Application of Decision Making: A Contingency Approach
It seems that all Dave accomplishes is making decisions. Every time he turns around, someone wants him to decide on one more thing. Just today the secretary came in and asked if she could reorder paper for the fax machine. Somehow that seemed like a decision he really did not need to deal with. If he could avoid those types of decisions, then when the foreman came in with the news of a major piece of equipment that needs repair, in which the repair bill will be almost as much as a new machine, Dave could focus more time and attention on the more complicated issues.
-According to Herbert Simon, having the copy machine repaired at 3 times the cost of having it replaced would be an example of
A) a policy.
B) a nonprogrammed decision.
C) suboptimization.
D) a well- structured decision.
Correct Answer:
Verified
Q2: When a manager engages in behaviors that
Q3: Because bounded rationality affects most managers, decisions
Q4: The supplier is late with the order
Q5: Jane just conducted the performance appraisals of
Q6: Herbert Simon, an economist and management scholar,
Q7: Jay tends to always look at the
Q8: Application of Decision Making: A Contingency Approach
It
Q9: When a plant manager who is trying
Q10: _implies that the outcome of every alternative
Q11: Which of the following is not an
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents