#1
Which of the following is NOT a step in the decision-making process?
#2
What type of decision involves routine, day-to-day choices that managers must make?
#3
Which of the following is NOT a characteristic of programmed decisions?
#4
What is the term for a decision that is made in response to an unexpected situation or problem?
#5
Which of the following is NOT a factor affecting decision-making in businesses?
#6
What is the term for a decision that involves a high level of uncertainty and complexity?
#7
Which decision-making model assumes that decision makers have all the information and can objectively evaluate all possible alternatives?
#8
What is the term for making a choice without the use of conscious thought or logical inference?
#9
Which decision-making tool involves listing the pros and cons of each alternative and selecting the one with the highest total score?
#10
What type of decision-making model acknowledges that decision makers have limited information processing capabilities and must often resort to making satisfactory rather than optimal decisions?
#11
Which decision-making tool involves mapping out the forces for and against a particular decision to identify which forces are the strongest?
#12
What type of decision-making model emphasizes the importance of intuition, experience, and judgment in decision making?
#13
Which decision-making bias involves giving more weight to the first information received?
#14
Which decision-making bias involves selectively seeking out information that supports one's pre-existing beliefs?
#15
Which decision-making bias involves placing undue importance on recent events or information?
#16
Which decision-making bias involves basing decisions on information that is readily available rather than seeking out all possible relevant information?
#17