QUESTION 1

1. 1. THE FIRST STEP IN THE DECISION-MAKING PROCESS, AS DESCRIBED IN CHAPTER 7, IS TO IDENTIFY AND DEFINE THE PROBLEM.

   True

   False

10 points

QUESTION 2

1. 2. IN CHAPTER 7, DATA AND INFORMATION HAVE IDENTICAL MEANINGS.

   True

   False

10 points

QUESTION 3

1. 3. MANAGEMENT WITH ANALYTICS, INVOLVES SYSTEMATIC GATHERING AND PROCESSING OF DATA TO MAKE INFORMED DECISIONS.

   True

   False

10 points

QUESTION 4

1. 4. MANAGERS, AS ILLUSTRATED IN CHAPTER 7, IN FIGURE 7.3, SERVES AS INFORMATION PROCESSORS BUT NEVER AS NERVE CENTERS FOR PLANNING, ORGANIZING, AND CONTROLLING.

   True

   False

10 points

QUESTION 5

1. 5. THE MOUNT EVEREST CASE IN CHAPTER 7, ILLUSTRATES THE NEED TO COMPLETE TH FOUR ETHICS CRITERIA.

   True

   False