Conditions

22) Most managers have characteristics of linear thinking style decision makers. Answer: FALSE

Diff: 2 Page Ref: 131

Topic: Types of Decisions and Decision-Making Conditions

23) According to the boxed feature, \employees tend to make decisions faster than a homogeneous group of employees. Answer: FALSE

Diff: 2 Page Ref: 132 Topic: Decision-Making Styles

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Copyright ? 2009 Pearson Education, Inc. Publishing as Prentice Hall

Skill: AACSB: Multicultural and Diversity

24) The anchoring effect describes when decision makers fixate on initial

information as a starting point and then, once set, they fail to adequately adjust for subsequent information. Answer: TRUE

Diff: 2 Page Ref: 133 Topic: Decision-Making Styles

25) The availability bias describes when decision makers try to create meaning out of random events. Answer: FALSE

Diff: 2 Page Ref: 134 Topic: Decision-Making Styles

26) The sunk cost error is when decision makers forget that current choices cannot correct the past. Answer: TRUE

Diff: 2 Page Ref: 134 Topic: Decision-Making Styles

27) Today's business world revolves around making decisions, usually with complete or adequate information, and under minimal time pressure. Answer: FALSE

Diff: 3 Page Ref: 135

Topic: Effective Decision Making in Today's World

28) Managers need to understand cultural differences to make effective decisions in today's fast-moving world. Answer: TRUE

Diff: 2 Page Ref: 135

Topic: Effective Decision Making in Today's World Skill: AACSB: Multicultural and Diversity

29) Highly reliable organizations (HROs) are easily tricked by their success. Answer: FALSE

Diff: 1 Page Ref: 136

Topic: Effective Decision Making in Today's World

30) Decision making is typically described as ________, which is a view that is too simplistic.

A) deciding what is correct

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Copyright ? 2009 Pearson Education, Inc. Publishing as Prentice Hall

B) putting preferences on paper C) choosing among alternatives

D) processing information to completion Answer: C

Diff: 2 Page Ref: 121

Topic: The Decision-Making Process

31) A series of eight steps that begins with identifying a problem and concludes with evaluating the decision's effectiveness is the ________. A) decision-making process B) managerial process C) maximin style

D) bounded rationality approach Answer: A

Diff: 1 Page Ref: 121

Topic: The Decision-Making Process

32) ________ is the existence of a discrepancy between an existing and a desired state of affairs. A) An opportunity B) A solution C) A weakness D) A problem Answer: D

Diff: 1 Page Ref: 121

Topic: The Decision-Making Process

33) In identifying the problem, a manager ________.

A) compares the current state of affairs with where they would like to be B) expects problems to be defined by neon lights C) looks for discrepancies that can be postponed

D) will not act when there is pressure to make a decision Answer: A

Diff: 1 Page Ref: 122

Topic: The Decision-Making Process

34) Which of the following statements is true concerning problem identification? A) Problems are generally obvious.

B) A symptom and a problem are basically the same.

C) Well-trained managers generally agree on what is considered a problem.

D) The problem must be such that it exerts some type of pressure on the manager to act.

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Copyright ? 2009 Pearson Education, Inc. Publishing as Prentice Hall


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