What is a critical analysis of two preferred alternatives to find an even better alternative for the organization to adopt? The critical analysis of a preferred alternative, which challenges the preferred alternative and defends opposing alternatives, is referred to as:
devil’s advocacy
.
Which of the following is the final step in making a managerial decision?
After the alternative courses of action have been evaluated and optimal course of action selected, the final step is
to implement the decision
. The implementation of the decision requires constant monitoring so that expected results from the optimal course of action are obtained.
What is the key to a good assessment of alternative solutions quizlet?
The key to a good assessment of the alternatives is
to define he opportunity or threat exactly and then specify the criteria that should influence the selection of alternatives for responding to the problem or opportunity
.
Which of the following is the first step in the managerial decision making process quizlet?
The first step in decision making process is
the clear identification of opportunities or the diagnosis of problems that require a decision
. Objectives reflect the results the organization wants to attain.
Which model specifies how decisions should be made?
The classical model
specifies how decisions should be made. In other words it is: heuristic. prescriptive.
Which technique requires managers to respond in writing to questions posed by the group leader?
Nominal (meaning in name only) group technique (NGT)
is a structured variation of a small-group discussion to reach consensus. NGT gathers information by asking individuals to respond to questions posed by a moderator, and then asking participants to prioritize the ideas or suggestions of all group members.
Managers can effectively manage only a small group of employees. How is the complexity of a job related to direct supervision?
It is more difficult to evaluate a subordinate who is performing a complex job
.
What are the 7 steps of moral reasoning model?
- State the problem. …
- Check the facts. …
- Identify relevant factors (internal and external).
- Develop a list of options. …
- Test the options. …
- Make a choice based on steps 1-5.
- Review steps 1-6.
What are the 7 steps of effective decision-making?
- Step 1: Identify the decision. You realize that you need to make a decision. …
- Step 2: Gather relevant information. …
- Step 3: Identify the alternatives. …
- Step 4: Weigh the evidence. …
- Step 5: Choose among alternatives. …
- Step 6: Take action. …
- Step 7: Review your decision & its consequences.
What are the 3 types of decision-making?
- strategic.
- tactical.
- operational.
Which of the following is the second step in the decision-making process?
Consider all possible options. The second step in the decision making process.
Identify the consequences of each option.
What is the first step in the decision-making process brainstorm?
- Identifying the Problem: The first step in the decision-making process is identifying the problem. …
- Identifying Resources and Constraints: …
- Generating Alternative Solutions: …
- Evaluating Alternatives: …
- Selecting an Alternative: …
- Implementing the Decision: …
- Monitoring the Decision:
Which step in the decision-making process should Simon now take?
By the end of the month, Simon had no money left for groceries. Which step in the decision-making process should Simon now take?
Evaluating results
.
What is the best decision making model?
- Rational decision-making model.
- Bounded rationality decision-making model. And that sets us up to talk about the bounded rationality model. …
- Vroom-Yetton Decision-Making Model. There’s no one ideal process for making decisions. …
- Intuitive decision-making model.
Which environment is the most difficult for decision makers to cope with?
The most difficult environment for decision makers to cope with is the __________.
Uncertain environment
. All of the following statements about uncertain environments are correct EXCEPT: Behavioral responses to uncertain environments seldom involve intuition, educated guesses, or hunches.
What is the best solution in decision making?
- Step 1: Identify Your Goal. One of the most effective decision making strategies is to keep an eye on your goal. …
- Step 2: Gather Information for Weighing Your Options. …
- Step 3: Consider the Consequences. …
- Step 4: Make Your Decision. …
- Step 5: Evaluate Your Decision.
