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MGMT 100 - Final Exam questions with complete solutions

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MGMT 100 - Final Exam questions with complete solutions

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MGMT 100 - Final Exam questions with
complete solutions

problem avoiders, problem solvers, problem seekers - correct answer ✔✔Types of decision
makers



Inactive, ignore information - correct answer ✔✔Problem avoiders



Willing to make decisions, only react only when problems arise - correct answer ✔✔Problem
solvers



Actively process information, look for opportunities and problems to solve - correct answer
✔✔Problem seekers



Addressing problems in a logical sequence, rational step-by-step approach - correct answer
✔✔Systematic thinking



Decision made on immediate comprehension of a situation based on past experience - correct
answer ✔✔Intuitive thinking



Programmed, non-programmed, crisis - correct answer ✔✔Types of decision making



Decisions made due to situations that have occurred often enough to enable rules to be
developed and applied - correct answer ✔✔Programmed decisions



Non-programmed decision - correct answer ✔✔Decisions made in a response to a unique,
poorly defined situation

, Situations that threaten the life of the business - correct answer ✔✔Crisis



certain, risk, uncertain, ambiguous - correct answer ✔✔The four different conditions or
problem environments in which managers make decisions



find and define the problem - correct answer ✔✔The first step in the decision-making process



generate and evaluate alternative courses of action - correct answer ✔✔The second step in the
decision-making process



Select preferred solution and conduct ethics double-check - correct answer ✔✔The third step in
the decision-making process



Implement the solution - correct answer ✔✔The fourth step in the decision-making process



Evaluate results - correct answer ✔✔The fifth step in the decision-making process



SMART - correct answer ✔✔Specific, Measurable, Attainable, Realistic, Timely



Goals, Mission statement, Plans - correct answer ✔✔Decision Plans



Lewin's Process Model of Change - correct answer ✔✔Unfreeze, Change, refreeze



SWOT analysis - correct answer ✔✔strengths, weaknesses, opportunities, threats

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