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MGT 350 Final Exam Guide 1/snaptutorial

For more classes visits www.snaptutorial.com 1) Critical thinking may be stored for use in future decision making. Examples of mechanisms used to “store” critical thinking for future programmed decisions include A. a regression analysis B. a Stakeholder Analysis C. a Pareto Chart D. pre-opening checklist E. a SWOT Analysis 3) When facing a critical decision, a manager should use critical thinking in order to ______ uncertainty A. eliminate B. increase C. reduce D. randomize 4) Kathy is a manager deciding between two applicants for a position reporting to her. One applicant for the position is a close personal friend of Kathy’s. Because Kathy is concerned that self serving bias may influence her to incorrectly see her friend as the best candidate, she should A. allow someone else to make the decision. B. eliminate her bias by not allowing her friend to apply C. ignore her bias and be strictly objective D. any of the above would be an equally valid choice from a critical thinking perspective E. seek input from others before making the decision. 5) Jane has a term paper due, a sick child who needs her attention, and a major project due at work. To save time, she decides to submit a paper for school that is less than her best, but will earn a passing grade. The best description of Jane’s approach is A. creativity B. analyzing C. satisficing D. optimizing 6) Despite all the measures followed, successful decisions are not always guaranteed so it is important to A. develop contingency plans B. only allow the most senior leaders to influence decisions C. use logical thinking to guarantee a correct outcome D. accept that some decisions will not work and move on to other issues E. develop appropriate measurements for the impacts of decisions 7) One way for a leader to develop alternative perspectives for decision making is to A. increase the use of the logical thinking style

For more classes visits
www.snaptutorial.com

1) Critical thinking may be stored for use in future decision making. Examples of mechanisms used to “store” critical thinking for future programmed decisions include
A. a regression analysis
B. a Stakeholder Analysis
C. a Pareto Chart
D. pre-opening checklist
E. a SWOT Analysis


3) When facing a critical decision, a manager should use critical thinking in order to ______ uncertainty
A. eliminate
B. increase
C. reduce
D. randomize


4) Kathy is a manager deciding between two applicants for a position reporting to her. One applicant for the position is a close personal friend of Kathy’s. Because Kathy is concerned that self serving bias may influence her to incorrectly see her friend as the best candidate, she should
A. allow someone else to make the decision.
B. eliminate her bias by not allowing her friend to apply
C. ignore her bias and be strictly objective
D. any of the above would be an equally valid choice from a critical thinking perspective
E. seek input from others before making the decision.


5) Jane has a term paper due, a sick child who needs her attention, and a major project due at work. To save time, she decides to submit a paper for school that is less than her best, but will earn a passing grade. The best description of Jane’s approach is
A. creativity
B. analyzing
C. satisficing
D. optimizing


6) Despite all the measures followed, successful decisions are not always guaranteed so it is important to
A. develop contingency plans
B. only allow the most senior leaders to influence decisions
C. use logical thinking to guarantee a correct outcome
D. accept that some decisions will not work and move on to other issues
E. develop appropriate measurements for the impacts of decisions


7) One way for a leader to develop alternative perspectives for decision making is to
A. increase the use of the logical thinking style

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33) Since unforeseen circumstances will arise during implementation, a company should<br />

invest resources in teaching employees to<br />

A. be consistent in their actions<br />

34) The moral principles and standards that guide behavior in the world of business are<br />

called<br />

35) A system of rules that governs the ordering of values is referred to as<br />

36) Markus worked last summer as a receptionist in a lawyer's office. During a discussion<br />

prompted by the ethics chapter in your text, he commented that he was asked to tell callers<br />

that the lawyer was in court when in fact the lawyer was playing golf! He eventually quit the<br />

job because he believes that under no circumstance is it permissible to tell a lie. Markus<br />

appears to be following the ethical system referred to as a<br />

37) Bob’s company regularly surveys employees concerning satisfaction with various<br />

attributes of their jobs, and their working conditions. This allows Bob to watch for positive or<br />

negative changes in measured satisfaction levels when decisions are made to change the<br />

nature of work or compensation in order to increase retention. Bob is applying this thinking<br />

style to evaluate his decisions.<br />

38) The objective to “reduce rework significantly within 6 months” is not sufficiently<br />

meaningful nor measurable because it is not sufficiently<br />

39) A measurement that evaluates the amount of inputs used to achieve outputs is a measure<br />

of<br />

40) When evaluating the decision processes in an organization, leaders will bear in mind that<br />

41) When evaluating the decision processes in an organization, leaders should consider<br />

doing which of the following?<br />

42) As noted in our texts, a key measurement of our decisions is: “are they ethical.” In order<br />

to achieve a superior level of ethical behavior in its decision making processes, leaders<br />

should instill a(n) ______ in those charged with making decisions.

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