Options for drop down box: Match each situation with the decision-making or prob

Question

Options for drop down box:

Match each situation with the decision-making or problem solving term that best describes it. Answer Key Terms Descriptions Problem solving If you invest more in marketing your new product line it may increase sales, but it is not guaranteed to do so. You are about to meet with Mary to discuss her ideas about why the extruder machine keeps breaking. You need to decide which job candidate to hire as your new account representative. You are trying to decide whether or not to expand your manufacturing facility, but it is impossible to know whether or not the increased demand for your products will be permanent. Decision-making Condition of risk C. Condition of uncertainty Use your knowledge of decision-making and problem solving to select the term that best completes the sentence. Decisions made in organizations can be classified according to frequency and to Use your knowledge of decision-making and problem solving to determine which term best represents the given example. Example of Managerial Work You have to figure out which friends you will go out with on Saturday You need to identify how to better motivate your employees. Decision-making Problem Solving

Explanation / Answer

If you invest more in marketing your new product line it may increase sale, but it is not guaranteed to do so - Condition of uncertainty because it is not clear whether the sales will get increased or not

You are about to meet with Mary to discuss her ideas about why the extruder machine keeps breaking - Problem solving because you are discussing the problem with Mary and how to solve the problem

You need to decide which job candidate to hire as your new account reprsentative - Decision making because you need to make a decision regarding the candidate, whether he/she needs to be hired or not

You are trying to decide whether or not to expand your manufacturing facility, but it is impossible to know whether or not the increased demands for your products will be permanant - Condition of risk because you cannot determine whether future demand will be there or not, creating risk

Decisions made in organizations can be classified according to frequency and to information conditions.

You have to figure out which friends you will go out with on Saturday - Decision Making

You need to identify how to better motivate your employees - Problem solving

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