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Information For Decision Making Quiz 1 (25 MCQs)

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1. When a manager makes a decision after taking a few subordinates aside and sharing the situation with them and asking their opinions before they make their decision, this is what style of decision making?

2. This illustrates one of the types of decisions:"Spending 5 million dollars to completely rebuild your company's website in a rapidly changing and highly competitive market."

3. A concise written summary of a longer report is called a(n)

4. Regular formal and informal performance reviews can reveal an employee's

5. Which of the following is not part of the buyer decision proocess?

6. Which step is the most important step in the decision making process?

7. Which of the following is an advantage of a house buyer?

8. A purchase manager chooses a vendor because he has supplied quality material in the past rather than by the rational way of choosing the vendor with the best price quote. His decision making is through

9. The assigning of probabilities for action alternatives and their consequences indicates the presence of _____ in the decision environment.

10. Believing that your decisions will not change outcome; whatever is meant to be will usually happen anyway.

11. Employers are expected to make accommodations in work place facilities as part of the:

12. There are 4 buyer types:Practical Loyalists, Bottom-Line Price Shoppers, Opportunistic Switchers, and _____

13. Who makes the Tactical decisions

14. The five functions of managers include each of the following except:

15. What is a choice you make about what action to take.

16. When a problem is addressed according to the positive or negative context in which it is presented, this is an example of _____

17. At which stage of the rational decision-making model is information overload a particular problem?

18. Selecting a set of brands and then considering when and where to buy describes which of the following types of purchase behavior?

19. Which kind of desicion making conditions means that managers know which goals they wish to achieve, but information about alternatives and future events is incomplete?

20. Which part of the buyer decision is most closely aligned with Maslow's hierarchy?

21. When the decision making situation has certain limitations

22. Intuition decision making is based on

23. An act of making a choice or coming to a solution is a _____,

24. In order for information to be relevant, the decision to be made must have an effect on:

25. Which of the following is an 'Operational' decision?

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Information For Decision Making Quiz 1 (25 MCQs)

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