FA 4 T or F Flashcards
Technology has improved decision-making through tools like decision support systems (DSS).
True
Managers should always prioritize quick decisions over thorough analysis.
False
Management is applicable only in business organizations.
False
Decision-making requires both analytical and creative thinking.
True
Decision-making is only relevant for top management.
False
The management process consists of planning, organizing, leading, and controlling.
True
A decision is considered effective when it aligns with the organization’s goals.
True
Management requires aligning individual goals with organizational objectives.
True
Decisions made during crises are usually based on comprehensive analysis.
False
Alternative solutions should always be evaluated based on both qualitative and quantitative criteria.
True
Managers focus solely on achieving organizational goals without considering employees’ welfare.
False
The systems approach was influenced by advancements in technology and complexity in organizations.
True
Managers should avoid involving employees in decision-making processes.
False
Decision-making models help simplify complex problems.
True
Opportunity costs are irrelevant in managerial decision-making.
False
The classical approach to management does not consider employee satisfaction.
True
The management process is cyclical and ongoing.
True
Selecting the best alternative is the final step in decision-making.
False
The decision-making process is affected by organizational culture.
True
Management involves making decisions to achieve organizational goals efficiently.
True
