MGMT 351 Test 4 | Questions and Answers ________ making is the process of making a choice or selecting a course of action to address a specific problem. decision making With ______ decision making, the responsibility for weighing the information and making a final decision is yours Individual Co...
________ making is the process of making a choice or selecting a course of action to
address a specific problem.
decision making
With ______ decision making, the responsibility for weighing the information and
making a final decision is yours
Individual
Consensus in decision making is the degree ______.
to which members of a team generally agree with the team's choice
Acceptability in decision making is the degree ______.
to which a decision is likely to meet an overall objective or goal
______ is a strategy in which a decision maker accepts an available option as
satisfactory.
Satisficing
______ is characterized by nearly instantaneous judgments about a situation based on
past experience and without conscious thought.
Intuition
The ______ decision making approach involves thoughtful analysis using a series of
steps triggered when a discrepancy exists between some desired state and a current
state as it is understood.
Rational
The autocratic decision making style involves managers ______.
making decisions alone, without any input from others
The consult individually decision making style involves managers ______.
presenting a problem and seeking potential solutions from individual subordinates
The _____ decision making style involves a manager presenting a problem and seeking
potential solutions from subordinates in a group setting.
consult the group
The _____ decision making style involves a manager sharing a problem with the group
and working with them to reach a consensus on the final decision.
facilitative
, The _____ decision making style involves a manager passing the responsibility for
making a final decision on a specific problem to subordinates.
Delegate
Select all of the true statements regarding the five major decision making styles. (Select
all that apply.)
The five major decision making styles are autocratic, consult individually, consult the
group, facilitative, and delegative.
Managers who use a facilitative decision making style must be sure that their input is
not weighted more than the input of their subordinates.
Managers retain the most control when they use the autocratic style.
Subordinates have the most control when managers use the delegative style.
The appropriateness of a particular decision making style depends on the situation at
hand.
Decision making styles vary, based on how much a manager involves subordinates in
the decision making process.
The appropriateness of a particular decision making style depends on the situation at
hand.
A manager's subordinates feel that they're losing hours of productivity every week
because of constant group meetings where their input is sought. Of which decision
making style is this most likely to be the outcome?
Facilitative
The concept of bounded rationality is represented by the ______.
belief that a person's level of rationality in the decision making process is limited by the
information she/he possesses
Which of the following decision making styles requires the highest amount of
subordinate involvement?
Delegative
The tendency or inclination to make a certain type of decision making error when
confronted with similar decision making stimuli is called ______.
Bias
The ______ is the tendency to ignore information regarding the probability of an event
in favor of information that seems more representative or relevant to the situation.
representativeness heuristic
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