The administrative model of decision making describes how managers actually make decisions in difficult situations rather than how they should make decisions according to a theoretical ideal. O a. True O b. False
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- MC Qu. 06 Americana Corporation is a consumer Americana Corporation is a consumer products conglomerate that sells household, beauty, and personal care products. The company is organized based on five different geographical regions in which it operates. Based on this organizational structure, which of the following would most likely be true? Multiple Choice There is a lack of decision-making autonomy at Americana. There is functional departmentalization at Americana There are low levels of self-sufficiency at Americana There is a lack of departmentalization at Americana There are low levels of centralization at Americana.28 When managers make decisions that are objective and for the best interest of the firm instead himself/herself, they are following the concept of A) escalation of commitment B) bounded rational decision making C) rational decision making D) intuitive decision making E) none of the above2.Discuss the three types of programmed decisions that amanager depends on to resolve structured problems.
- OM1. 1. State and define the outputs of effective teams 2. Name and define at least four ways that teams employ to make decisions.13. Decision making that occurs in response to unusual, unpredictable opportunities and threats requires : a. Time b. Effort c. Analysis d. All of the aboveMr. Julian is a newly appointed aanager of ABC group of companics und was tasked to manage a oewty developud team. He was expected to perform the five functions of management and be was able to plan and orgunize sctivitia for his team that centributes to attaining the goals and objectives af the company. He was able to asign aff to the different tasks that are essential and was able to influence his subordinates to do the task assigned to them by distrib- utiug power and authority to his trusted subordinates and letting them share the responsibility As the team compe- tently completed their task and was able to attain its goal to a minimum effort, an observation was madm bry his mu- pervisor as Ms. Jullan's subordinates are starting to slack on their job and was not able to surpaas its custeat accom- plishment on the fallowing months. Their performance began to decrense by a small percentage. Since their perfot- mance is still managcable, the new manager did not mind at all and did not…
- 22- Identify the statement which is TRUE regarding decision making. a. Managers should use only ready-made solutions all the time. b. Managers should rank the solution according to its advantages and disadvantages. c. Managers should not use any ready-made solutions at all. d. Managers should rank the solutions according to his personal preferences only.Kahneman and Tversky showed the decision-making is frequently affected by "heuristics" or "rules of thumb" that are quickly available to us O shortcuts that have often worked in the past O "rules of thumb" that can lead to systematic errors in our decisions all of the above None of the above; Kahneman and Tversky emphasized the rational aspects of decision making.7. a key tool used by all decision makers a. generate results b. purpose c. a model d. assumptions and limitations
- Which of the following explains why in Mendelow’s Classification Stakeholders in Segment C must be treated with care. These stakeholders may participate in decision-making. They do not have great ability to influence strategy, but their views can be important in influencing more powerful stakeholders, perhaps by lobbying. They are capable of moving to Segment D. They should therefore be kept satisfied. Large institutional shareholders might fall into Segment C. Without their participation, the organization will have difficulty continuing as a going concern2a. A company is facing a downward trend in its sales values, it is considering movinginto different businesses, apply the concept of decision making, explain the stepsto be used to select one business alternative and explain the challenges likely toaffect the decision-making process with suitable examples. 2bConsidering the importance of the levels of management in an organization,explain the role of each of the levels in a manufacturing company. Support yourexplanations with suitable examples. 2c. Groups and teams are very important in all organizations, explain the processthrough which a team can be formed to address issues related to employeeturnover at MTN.2.1) Explain the importance of the management environment analysis and its impact on decision-making in a company like Eskom