PHL 320 Week 2 Knowledge Check | eBooks | Education

PHL 320 Week 2 Knowledge Check

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PHL 320 Week 2 Knowledge Check

https://uoptutorialstore.com/category/phl-320/

 

PHL 320 Week 2 Knowledge Check

 

 

Concept: The stages of decision making

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mastery 100% Questions ·         1

 

·         2

·         3

 

 

Materials on the concept

 

 

 

 

    • The Stages of Decision Making

 

 

    • Managerial Decision Making

 

 

    • Making the Choice

 

 

 

1.

Which stage of the decision-making process precedes the stage of generating alternative solutions to a problem?

Evaluating the alternative solutions to the problem at hand

Identifying the problem and recognizing that it must be solved

Evaluating the final decision by analyzing how well it works

Selecting the best course of action to solve the problem

2.

Identify the last step of the decision-making process.

Evaluating the decision

Evaluating the alternatives

Identifying the problem

Implementing the decision

3.

Cho, a manager at Freshtrans Corp., a potato chips manufacturing company, notices a sharp decline in the company’s revenues. She asks her team to diagnose the issue and suggest ways of recovering the lost revenue. When Alex, one of her team members, suggests a solution to overcome the problem, Cho immediately decides to use Alex’s suggestion without urging her team to contribute any more suggestions. Cho claims that Alex’s idea is feasible and that they have neither the time nor the information to evaluate other alternatives at this point. Which of the following concepts of decision making has Cho most likely applied in this scenario?

Maximizing

Optimizing

Satisficing

Minimizing

 

Concept: Organizational decision making

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mastery 100% Questions ·         4

 

·         5

·         6

 

 

Materials on the concept

 

 

 

 

    • Organizational Decision Processes

 

 

    • Organizational Decision Making

 

 

  • Decision Making in a Crisis

 

PHL 320 Week 2 Knowledge Check https://uoptutorialstore.com/category/phl-320/ PHL 320 Week 2 Knowledge Check Concept: The stages of decision making Mastery 100% Question
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