Description : The managers of a multinational company are located in France, India, Brazil, and the United States. Which decision-making technique seems most reasonable for this organization? (a) A postal service interaction ; (b) A brainstorming session ; (c) A nominal discussion (d) An electronic meeting
Last Answer : (d) An electronic meeting
Description : Which of the following was not given by Janis as a symptom of groupthink? (a) Pressure to conform ; (b) An awareness of vulnerability (c) Negative stereotypes of outside opponents ; (d) An illusion of unanimity
Last Answer : (b) An awareness of vulnerability
Description : What is the most accurate method of obtaining project information that can reduce the amount of risk? 1. Observations on the current project 2. Determining the risk by using brainstorming ... from previous projects that were similar in nature 4. Sensitivity analysis 5. Delphi technique.
Last Answer : 3. The use of historical data from previous projects that were similar in nature
Description : Which of the following is true about management meetings? Select one: a. They are short meetings to develop a common understanding of what the short-term priorities are for the project. ... , tracking progress of existing plans, and making adjustments to plans in response to new information.
Last Answer : e. They are oriented toward developing plans, tracking progress of existing plans, and making adjustments to plans in response to new information.
Description : The decision-making model consists of four styles: directive, analytic, behavioral and _______________. (a) Conceptual ; (b) Intuitive ; (c) Group interaction ; (d) Laggard
Last Answer : (a) Conceptual ;
Description : A variation of the electronic meeting that links together media from different locations is ___________ (a) E-commerce ; (b) The Delphi technique ; (c) Video conference ; (d) E-conference
Last Answer : ; (c) Video conference ;
Description : "To understand communication in a meeting, we need to investigate the roles, personalities and values of every participant, as well as review the minutes taken and actions resulting from previous meetings." Which ... here? (a) Socio-phychological ; (b) Cybernetic ; (c) Psychosocial ; (d) Pragmatic
Last Answer : ; (d) Pragmatic
Description : __________________ is a problem -solving technique designed to produce numerous ideas in a short period A. Synectics. B. Delphi technique. C. Brain storming. D. Nominal group technique.
Last Answer : C. Brain storming.
Description : Hawthorne studies A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. Involves the use of quantitative techniques to improve management decision making. D. None of these options is correct
Last Answer : Studied the relationship of lighting levels to worker productivity.
Description : The Management Science Approach . A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. ... quantitative techniques to improve management decision making. D. None of these options is correct
Last Answer : Involves the use of quantitative techniques to improve management decision making.
Description : Strategists are usually found in higher levels of Management and have considerable Authority for decision making in the Firm
Last Answer : True
Description : Hawthorne studies A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. Involves the use of quantitative techniques to improve management decision making. D. None of these options is correct.
Description : The Management Science Approach . A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. ... quantitative techniques to improve management decision making. D. None of these options is correct.
Last Answer : Involves the use of quantitative techniques to improve management decision making
Description : Which of the following could be defined as a multinational company? A. A firm that owns shares in a foreign company but does not participate in the company's decision making. B. A UK based internet ... origin. D. A finance company transferring its HQ and all its activities from the UK to the US.
Last Answer : A firm owning a chain of supermarket outlets outside its country of origin.
Description : Sunk costs are: (a) relevant for decision making (b) Not relevant for decision making (c) cost to be incurred in future (d) future costs
Last Answer : (b) Not relevant for decision making
Description : _________ concluded that managers perform 10 interrelated activities that relate to decision making, using information and interpersonal relationships. (a) Mintzberg ; (b) Abraham Maslow ; (c) Robert Owen ; (d) Henri Fayol
Last Answer : (a) Mintzberg ;
Description : Which type of decision making is carried out by lower level management and deals with specific dayto-day processes? (a) Programmed decision making ; (b) Operational decision making ; (c) Administrative decision making ; (d) Mid-level decision making
Last Answer : (b) Operational decision making ;
Description : A ______ organizational structure is the simplest form and has clear lines of authority and ease of decision making. (a) Horizontal ; (b) Line ; (c) Vertical ; (d) Staff
Last Answer : (b) Line ;
Description : The jackpot on a gaming machine has not 'dropped' for several weeks. Believing that the payout is imminent, a gambler feeds coins steadily to the machine. What does this behavior ... ) A display of overconfidence (c) Decision making under uncertainty ; (d) Changing subjective probabilities
Last Answer : (a) Escalation of commitment ;
Description : In the context of decision making, which of the following best describes a heuristic? (a) A rule that a person relies upon to assess or categorise choices. (b) One of many personal learned rules that a ... uses when making a decision. (d) An attitude that prefers to look at a question as a whole.
Last Answer : (b) One of many personal learned rules that a person applies in the process of decision making.
Description : The decision making model which emphasises that organisations contain diverse interest groups who will bargain about goals and alternative actions, often with incomplete information is known as the ... model ; (c) Administrative or incremental model ; (d) Computational and rational model
Last Answer : (b) Political model ;
Description : A solution to a problem that is arrived at through an unstructured process of decision making is called a………….. (a) Bounded rationality ; (b) Non-programmed decision ; (c) Programmed decision ; (d) Uncertainty
Last Answer : (c) Programmed decision ;
Description : The overall process of decision making in, for example, staff selection includes which of these stages? (a) Deciding which candidate to appoint ; (b) Identifying the need for a new member of staff (c) Agreeing the job specification ; (d) All of the above
Last Answer : The overall process of decision making in staff selection typically includes the following stages: Identifying the need for a new member of staff: This involves determining the reasons for the need ... in a systematic manner to ensure a fair and effective decision-making process in staff selection.
Description : Which of the factors listed below is not a reason for decision making in organizations being a complex process? (a) People have to make decisions in a historical context (b) Several ... range of possible outcomes (d) Factors in the current context of the organization affect the decision
Last Answer : (c) Modern information systems enable people to evaluate a range of possible outcomes
Description : Which structure breaks down departmental barriers and decentralizes decision-making to the level of the work team? (a) Boudaryless ; (b) Feminine ; (c) Team ; (d) Virtual
Last Answer : ; (c) Team ;
Description : Centralization refers to……….. (a) The degree to which decision-making is concentrated at a single point in the organization (b) The development and maintenance of power in the organization (c) The decision-making process (d) The geographic dispersion of an organization
Last Answer : (a) The degree to which decision-making is concentrated at a single point in the organization
Description : What is span of control? (a) empowering lower-level employees (b) concentrating decision-making on one specific point in the organization (c) centralization (d) number of subordinates a manager can effectively direct
Last Answer : (d) number of subordinates a manager can effectively direct
Description : The General Manager‟s meeting was most likely a result of the following management function: (a) Organizing ; (b) Planning ; (c) Decision-Making ; (d) Controlling
Last Answer : ; (c) Decision-Making ;
Description : __________ is not one of the eight steps in the decision making process. (a) Identifying the problem ; (b) Analyzing alternative solutions (c) Implementing the decision ; (d) Delegating the decision making
Last Answer : (d) Delegating the decision making
Description : The ______________ style of leadership is where the focus of power is with the manager. The manager alone exercises decision-making, authority and the control of rewards or punishments. (a) democratic (b) ... a decision to pass the focus of power to members but is readily available if neede(d)]
Last Answer : (c) authoritarian
Description : Many sophisticated techniques or tolls are useful in decision-making. Which of the following is a tool that helps managers figure out how much to produce and points out the relationship between revenues, ... Marginal analysis ; (b) Breakeven analysis ; (c) Ratio analysis ; (d) Financial analysis
Last Answer : (b) Breakeven analysis ;
Description : Neoclassical economics concerns itself with the determination of various prices. In the branch of Microeconomics, economists are concerned with _________, while in Macroeconomics they consider _________ (a) Price ... prices: the aggregate price level ; (d) Costs to consumers: costs to producer
Last Answer : (c) Individual product prices: the aggregate price level ;
Description : Which of the following uses three types of participants: decision makers, staff personnel, and respondents? (a) executive opinions ; (b) sales force composites ; (c) the Delphi method ; (d) time series analysis
Last Answer : ; (c) the Delphi method ;
Description : Vroom and Yetton s contingency model of leadership is based on certain aspects of a leader s decision, they are (a) decision quality (b) decision acceptance (c) both of the above (d ... and decision acceptance refers to the motivation and commitment of group members in implementing the decision.]
Last Answer : (c) both of the above
Description : The tendency of a plant to grow toward light is called: a) photosynthesis b) photoinduction c) phototropism (pron: fo-tot-row-piz-em) d) photolysis (pron: fo-tol-eh-sis)
Last Answer : ANSWER: C -- PHOTOTROPISM
Description : The effects of World War-II upon education are noticeable in the form of strong tendency to Options: A) Make the schools stronger supports for national policy B) Improve the articulation between high ... college C) Reverse the trend toward increased technology training D) Answer 'A' and 'B' only
Last Answer : D) Answer 'A' and 'B' only
Description : Does the SCOTUS decision allowing prayers at city council meetings mean the return of public school prayers?
Last Answer : One can only hope this shit backfires on those theocrats, and people start loudly praying to Allah or Satan.
Description : In which teaching method learner’s participation is made optimal and proactive? (A) Discussion method (B) Buzz session method (C) Brainstorming session method (D) Project method
Last Answer : Option D project Method
Description : Which combination of methods of teaching is likely to optimise learning ? (A) Lecturing, discussions and seminar method (B) Interactive discussions, planned lectures and PowerPoint ... buzz sessions, brainstorming and projects (D) Lecturing, demonstrations and PowerPoint based presentations
Last Answer : Answer: C
Description : The acronym SWOT stands for A. Special Weapons for Operations Timeliness B. Services, Worldwide Optimization, and Transport C. Strengths Worldwide Overcome Threats D. Strengths, Weaknesses, Opportunities, and Threats
Last Answer : Strengths, Weaknesses, Opportunities, and Threats
Description : The acronym SWOT stands for : A. Strong, Weak, Occasion, Traits B. Services, Worldwide, Optimization, Transport C. Strengths, Worldwide, Overcome, Threats D. Strengths, Weaknesses, Opportunities, Threats
Last Answer : Strengths, Weaknesses, Opportunities, Threats
Description : An analysis of the economic segment of the external environment would include all of the following EXCEPT …. A. Interest rates. B. International trade tariffs C. Strength of the U.S. dollar. D. Move toward a contingent outsourcing workforce.
Last Answer : Move toward a contingent outsourcing workforce.
Description : There are two dimensions to conflict-handling intentions, cooperativeness, and assertiveness. Cooperativeness is the degree to which: (a) one party attempts to satisfy the other party's concerns. (b) one party ... . (c) both parties work toward a common goal. (d) there is an absence of conflict
Last Answer : (a) one party attempts to satisfy the other party’s concerns.
Description : Decision trees are appropriate for the problems where ___________ a) Attributes are both numeric and nominal b) Target function takes on a discrete number of values. c) Data may have errors d) All of the mentioned
Last Answer : d) All of the mentioned
Description : Decision trees are appropriate for the problems where: a) Attributes are both numeric and nominal b) Target function takes on a discrete number of values. c) Data may have errors d) All of the mentioned
Description : Two mutually exclusive projects are being considered. Neither project will be repeated again in the future after their current lives are complete. There exists a potential problem though -- ... NPV technique and simply choose the highest IRR since managers are concerned about maximizing returns.
Last Answer : A. Rely on the NPV method and make your choice as it will tell you which one is best.
Description : Warning signs that cause the auditor to question management integrity must be taken seriously and pursued vigorously. Which of the following may lead the auditor to suspect management ... with the controller for the purpose of discussing accounting practices that will maximize reported profits
Last Answer : The president and chief executive officer of the client corporation has held numerous meetings with the controller for the purpose of discussing accounting practices that will maximize reported profits
Description : ABC analysis is an inventory control technique in which: (a) Inventory levels are maintained (b) Inventory is classified into A, B and C category with A being the highest quantity, lowest value. (c) ... A, B and C Category with A being the lowest quantity, highest value (d) Either b or c
Last Answer : (c) Inventory is classified into A, B and C Category with A being the lowest quantity, highest value