Programmed decisions Study guides, Class notes & Summaries

Information Management - application of management techniques to collect information, communicate it within and outside the organization, and process it to enable managers to make quicker and better decisions. Machine Learning - the science of getting computers to act and learn without being explicitly programmed AI - artificial intelligence; a collection of machine learning algorithms with a central unit deciding which of the ML algorithms need to kick in at what times what is data? - nu...

WGU C207 OA Partial test Questions with Answers What are the two potential uses of analytics?  To turn information into insight  To develop fact-based strategies Which two tools help users to understand processes?  Control charts  Flow charts A scale is used to measure the thickness of randomly selected steel rods used in construction. It is accidentally programmed to add 1mm to each rod. What is the resulting mistake representative of?  Systematic error Which type of result is pr...

COB 202 Final Exam (Only Chapter 9+10) Questions and answers. Decision Making - -Process of choosing a course of action for dealing with a problem or opportunity. Steps in Rational Decision Making: - -1.) Recognize and Define the Problem or Opportunity 2.) Identify and Analyze Alternative Course of Action 3.) Choose a Preferred Course of Action 4.) Implement the Preferred Course of Action 5.) Evaluate the Results and Follow Up as Necessary Lack of Participation Error - -Occurs when ce...

WGU - C483 Principles of Management Conceptual and Decision Skills Skills pertaining to the ability to identify and resolve problems for the benefit of the organization and its members Controlling The management function of monitoring performance and making needed changes Cost Competitiveness Keeping costs low to achieve profits and be able to offer prices that are attractive to consumers Emotional Intelligence The skills of understanding yourself, managing yourself, and deal...

WGU - C483 Principles of Management Conceptual and Decision Skills Skills pertaining to the ability to identify and resolve problems for the benefit of the organization and its members Controlling The management function of monitoring performance and making needed changes Cost Competitiveness Keeping costs low to achieve profits and be able to offer prices that are attractive to consumers Emotional Intelligence The skills of understanding yourself, managing yourself, and deal...

Henry Ford had a rule when hiring executives: "if they salted their food before they tasted it, then they would be poor decision makers and they were not hired." This is an example of - Answer-a programmed decision non-programmed decisions are associated with decisions made under conditions of - Answer-both uncertainty and risk A retail store uses a cognitive ability test to hire candidates for a managerial position. They have found when they use a cut-score of 115 (an above average IQ s...

Directive Leadership Style - Tells employees exactly what to do and the process necessary to do the task. Supportive leadership style - relates to the employees, asks them questions, and gives them encouragement. Participative leadership style - when a manager involves employees in decision-making and values their input. Universality of managerial functions - states that managerial functions are the same no matter what level of manager you are. acceptance theory of authority - states tha...

Clinical Guidelines in Family Practice 5th Edition Uphold Graham Test Bank Chapter 1 Health maintenance MULTIPLE CHOICE 1.A client is reviewing a videotape without the assistance of the nurse for instruction. The type of teaching strategy this client is using is considered: 1. demonstration. 2. slides. 3. programmed instruction. 4. discussion. 2.The nurse is instructing a client regarding food safety, injury prevention, and occupational health. Which of the following Healthy Peop...

Principles of Management CLEP Latest 2023 Already Passed Directive Leadership Style Tells employees exactly what to do and the process necessary to do the task. Supportive leadership style relates to the employees, asks them questions, and gives them encouragement. Participative leadership style when a manager involves employees in decision-making and values their input. Universality of managerial functions states that managerial functions are the same no matter what level of manager you are....

Eatright Prep Questions and Answers 100% Pass according to mintzberg, what are the management roles in the decisional category - Answer- entrepreneur disturbance handler resource allocator negotiator according to mintzberg, what are the managerial roles in the informational category - Answer- monitor disseminator spokesperson according to mintzberg what are the managerial roles in the interpersonal category - Answer- figurehead leader liason a coffee shop reported yearly sales of $...