Table of Contents
Which decision style is used by people who prefer simple clear-cut solutions to problems?
People who prefer simple, clear-cut solutions to problems use the directive style. Brainstorming uses a face-to-face interactive group to spontaneously suggest as many ideas as possible for solving a problem.
Which of the following means that a decision has clear-cut goals and that good information is available?
Uncertainty means that a decision has clear-cut goals, and that good information is available, but the future outcomes associated with each alternative are subject to chance.
Which of the following terms refers to a technique that uses face-to-face group to spontaneously suggest a broad range of alternatives for decision making?
Brainstorming uses a face-to-face interactive group to spontaneously suggest a wide range of alternatives for decision making.
Which of the following are examples of Nonprogrammed decision making?
Non-programmed decision making occurs in response to unusual, unpredictable opportunities or threats. This happens when there are no ready-made decision rules that managers can apply to a situation. An example of a non-programmed decision would be to invest in new technology or develop a new kind of product.
What is administrative model of decision making?
The administrative model of decision making assumes that decision makers’ rationality is bounded and that they’re willing to consider only a limited number of criteria and alternatives before making decisions. As a consequence, they settle for the first ‘good enough’ solution that they find.
What is a programmed decision?
Programmed decisions are those that are repeated over time and for which an existing set of rules can be developed to guide the process.
Which model represents ideal decision-making and can’t usually be attained by real people in real organizations?
The ideal, rational approach of the classical model is often unattainable by real people in real organizations, but the model has value because it helps decision makers be more rational and not rely entirely on personal preference in making decisions.
What is strategic business decision?
Strategic decisions are the decisions that are concerned with whole environment in which the firm operates, the entire resources and the people who form the company and the interface between the two.
What is a non programmed decision?
What Is A Non-Programmed Decision? Contrary to programmed decision-making, non-programmed decisions are ill-structured and one-time decisions. Problems or situations that don’t have a concrete set of rules or guidelines to follow rely on non-programmed decision-making. These are complex and have a long-term impact.
Which of the following is a choice made from available alternatives?
A Decision is a choice made from available alternatives. 2. Decision Making is the process of identifying problems and opportunities and then resolving them.
In which of the following approaches do experts work with managers in major divisions or departments to develop their own goals and plans?
In centralized planning, managers at all levels work with planning experts to develop their own goals and plans.
Which of these assumptions are included in the classical model of decision making?
The classical model prescribes the best way to make decisions, based on four assumptions: a clearly defined problem, eliminated uncertainty, access to full information, and rational behavior of the decision-maker.
What is an example of programmed decision making techniques?
For example, deciding how many raw materials to order should be a programmed decision based on anticipated production, existing stock, and anticipated length of time for the delivery of the final product. As another example, consider a retail store manager developing the weekly work schedule for part-time employees.
What is an example of a strategic decision?
Strategic decision making is about choosing the best path to success. For instance, if you’re starting a new business, you need to consider factors like cost, time and the target market.
Which is an example of an unstructured decision?
Many times, unstructured decisions are decisions being made for the first time. An example of an unstructured decision might be dealing with a labor issue or setting policy for a new technology. Decision support systems work best when the decision-maker(s) are making semi-structured decisions.
What is Simon’s decision making model?
Simon’s model defines four phases of decision-making process: Intelligence Phase. Design Phase. Choice Phase. Implementation Phase.
What are the 4 decision-making styles?
In regards to decision making in management, there are four styles: directive, analytical, conceptual, and behavioral.
What is Herbert Simon model?
Herbert Simon, the Nobel Prize winning researcher, showed that humans went through three essential stages in the act of problem solving. He called these the Intelligence, Design, and Choice stages. Decision making can also be considered as a type of problem solving.
What is routine and strategic decisions?
Routine decisions are related to the general functioning of the organisation. They do not require much evaluation and analysis and can be taken quickly. Strategic decisions are important which affect objectives, organisational goals and other important policy matters.
What is tactical decision?
Tactical decisions are decisions and plans that concern the more detailed implementation of the directors’ general strategy, usually with a medium-term impact on a company. Tactical points requiring decisions include, but are not limited to: Size and structure of a work force. Sales and marketing strategy.
What is individual and group decision making?
When consdidering individual versus group decision-making, a group decision is one made by several people, while an individual decision is made by one person.
What is rational decision making model?
Being the opposite of intuitive decision making, rational model of decision making is a model where individuals use facts and information, analysis, and a step-by-step procedure to come to a decision. The rational model of decision making is a more advanced type of decision-making model.
Which decision making model is often used in the absence of strategic management?
The garbage- can approach is often used in the absence of strategic management.
Who developed the rational decision making model?
Adam Smith, who proposed the idea of an “invisible hand” moving free-market economies in the mid-1770s, is usually credited as the father of rational choice theory.
What is cognitive decision making?
Decision-making is a high-level cognitive process based on cognitive processes like perception, attention, and memory. Real-life situations require series of decisions to be made, with each decision depending on previous feedback from a potentially changing environment.
What are different decision making models?
The four different decision-making models—rational, bounded rationality, intuitive, and creative—vary in terms of how experienced or motivated a decision maker is to make a choice.
What is analytical decision making?
Analytic decision-makers examine much information before taking action. For example, analytic leaders rely on direct observation, data, and facts to support their decisions. This style is a well-rounded approach to decision-making but can be time-consuming.
