Which of the Following Is True of Decision Making

question 71

Multiple Choice

Which of the following is true of decision making?

• A) Making a decision and not acting on it is better than not making a decision at all.
• B) Identifying relevant information means that the manager has complete information.
• C) In order to implement the chosen alternative, many subsequent and related decisions must be made.
• D) Effective managers prefer planning for the future rather than conducting a retrospective analysis.
• E) If the advantages of an alternative are significantly high, its disadvantages need not be evaluated.

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Definitions:

Predetermined Time Standard

A method used in industrial engineering and time management to estimate the time required for completing a task based on standard time units.

TMU

Time Measurement Unit, a standard unit used in time study and work measurement for setting standard times for tasks.

Time Measurement Unit

A standard unit of time used in work measurement and time studies to assess the time required for tasks.

Therblig

A basic motion element used in motion study to analyze the physical movements needed to perform a manual operation or task.