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Engineering Management (Chapter 2) Questions with Correct Answers $14.49   Add to cart

Exam (elaborations)

Engineering Management (Chapter 2) Questions with Correct Answers

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  • Course
  • Electrical engineering technology
  • Institution
  • Electrical Engineering Technology

Engineering Management (Chapter 2) Questions with Correct Answers

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  • August 2, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Electrical engineering technology
  • Electrical engineering technology
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Engineering Management (Chapter 2) Questions with Correct Answers
Managers Correct Answer-are primarily tasked to provide leadership in the quest for attainment of the organization's objectives.
Major blunder Correct Answer-in decision-making may be sufficient to cause the destruction of any organization.
Good decisions Correct Answer-will provide the right environment for continuous growth and success of any organized effort.
Decision-making Correct Answer-defined as "the process of identifying and choosing alternative courses of action in a manner appropriate to the
demands of the situation."
Decision-making Correct Answer-is the heart of all the management functions.
1. diagnose problem
2. analyze environment
3. articulate problem or opportunity
4. develop viable alternatives
5. evaluate alternatives
6. make a choice
7. implement decision 8. evaluate and adapt decision results Correct Answer-Rational decision-
making is a process involving the following steps:
Problem Correct Answer-exists when there is a difference between an actual situation and a desired situation.
1. Limited funds available for the purchase of equipment
2. Limited training on the part of employees
3. Ill-designed facilities Correct Answer-Examples of internal limitations
1. Patents are controlled by other organizations
2. A very limited market for the company's products and services exists
3. Strict enforcement of local zoning regulations Correct Answer-
Examples of external limitations.
1. Internal
2. External Correct Answer-Two major components (concerns) of the environment
Internal environment Correct Answer-refers to organization activities within a firm that surrounds decision-making.

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