CHAPTER 10—DECISION MAKING BY INDIVIDUALS AND GROUPS TEST BANK

Which of the following is an example of a programmed decision situation? a. arranging financing for constructing a new $50 million office building b. reorder of raw materials from an established supplier c. purchase of a new mainframe computer d. a firm's purchase consideration of a parts manufacturer ANS: B PTS: 1 DIF: Moderate REF: p. 159 OBJ: 1 NAT: AACSB Analytic | Group Dynamics TOP: The Decision-Making Process MSC: BLOOMS Level III Application 2. All of the following are characteristics of a nonprogrammed decision situation except: a. complex b. multivariate c. unstructured d. new ANS: B PTS: 1 DIF: Moderate REF: p. 159 OBJ: 1 NAT: AACSB Reflective Thinking | Group Dynamics TOP: The Decision-Making Process MSC: BLOOMS Level I Knowledge 3. The initial step in a problem solving, decision situation is: a. problem recognition b. data analysis c. generation of alternatives d. feedbac