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GB 370 EXAM COMBINED QUESTIONS AND 100% VERIFIED CORRECT ANSWERS!!

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GB 370 EXAM COMBINED QUESTIONS AND 100% VERIFIED CORRECT ANSWERS!!

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GB 370 EXAM COMBINED QUESTIONS AND
100% VERIFIED CORRECT ANSWERS!!
The final step in the decision making process is to select an alternative

False

Managers' greatest challenge is to admit the flaws in their skill set and work tirelessly to

improve them.

True

Which of the following is part of the decision-making process?

generate multiple alternatives, analyze the alternatives, select an alternative

Buying a house can be described as which of these?

non-programmed decision

_____ are Individuals or groups who are impacted by the organization.

stakeholders

Which of the following is characteristic of REFLECTIVE system decision-making?

analytical

Which of the following is NOT considered a stakeholder of an organization?

competitors

Maximizing shareholder wealth is often a short-sighted decision because it can harm the

organization's financial viability in the future

,true

Which of the following is the first step in the decision-making process?

recognize that a decision needs to be made

For programmed decisions, managers often develop heuristics or mental shortcuts, to help

reach a decision

true

Ordering office supply can be described as which of these?

programmed decision

Which term best describe mental shortcuts?

Heuristics

Poor decision-making by lower-level managers can lead to any of the following adverse

outcomes EXCEPT:

increased productivity if there are too few workers

Analyzing alternatives is the first step in the decision-making process.

false

Tamara want to improve her decision making when she is making programmed decisions.

Which of the following should she focus on?

Heuristics

Effective decision-making relies on logic and emotions.

, True

Which of the following techniques may improve NONprogrammed decisions?

considering long-term implications, considering ethical implications, creativity

Heuristics are lengthy processes developed through prior experience.

false

Decisions Involving minimum costs are considered a ______ involvement decision.

low

______ is the action or process of thinking through possible options and selecting one.

decision making

Which of the following describe conditions when we tend to pay more attention to

information that agrees with our existing beliefs and less attention to information that is

contrary to our beliefs?

confirmation bias

Which of the following describe an approach to decision-making that states that managers

should systematically collect the best indications available to help them make effective

decisions?

evidence based

Groups are useful in decision-making because they incorporate different perspectives and

ideas.

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