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AMS 101 - Principles of Management I

AMS 101 - Principles of Management I

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What is the definition of decision making?

Evaluating the strengths and weaknesses of each possibility

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Making choices among alternative courses of action

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Implementing standard procedures for routine situations

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Generating new and imaginative ideas

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What is the intuitive decision-making model?

Arriving at decisions without conscious reasoning

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Limiting options and choosing the best alternative without exhaustive search

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Evaluating the level of creativity in the decision-making process

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Making decisions based on formal steps to maximise outcomes

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What are programmed decisions?

Decisions made in response to routine situations that occur frequently

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Unique and important decisions that require conscious thinking

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Decisions made without conscious reasoning

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Decisions that set the course of an organisation

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Which management function involves monitoring activities to ensure they are being accomplished as planned?

Controlling

Leading

Which control method involves evaluating employees' output, using a reward system to encourage performance, and is effective across multiple business departments?

Financial control

How do effective managers lead subordinates?

Through isolation and distance

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Through strict micro-management

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By avoiding informal sources of influence

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