25 May Question 56.Ryan is a manager at Dream Catchers. Dream Catchers
Question
56.Ryan is a manager at Dream Catchers. Dream Catchers is currently operating in an environment of high uncertainty. As a result, Ryan will
| a. | likely be making programmed decisions. |
| b. | probably have an easy time generating alternatives. |
| c. | probably have a difficult time generating alternatives. |
| d. | likely rely on the classical model of decision making. |
| e. | wait until environment becomes certain. |
57. Once the desired alternative is developed, it should be
| a. | analyzed. |
| b. | evaluated. |
| c. | selected. |
| d. | recognized. |
| e. | identified. |
58. Which of the following refers to the willingness to undertake risk with the opportunity to increase one’s return?
| a. | Tunnel vision |
| b. | Risk propensity |
| c. | Risk averse |
| d. | Thrill seeking |
| e. | Ineffective investment philosophy |
59. The ____ step in the decision making process involves using managerial, administrative, and persuasive abilities to translate the chosen alternative into action.
| a. | recognition |
| b. | analysis |
| c. | evaluation |
| d. | implementation |
| e. | feedback |
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