In The Rational Decision Making Process Optimization Means

Question: 1. The process of choosing one alternative from among a set of alternatives is called _____

A) rational ignorance

B) altruism

C) bounded rationality

D) decision making

E) groupthink

Answer: D

Question:

Answer: B

Question: 3. Ryan, the production manager at the Tan Shoes Company, chose the cheapest leather-cutting machine from a set of five machines from different manufacturers. Ryan was engaged in _____.

A) decision making

B) optimizing

C) rationalizing

D) brainstorming

E) social loafing

Answer: A

Question:

Answer: B

Question: 5. A(n) _____ decision is a decision that is relatively structured or recurs with some frequency (or both). A) custom-made

B) novel

C) unstructured

D) intuitive

E) programmed

Answer: E

Question: 6. Decisions regarding standard organizational transactions are most likely to be _____ decisions. A) unstructured

B) infrequent

C) programmed

D) intuitive

E) irrational

Answer: C

Question:

Answer: A

Question: 8. When the inventory manager of Cuisine Royale, a restaurant, decides to order a batch of brown bread because the stock is almost empty, she’s making a(n) _____ decision.

A) programmed

B) unstructured

C) intuitive

D) irrational

E) strategic

Answer: E

Question:

Answer: C

Question: 10. Decisions made by top managers involving strategy, such as signing mergers or making acquisitions, are examples of _____ decisions.

A) frequent

B) nonprogrammed

C) structured

D) operational

E) programmed

Answer: B