Name KISX MULTIPLE CHOICE. Choose the one alternative that best completes the st

Question

Name KISX MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A rational and analytical way of looking at decisions is called the A) intuitive process B) information super highway C) subjective instinct D) judgmental process E) decision-making process 2) The first step in the decision-making process is A) identify the problem B) diagram a decision tree C) evaluate alternatives D) interview employees E) collect information 3) A discrepancy between an existing and a desired state of affairs is called a(n) A) puzzle B) graphic illustration C) opportunity D) problem E) possibility 4) Once the problem has been identified in the decision-making process, you will need to A) collect information B) interview employees C) diagram a decision tree D) evaluate alternatives E) develop alternatives ich of the following is one way to help a supervisor properly implement the decision? A) centralize authority B) consider possible deadlines Q) enlist employee cooperation )assign responsibilities B) determine success potentia 6) useful way to analyze ecisio ions that involve a progression of decisions is ze hiring, marketing, investment, equipment purchases, pricing, and simil mar A) market research B) PERT diagrams C) a decision tree D) accounting procedures )just-in-time inventories

Explanation / Answer

Question 1

A rational and analytical way of looking at decisions implies that decisions to be taken are analyzed in rational manner by taking into account all the information pertaining to such decisions.

This information is than analyzed in analytical manner so that each aspect of decision is thoroughly examined and course of action selected leads to sucessful implementation of decision.

This entire scenario is also termed as decision-making process.

So, it can be stated that a rational and analytical way of looking at decisions is called the decision-making process.

Hence, the correct answer is the option (E).

Question 2

Decision-making process is the process of analyzing the decisions in a rational amd analytical manner.

However, to undertake decision making process, we have to first identify a problem.

So, it can be stated that the first step in the decision making process is identifying the problem.

Hence, the correct answer is the option (A).

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