decision-makers whoare very rational and have a low tolerance for ambiguity are called     Directive decision makers     Analytic decision makers     Conceptual decision makers     Behavioral decision makers

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question
decision-makers whoare very rational and have a low tolerance for ambiguity are called
   
Directive decision makers
   
Analytic decision makers
   
Conceptual decision makers
   
Behavioral decision makers
 
Problems that will require custom-made solutions are unstructured problems.

 True

 False

 

The first step in decision making is to:
   
establish priorities.
   
establish specific goals and objectives.
   
identify and define the problem.
   
determine courses of the problem.
"Problems which are straightforward, familiar, and easily defined are called Structured Problems"

 True

 False

Decision making is (simplistically) typically described as which of the following?
   
deciding what is correct
   
putting preferences on paper
   
choosing among alternatives
   
processing information to completion
"In comparison to the specific environment, which of these is true about the organization's general environment?"
   
It has less impact on the organization s operations.
   
It has more impact on the organization s operations.
   
It has about the same impact on an organization s operations.
   
It is the concern of upper management.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Data mining
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON