In the decision-making process, after allocating weights to the decision criteria, the decision maker lists viable alternatives that could resolve the problem.
Indicate whether the statement is true or false.
Question 2A decision criterion defines what is important or relevant to resolving a problem.
Indicate whether the statement is true or false.
Question 3Which of the following is important in effectively implementing the chosen alternative in the decision-making process?
A) evaluating each alternative by using the established criteria
B) being creative while implementing the alternatives
C) allowing those impacted by the outcome to participate in the process
D) ignoring criticism concerning your chosen alternative
Question 4Max is planning to go away to college next year and is currently trying to figure out which colleges he should apply to.
He would like to major in English Literature at an accredited liberal arts college, but is also looking for a university that offers financial aid. In terms of the decision-making process, these represent Max's ________.
A) problems
B) alternatives
C) decision criteria
D) heuristics
Question 5Amanda, a single parent, is looking for a new job.
Considering that she has two school-going children, she is particularly keen on finding an employer who can provide her with alternative work arrangements such as flexible work hours and telecommuting. In terms of the decision-making process, these represent Amanda's ________.
A) decision criteria
B) problems
C) alternatives
D) heuristics
Question 6To determine the ________, a manager must determine what is relevant or important to resolving a problem.
A) bounded rationality of a decision
B) escalation of commitment
C) cost of implementation
D) decision criteria
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