The Ideal Decision-Making Orientation Essay

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Type of Project	ESSAY
Writer Level	PHD VERIFIED
Format	APA
Academic Sources	10
Page Count	3-12 PAGES

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The Ideal Decision-Making Orientation Essay

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Question 1

2.5 points

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The ideal decision-making orientation emphasizes the realization of the organization’s potential as well as that of the decision-maker.

	True
	False

Question 2

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Judgment, intuition, and creativity would most likely be classified as:

		a modern decision-making technique appropriate for nonprogrammed decisions
		a modern decision-making technique appropriate for programmed decisions
		a traditional decision-making technique appropriate for programmed decisions
		a traditional decision-making technique appropriate for nonprogrammed decisions
		either C or D

Question 3

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A group decision process in which negative feedback on any suggested alternative is forbidden until all members have presented alternatives is called brainstorming.

	True
	False

Question 4

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The group decision-making process that involves the circulation of questionnaires among group members is known as:

		groupthink
		brainstorming
		the Devil’s Advocate technique
		the Nominal Group technique
		the Delphi technique

Question 5

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Heuristic problem-solving techniques are examples of a modern technique that can be applied to a nonprogrammed decision.

	True
	False

Question 6

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________ refers to the fact that managers are constrained in terms of time, computational power, and knowledge when making decisions.

		Heuristic
		Intuition
		Bounded rationality
		Satisficing

Question 7

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A group decision-making process which forbids negative feedback on any suggested alternative by any group member until all members have presented alternatives is known as:

		the Delphi technique
		brainstorming
		the Devil’s Advocate technique
		groupthink
		the Nominal Group technique

Question 8

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When decisions are reached using probability theory, the alternative normally chosen is the one with:

		the highest risk
		the lowest cost/benefit ratio
		the highest expected value
		the lowest expected value
		the lowest risk

Question 9

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The broader the scope of the decision, the higher the level of management responsible for it.

	True
	False

Question 10

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One of the disadvantages of group decision-making is that they cost the organization more than individual decisions.

	True
	False

Question 11

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Which of the following is a standing plan that outlines a series of related actions that must be taken to accomplish a particular task?

		procedure
		budget
		rule
		policy
		guideline

Question 12

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A plan has a greater probability of failing if managers at different levels in the organization are not properly engaged in or contributing to planning activities.

	True
	False

Question 13

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On average, sales forecast are off by approximately ________.

		10%
		40%
		20%
		30%

Question 14

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A relatively formal sales forecasting method that gathers, evaluates, and summarizes expert opinions as the basis for the forecast is the:

		the Delphi technique
		the time series analysis method
		the salesforce estimation method
		jury of executive opinion method

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Question 15

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A rule is a standing plan that designates specific required action.

	True
	False

Question 16

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During the maturity phase of the product life cycle, the product has been in the marketplace for some time, it is becoming more accepted, and product sales continue to climb.

	True
	False

Question 17

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The portion of the total management system at which a plan is aimed is called the ________ of the plan.

		time dimension
		longevity
		level
		scope
		repetitiveness

Question 18

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Which of the following products may never reach the decline stage of the product life cycle?

		newspapers
		washing machines
		radios
		treadmills
		scissors

Question 19

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The process of formulating a detailed listing of activities that must be accomplished to attain an objective, allocating the resources necessary to attain the objective, and setting up and following timetables for completing the job is:

		controlling
		scheduling
		charting
		organizing
		planning

Question 20

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A standing plan that designates specific required action, indicates what organizational members should or should not do, and allows no room for interpretation is a:

		budget
		guideline
		procedure
		policy
		rule

Question 21

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Which of the following is probably the least important skill for strategy implementation?

		organizing skill
		allocating skill
		interacting skill
		analytical skill
		monitoring skill

Question 22

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A broad and general plan developed to reach long-term organizational objectives is:

		an operational plan
		a tactic
		a scenario
		an organizational goal
		strategy

Question 23

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The last step in the strategic management process is:

		establishing organizational objectives
		strategy control
		strategy formulation
		environmental analysis
		strategy implementation

Question 24

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According to the GE Multifactor Portfolio Matrix, businesses falling in cells that form a diagonal from lower left to upper right are the strongest and the ones the company should invest in and help to grow.

	True
	False

Question 25

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Motivations, status symbols, and attitudes are all important aspects of the international component of the organization’s operating environment.

	True
	False

Question 26

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________ is a strategy adopted by management to increasing the amount of business that an SBU is currently generating.

		Divestiture
		Growth
		Differentiation
		Retrenchment

Question 27

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Demographics are the statistical characteristics of a population.

	True
	False

Question 28

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The ________ component is the part of the general environment related to government affairs.

		Economic
		Technological
		Political
		Social

Question 29

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The fourth step in the strategy management process is:

		strategy formulation
		strategic feedback
		environmental analysis
		strategy implementation
		strategic control

Question 30

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Which business strategy would generally apply to cash cows?

		focus
		stability
		retrenchment
		growth
		divestiture

Question 31

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The fundamental purpose of planning is:

		protection and affirmation
		organizing work processes
		coordination and elimination of risk
		helping the organization reach its objectives
		identifying organizational objectives

Question 32

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Olive’s company wants to provide the highest quality customer service in the jewelry industry. This statement is an example of:

		an operational objective
		an organizational purpose
		an operational plan
		an organizational objective
		a subsystem

Question 33

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Planners need not have significant practical experience within the organization if they have good human relations skills.

	True
	False

Question 34

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The high failure rate of new businesses seems primarily a consequence of inadequate planning.

	True
	False

Question 35

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Managers should establish objectives for employees that are in easy reach.

	True
	False

Question 36

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Short-term objectives are targets to be achieved within five to seven years.

	True
	False

Question 37

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Which of the following is NOT a guideline for establishing quality objectives?

		pinpoint expected results
		set objectives only in relation to other organizational objectives
		set objectives as subjectively as possible
		relate objectives to specific actions whenever necessary
		let the people responsible for attaining the objectives have a voice in setting them

Question 38

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What an organization exists to do, given a particular group of customers and customer needs, is an organizational objective.

	True
	False

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Question 39

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Organizational coordination and efficiency are dependent on effective planning.

	True
	False

Question 40

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The targets toward which an open management system is directed are:

		operational plans
		organizational purposes
		individual objectives
		organizational objectives
		actions

The Ideal Decision-Making Orientation Essay

RUBRIC

Excellent Quality

95-100%

Introduction

45-41 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Literature Support

91-84 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Methodology

58-53 points

With titles for each slide as well as bulleted sections to group relevant information as required, the content is well-organized. Excellent use of typeface, color, images, effects, and so on to improve readability and presenting content. The minimum length criterion of 10 slides/pages is reached.

Average Score

50-85%

40-38 points

More depth/information is required for the context and importance, otherwise the study detail will be unclear. There is no search history information supplied.

83-76 points

There is a review of important theoretical literature, however there is limited integration of research into problem-related ideas. The review is just partly focused and arranged. There is research that both supports and opposes. A summary of the material given is provided. The conclusion may or may not include a biblical integration.

52-49 points

The content is somewhat ordered, but there is no discernible organization. The use of typeface, color, graphics, effects, and so on may sometimes distract from the presenting substance. It is possible that the length criteria will not be reached.

Poor Quality

0-45%

37-1 points

The context and/or importance are lacking. There is no search history information supplied.

75-1 points

There has been an examination of relevant theoretical literature, but still no research concerning problem-related concepts has been synthesized. The review is just somewhat focused and organized. The provided overview of content does not include any supporting or opposing research. The conclusion has no scriptural references.

48-1 points

There is no logical or apparent organizational structure. There is no discernible logical sequence. The use of typeface, color, graphics, effects, and so on often detracts from the presenting substance. It is possible that the length criteria will not be reached.