BA 304 Quiz 2 With Correct Answers
Problem exists whenever _____________________________________. -
| | | | |
CORRECT ANSWER✔✔-objectives are not being met
| | | | |
___________________ is the process of taking corrective action to meet | | | | | | | | | |
objectives. - CORRECT ANSWER✔✔-Problem solving
| | | |
_____________________ is the process of selecting a course of action that will | | | | | | | | | | | |
solve a problem. - CORRECT ANSWER✔✔-Decision making
| | | | | |
A ________________ decision maker likes to make quick decisions without taking
| | | | | | | | | |
the time to get the information that may be needed and without considering
| | | | | | | | | | | | | |
many alternatives. - CORRECT ANSWER✔✔-reflexive
| | | |
A ______________ decision maker likes to take plenty of time to make decisions,
| | | | | | | | | | | | |
gathering considerable information and analyzing several alternatives. - CORRECT
| | | | | | | | |
ANSWER✔✔-reflective
A _______________ decision maker will tend to make decisions without either
| | | | | | | | | | |
rushing or wasting time. They know when they have enough information and
| | | | | | | | | | | |
alternatives to make a sound decision. - CORRECT ANSWER✔✔-consistent
| | | | | | | |
The decision-making model:
| |
Step 1: _______________________ the problem or opportunity
| | | | | |
, Step 2: _____________________________
| |
Step 3: ______________________________
| |
Step 4: _______________________ and select the most feasible
| | | | | | |
Step 5: ________________________ the decision
| | | |
Step 6: __________________________ - CORRECT ANSWER✔✔-classify and
| | | | | | |
define, set objectives and criteria, generate creative and innovative alternatives,
| | | | | | | | | |
analyze alternatives, plan and implement, and control the decision
| | | | | | | |
Peter's father owns and runs a profitable hardware store. However, due to his
| | | | | | | | | | | | |
sudden illness, he asks Peter to take over and maintain the family business. How
| | | | | | | | | | | | | |
should Peter classify this opportunity? - CORRECT ANSWER✔✔-nonprogrammed,
| | | | | | | |
risk
_________________ decisions are those that arise in recurring or routine| | | | | | | | | |
situations; you should use decision rules or organizational policies and procedures
| | | | | | | | | |
to make the decision. - CORRECT ANSWER✔✔-Programmed
| | | | | | |
_____________________ decisions are significant decisions that arise in | | | | | | | |
nonrecurring and non-routine situations, you should use the decisions-making
| | | | | | | | |
model. - CORRECT ANSWER✔✔-Non-programmed
| | |
The three decision making conditions are ________________,
| | | | | | |
_________________, and ________________. - CORRECT ANSWER✔✔-certainty, | | | | | |
risk, and uncertainty
| |
Problem exists whenever _____________________________________. -
| | | | |
CORRECT ANSWER✔✔-objectives are not being met
| | | | |
___________________ is the process of taking corrective action to meet | | | | | | | | | |
objectives. - CORRECT ANSWER✔✔-Problem solving
| | | |
_____________________ is the process of selecting a course of action that will | | | | | | | | | | | |
solve a problem. - CORRECT ANSWER✔✔-Decision making
| | | | | |
A ________________ decision maker likes to make quick decisions without taking
| | | | | | | | | |
the time to get the information that may be needed and without considering
| | | | | | | | | | | | | |
many alternatives. - CORRECT ANSWER✔✔-reflexive
| | | |
A ______________ decision maker likes to take plenty of time to make decisions,
| | | | | | | | | | | | |
gathering considerable information and analyzing several alternatives. - CORRECT
| | | | | | | | |
ANSWER✔✔-reflective
A _______________ decision maker will tend to make decisions without either
| | | | | | | | | | |
rushing or wasting time. They know when they have enough information and
| | | | | | | | | | | |
alternatives to make a sound decision. - CORRECT ANSWER✔✔-consistent
| | | | | | | |
The decision-making model:
| |
Step 1: _______________________ the problem or opportunity
| | | | | |
, Step 2: _____________________________
| |
Step 3: ______________________________
| |
Step 4: _______________________ and select the most feasible
| | | | | | |
Step 5: ________________________ the decision
| | | |
Step 6: __________________________ - CORRECT ANSWER✔✔-classify and
| | | | | | |
define, set objectives and criteria, generate creative and innovative alternatives,
| | | | | | | | | |
analyze alternatives, plan and implement, and control the decision
| | | | | | | |
Peter's father owns and runs a profitable hardware store. However, due to his
| | | | | | | | | | | | |
sudden illness, he asks Peter to take over and maintain the family business. How
| | | | | | | | | | | | | |
should Peter classify this opportunity? - CORRECT ANSWER✔✔-nonprogrammed,
| | | | | | | |
risk
_________________ decisions are those that arise in recurring or routine| | | | | | | | | |
situations; you should use decision rules or organizational policies and procedures
| | | | | | | | | |
to make the decision. - CORRECT ANSWER✔✔-Programmed
| | | | | | |
_____________________ decisions are significant decisions that arise in | | | | | | | |
nonrecurring and non-routine situations, you should use the decisions-making
| | | | | | | | |
model. - CORRECT ANSWER✔✔-Non-programmed
| | |
The three decision making conditions are ________________,
| | | | | | |
_________________, and ________________. - CORRECT ANSWER✔✔-certainty, | | | | | |
risk, and uncertainty
| |
