Question

27. A disadvantage of the ____ decision-making model is that it does not use ethics.

	a.	behavioral
	b.	classical
	c.	administrative
	d.	bureaucratic
	e.	sequential

29. Will is evaluating a stack of resumes and eliminates any candidate that does not hold a Master’s degree. Which

      criterion for evaluating a decision alternative do these candidates fail to meet?

	a.	Feasibility
	b.	Satisfactoriness
	c.	Affordability
	d.	Consequences
	e.	Rationality

they created and helped grow. This is an example of
30. Entrepreneurs often have a hard time psychologically if they decide to sell the business because it feels like a child

	a.	optimization.
	b.	bounded rationality.
	c.	satisficing.
	d.	synergy.
	e.	escalation of commitment.

45. Goals are classified according to their ____ when the terms quality, productivity, and innovation are applied to them.

	a.	area
	b.	specificity
	c.	time frame
	d.	function
	e.	level

46. In a manufacturing company, you will most likely find more

	a.	long-term than short-term operational goals.
	b.	long-term than short-term strategic goals.
	c.	short-term than long-term functional goals.
	d.	long-term than short-term tactical goals.
	e.	short-term than long-term strategic goals.

Answer 1

27. b. Classical decision-making model’s disadvantage is that it does not use ethics. Whereas the remaining ones are not relevant decision-making models.

29. b. Satisfactoriness’ criterion for evaluating a decision alternative do these candidates fail to meet. Whereas the remaining ones are not applicable in this context.

30. b. Bounded rationality is something that this exemplifies when entrepreneurs often have a hard time psychologically if they decide to sell the business because it feels like a child. Whereas the remaining terms are not appropriate in this context.

45. a. Area is something according to which goals are classified when the terms quality, productivity, and innovation are applied to them. Whereas the remaining ones are not relevant in this context.

46. c. Short Term than Long Term Functional Goals is something that you will most likely find more in a manufacturing company. Whereas the remaining ones are not applicable in this context.

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