10 May QuestionTrue / False Questions1. (p. 88) Managers often ignore proble
Question
True / False Questions
1. (p. 88) Managers often ignore proble
2. (p. 89) Managers tyically fe ill-structured problems, leaving the decision maker uncertain about how to proceed.
3. (p. 89) Bill Simmons is the manager of a small restaurant and must decide how much money he owes his suppliers. This is an example of a non-programmed decision.
4. (p. 89, Table 3.1) Programmed decisions are useful when there is no predetermined structure on which to rely.
5. (p. 90) Risk is not a fact of life in management decisions.
6. (p. 90) According to research, managers prefer uncertainty to certainty because it makes the job more challenging and interesting.
7. (p. 91) Conflict exists when the manager must consider opposing pressures from different sources.
8. (p. 92) In the fourth state of decision making, problem diagnosis is linked to the development of alternatives.
9. (p. 92-93) Choosing a ready-made alternative is takes less time than designing a custom-made solution.
10. (p. 93) Contingency plans are best developed following the final stage of decision making–evaluating the decision.
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