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Question 11.In the administrative model of decision making, which decision maker is willing to consider all criteria and all available alternatives?
Question 22.In the administrative model of decision making, what is the concept of settling for a less than perfect solution?
Question 33.According to the administrative model of decision making, what is the main benefit of making a decision after considering only a limited number of alternatives?
Question 44.What is an example of a temporary factor that may positively affect decision making?
Question 55.What is an example of a temporary factor that may negatively affect decision making?
Question 66.Why is creativity important for making good decisions about your business?
Question 77.Why is rational decision making considered to be a precise process?
Question 88.Rational decision-making uses _____ to reach a decision.
Question 99.Selecting the best alternative in the rational decision-making process is called _____.
Read the scenario and identify which decision-making strategy was MOST likely utilized:
A project manager must decide by the end of the day which colleague to move to an important project with a looming deadline. One candidate is still in training, but has proven to be a quick study who brings fresh ideas to the project. The second candidate has worked at the company for ten years and is a dedicated and knowledgeable employee. The project manager chooses the new hire for the project.
Question 1111.What type of decision making uses analytics, facts and a step-by-step process to come to a solution?
Question 1212.Another phrase for intuition is _____.
Question 1313.What elements does your decision-making model need to contain to ensure you have a sound process?
Question 1414.When you have to change your business plan because you lack the funds to move forward, what are you facing?
Question 1515.If your project team needed to know how long it would take to deliver the project, what tool would be appropriate to do that analysis and make that decision?
Question 1616.How many phases does the incremental decision-making model suggest?
Question 1717.What did Charles Lindblom call the process of moving between different steps of the incremental model?
Question 1818.Which two alternative steps happen during the development phase of the incremental model?
Question 1919.Which description best fits the classical decision-making model?
Question 2020.Which of the following is a drawback of the classical decision-making model?
Question 2121.What is the first step of the decision-making process, as recommended by the classical model?
Question 2222.In using the PACED model, what question should you answer during E: Evaluation step?
Question 2323.In using the PACED model, which of the following is an alternative when deciding where to eat lunch?
Question 2424.What is the first step of the PACED model?
Question 2525.Which of the following might be caused by too much diversity when making a group decision?
Question 2626.What is a pitfall of making group decisions?
Question 2727.Which of the following describes the rational decision model?
Question 2828.According to the administrative model of decision making, why are decision makers willing to settle for a less than perfect solution?
Question 2929.How does having experience in a given field help us with decision making?
Question 3030.Julie has decided a change is needed in tracking the inventory at her store and decides to utilize the rational decision-making model as a tool to make these changes. Julie's first step is to _____.
Decision Making Processes & Models Chapter Exam Instructions
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