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What are the activities include in Decision Making?

1. According to Learning from Experience: “David Hoover, CEO of the Ball Corporation”, the Ball Leadership team meets monthly to:
a.
monitor critical problems and is currently working on dozens of these issues.
b.
mediate conflict between individual employees.
c.
discuss the financial situation of the various departments at Ball.
d.
monitor the implementation of tactics


ANS:  A                  

     2.   According to Learning from Experience: “David Hoover, CEO of the Ball Corporation” when the BLT met to discuss the question of “Why is there a Ball?” the participants in the panel
a.
wanted to leave because they felt the question was too philosophical. 
b.
wanted to leave because they thought the answer was obvious. 
c.
participated actively, developed a new core purpose statement and discussed the values that drive the company.
d.
participated passively by identifying one aspect of the Ball Corporation ideals that was no longer applicable to the company at it’s current size. 


ANS:  C                  

     3.   ____ includes defining problems, gathering information, generating alternatives, and choosing a course of action.
a.
Objective Probability
b.
Problem Abatement
c.
Bounded Rationality
d.
Decision Making


ANS:  D                   

     4.   Decision making::
a.
includes defining problems, gathering information, generating alternatives, and choosing a course of action.
b.
includes reaching a social consensus.
c.
is the condition under which individuals are fully informed about a problem, alternative solutions are known, and the results of each solution are known.
d.
is focused solely on benefits and costs analysis and determination of rights.


ANS:    A