What is the psychological orientation of a decision maker who makes a maximin choice?

What is the psychological orientation of a decision maker who makes a maximin choice?
 
  A) optimist
  B) realist
  C) pessimist
  D) idealist

Question 2

In the late 1970s, Apple launched the Apple computer for individual use. It was a radical concept; there was no precedent for this type of product. Under these circumstances, Apple faced a situation of ________.
 
  A) certainty
  B) uncertainty
  C) risk
  D) necessity

Question 3

It is time for Jane to order aluminum tubing again. She typically orders from one of three vendors. She knows the price, delivery time, and quality of each vendor. In this situation, Jane has ________.
 
  A) certainty
  B) uncertainty
  C) risk
  D) structure

Question 4

When problems are ________, managers must rely on ________ in order to develop unique solutions.
 
  A) structured; nonprogrammed decision making
  B) structured; pure intuition
  C) unstructured; nonprogrammed decision making
  D) unstructured; programmed decision making

Question 5

Lower-level managers typically confront ________.
 
  A) unstructured problems
  B) new and unusual problems
  C) programmed decisions
  D) nonprogrammed decisions

Question 6

After nearly 30 years of growth, sales at Ida's company have begun to decline. None of the managers have been able to determine the cause.
 
  Some say the entire economy is in recession; others blame a change in suppliers; still others say the work ethic among employees just isn't what it used to be. This is an example of ________.
  A) a structured problem
  B) an unstructured problem
  C) a programmed problem
  D) a non-programmed problem

Question 7

Nonprogrammed decisions ________.
 
  A) involve standardized solutions
  B) are usually made by lower-level managers
  C) are associated with clear and specific goals
  D) are unique and nonrecurring

Question 8

Unstructured problems ________.
 
  A) refer to the usual problems faced by organizations
  B) are generally solved using procedures, rules, and policies
  C) are accompanied by ambiguous or incomplete information
  D) do not require the decision maker to go through an involved decision process