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MGT 350 Final Exam 1

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MGT/350 Final Exam
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1) Critical thinking may be stored for use in future decision making.
Examples of mechanisms used to “store” critical thinking for future
programmed decisions include
A.
a Stakeholder Analysis
B.
a Pareto Chart
C.
a regression analysis
D.
a troubleshooting decision tree
E
.
a SWOT Analysis
2) Decision tools and techniques influence the use of critical thinking in
decision making. According to the decision steps model, what is a
proper response when an unstructured problem is presented?
A.
Frame alternatives
B.
Implement a decision
C.
Measure the impact of a decision
D
.
Frame the problem
E.
Make the decision
3) Bill Simmons is the manager of a small restaurant and must decide
how much money he owes his suppliers. The best way for Bill to
approach this as a critical thinker is to
A.
weigh the consequences of this decision
B
collect and analyze the evidence

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.
C.
identify opportunities and obstacles
D.
understand different perspectives on the issue
4) A critical thinker balances effectiveness and efficiency when deciding
how to approach a problem. Depending upon the situation, a proper
approach may be to do nothing, to use a ready-made solution, or to
design a custom made solution. Choosing a ready-made solution, rather
than designing a custom made solution, implies
A.
more time spent evaluating alternatives
B.
increased costs
C.
greater specificity to the circumstances of the current problem
D
.
time savings
E.
gathering diverse perspectives
5) Jane has a term paper due, a sick child who needs her attention, and
a major project due at work. To save time, she decides to submit a
paper for school that is less than her best, but will earn a passing grade.
The best description of Jane’s approach is
A.
analyzing
B.
optimizing
C
.
satisficing
D.
creativity
6) When faced with a decision opportunity, a critical thinker must sort
through a variety of readily apparent symptoms in order to focus on
important considerations that may be hidden. Based on the decision

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steps model, when framing a problem a helpful step is to
A.
develop a contingency plan
B.
determine root causes
C.
measure the decision
D.
frame alternatives
E
.
evaluate effects of the problem
7) Critical thought involves the consideration of diverse perspectives.
Disadvantages of group decision making include
A.
all of the above are disadvantages of group decision making
B.
increased security of confidential information
C
.
a process that is more time consuming
D.
a decision that accounts for the interests of diverse stakeholders
E.
a more autocratic environment
8) Tactics for increasing the diversity of opinion brought to bear on a
decision include
A.
following the chain of command
B
.
brainstorming
C.
reliance on precedent
D.
an autocratic decision process
E.
reference to the policy manual

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Anonymous
Just what I was looking for! Super helpful.

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