100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

MGT 201 UTK Exam 2 Pre Test Questions Updated with Correct Verified Solutions.

Rating
-
Sold
-
Pages
12
Grade
A+
Uploaded on
14-12-2025
Written in
2025/2026

Decision - Answer Choice made from available alternatives Decision Making - Answer Process of identifying problems and opportunities Programmed decisions - Answer Situations that have occurred often enough to enable decision rules to be developed and applied in the future [certainty and risk] Non-Programmed Decisions - Answer Situations that are unique, are poorly defined, and largely unstructured, and have important consequences for the future [uncertainty and ambiguity] Certainty - Answer All the information needed is available Risk - Answer A decision has clear goals and info that future outcomes are subject to some chance of loss or failure Ambiguity - Answer Goals or problems to solve are unclear, alternatives are difficult to define, and info about outcomes is unavailable Classical Model - Answer Based on rational economic assumptions and manager beliefs about what ideal decision making should be; guidelines normative: defines how decision maker should make decisions Programmed decisions; certainty and risk personal choice/ maximize outcome Administrative Model - Answer Recognizes the human and environmental limitations that affect the degree to which managers can pursue a rational decision making process; descriptive Bounded Rationality Satisficing: choosing the first that fits Non-programmed decisions; uncertainty and ambiguity Intuition and Quasirationality

Show more Read less









Whoops! We can’t load your doc right now. Try again or contact support.

Document information

Uploaded on
December 14, 2025
Number of pages
12
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

Content preview

MGT 201 UTK Exam 2 Pre Test
Questions 2025-2026 Updated with
Correct Verified Solutions.
Decision - Answer Choice made from available alternatives



Decision Making - Answer Process of identifying problems and opportunities



Programmed decisions - Answer Situations that have occurred often enough to enable
decision rules to be developed and applied in the future

[certainty and risk]



Non-Programmed Decisions - Answer Situations that are unique, are poorly defined, and
largely unstructured, and have important consequences for the future

[uncertainty and ambiguity]



Certainty - Answer All the information needed is available



Risk - Answer A decision has clear goals and info that future outcomes are subject to some
chance of loss or failure



Ambiguity - Answer Goals or problems to solve are unclear, alternatives are difficult to
define, and info about outcomes is unavailable



Classical Model - Answer Based on rational economic assumptions and manager beliefs
about what ideal decision making should be; guidelines

normative: defines how decision maker should make decisions

Programmed decisions; certainty and risk

personal choice/ maximize outcome



Administrative Model - Answer Recognizes the human and environmental limitations that
affect the degree to which managers can pursue a rational decision making process; descriptive

Bounded Rationality

, Political Model - Answer Conditions are uncertain, information is limited and there are
manager conflicts about what goals to pursue or what courses of action to take

Coalition of managers

Bargaining and discussion



Decision Making Steps - Answer Recognition of decision requirement

Diagnosis and analysis of problem

Development of Alternatives

Selection of desired alternative

Implementation of chosen alternative

Evaluation and Feedback



Directive decision framework - Answer Prefer simple, clear solutions; quick, few alternatives;
efficient; rational



Analytical decision framework - Answer Complex solutions

lots of data

best possible decision



Conceptual decision framework - Answer Lots of info; talk it out; broad; creativity



Behavioral decision framework - Answer concern for others; feelings about a problem



Manager's Bad Decisions - Answer Influenced by initial impression

Justifying past decisions

Seeing what you want to see

Perpetuating the status quo

Being influenced by decisions

Overconfidence




Brainstorming - Answer Face to face interactive group to spontaneously suggest as many

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
TestSolver9 Webster University
View profile
Follow You need to be logged in order to follow users or courses
Sold
745
Member since
2 year
Number of followers
124
Documents
24424
Last sold
6 hours ago
TESTSOLVER9 STORE

TOPNOTCH IN LEARNING MATERIALS,(EXAMS,STUDYGUIDES NOTES ,REVIEWS,FLASHCARDS ,ALL SOLVED AND PACKAGED.OUR STORE MAKE YOUR EDUCATION JOURNEY EFFICIENT AND EASY.WE ARE HERE FOR YOU FEEL FREE TO REACH US OUT .

3.6

129 reviews

5
57
4
19
3
22
2
9
1
22

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions