ism

Of the decisions/activities listed, which would be considered unstructured decisions?

Capital budgeting decisions Strategic goal development

Which of the following performance areas are commonly observed by middle managers and operational managers?

Choice Sales , Choice Employee performance , Choice Adherence to organizational guidelines

Select the true statements about the balanced scorecard method for decision making.

Choice The balanced scorecard framework was developed by Robert Kaplan and David Norton and is used to structure an organization's strategic plan and goals. , Choice In order to get the information they need to create a balanced scorecard, managers rely on output provided from executive support systems (ESS). , Choice Measurable outcomes on a balanced scorecard include financial, internal business processes, learning and growth, and customers.

Today's Behavioral scientists have created behavioral models that identify actual management behaviors. Based on their observations, researchers offer a set of five management attributes. Which of the following are contemporary management behaviors?

Currency of information Fragmented activities Perform work at a fast pace

Which of the following should be considered when evaluating alternatives?

Disadvantages Costs

Select the true statements about the analytical hierarchy process (AHP) model.

Intricate situations and scenarios are analyzed by deconstructing the problem into a visible hierarchy that can be analyzed through comparison. Allows for many variables or conditions to be considered and prioritized, resulting in the selection of the best alternatives or projects. A multi-criteria programming model that uses an analytical hierarchy process for decision making.

The analytical hierarchy process (AHP) is a multi-criteria programming model that uses an analytical hierarchy process for decision making in multifaceted operational environments. Data included in an AHP model includes which of the following?

Observational data Data from enterprise systems Qualitative data

The classical model of management describes what managers do. Classical management theorist Henry Fayol identified the five classical functions of managers which includes:

Organizing Coordinating Planning

Which of the following are considered financial outcomes/measures?

Revenue , Choice Return on Investment (ROI) , Choice Cashflow

Select the true statements about structured management decisions.

Structured decisions are regularly made by individual employees and teams and frequently include operational decisions. Structured decisions involve tasks and choices that are routine. Structured decisions are made easier through the creation of defined processes and procedures.

Select the true statements about unstructured management decisions.

Unstructured decisions are often executed by higher-level management and include strategic decisions such as market entry or exit, capital budgeting, and strategic goal development. Unstructured decisions involve management insight and judgment.

The belief outcome _ (BAO) framework is a method for structuring research questions that are interconnected with information systems within an organization. These questions often surround sustainability and online sustainability reports.

action

Herbert Simon identified a four-stage process for decision making. The second step of the process is _. This process includes the identification and exploration of the solutions to a problem. Managers often ask, "What are the possible solutions?

design or designs

Management _____ give managers the ability to search data sets for information that is needed for a specific decision. Members of the organization predefine the filters and design them to eliminate the time-consuming task of searching through large volumes of data and helps to avoid management bias and predefined subjective interpretation.

filters

Because it can be completed without the use of statistical analysis software, the _ Whys is a popular method that is used to assess the underlying cause of a problem or to better understand the different causes of a problem.

five or 5

According to Mintzberg, there are three categories of management roles. One of these categories is_ roles where managers represent their business to stakeholders outside the organization and perform a number of figurative responsibilities such as communicating with the public and recognizing employee performance

interpersonal

A number of researchers in psychology and economics uncovered the fact that managers, for the most part, are not very good at assessing risk and most are risk-averse. They do not like to make decisions that could be interpreted as "risky." Additionally, most managers make decisions based on intuition, perception, and feelings about the issue. As a result, risk _systems are often developed to mitigate the human impact on decision making.

management

Quantifiable values that validate how effectively an organization is accomplishing significant business objectives are called key _indicators (KPIs). For example, a KPI for an e-commerce business might measure how well they meeting customer expectations. A KPI can be established that tracks the frequency that the customers are receiving the exact products they ordered.

performance

First developed by Thomas Saaty, the analytical hierarchy _ (AHP) is a multi-criteria programming model that uses an analytical hierarchy process for decision making in multifaceted operational environments.

process

First developed by Thomas Saaty, the analytical hierarchy __ (AHP) is a multi-criteria programming model that uses an analytical hierarchy process for decision making in multifaceted operational environments.

process

Decision making involves the examination of well-defined _ , Correct Unavailable_ alternatives designed to overcome a problem.

solution

The response to an identified problem, a _ is the method to overcome a problem.

solution

Management decisions that involved tasks and choices that encompass prescribed and definite procedures for how they should be handled are referred to as _ decisions.

structured

Decision making that is executed by computers through algorithms and software that can process data at a face pace is referred to as high- _decision making. Software designed for this type of decision making is created by humans and is designed to identify issues, find solutions to these issues, and implement the programs needed to overcome these issues with an emphasis on transactional speed.

velocity

Software that is created by humans and is designed to identify issues, find solutions to these issues, and implement the programs needed to overcome these issues with an emphasis on transactional speed is referred to as high- _____ decision-making software.

velocity