Mgt/350 Final Examination Study Guide

Topics: Critical thinking, Decision making, Logic, Decision theory, Reasoning, Problem solving / Pages: 8 (1804 words) / Published: Mar 11th, 2013
MGT/350 Final Examination Study Guide

This study guide prepares you for the Final Examination you complete in the last week of the course. It contains practice questions, which are related to each week’s objectives. Highlight the correct response, and then refer to the answer key at the end of this Study Guide to check your answers.

Use each week’s questions as a self-test at the start of a new week to reflect on the previous week’s concepts. When you come across concepts that you are unfamiliar with, refer to the Student Guide for that particular week. The Student Guide provides a breakdown of the readings that align to the Final Examination questions.

Week One: Characteristics of Critical Thinking and Decision Making

Objective: Describe critical thinking and its importance and benefits to decision making.

1. Decision tools and techniques influence the use of critical thinking in decision making. According to the decision steps model, what is a proper response when an unstructured problem is presented? a. Implement a decision. b. Measure the impact of a decision. c. Frame the problem. d. Frame alternatives.

2. Decision opportunities arise when problems or opportunities are recognized through critical thinking. Which of the following components may be a reason that managers ignore problems? a. A lack of intellectual empathy makes it difficult to recognize stakeholder considerations. b. The manager’s sense of urgency toward problems precludes action. c. The manager prefers risk over certainty. d. The manager is exercising intellectual courage in the face of resistance to problem solving.

Objective: Analyze different types of thinking.

3. Jane has a term paper due, a sick child who needs her attention, and a major project due at work. To save time, she decides to submit a paper for school that is less than her best, but will earn a passing grade. The best description of Jane’s approach is a. optimizing b.

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