Bachelor of Science in Engineering Management: Strategic Decision Making Flashcards

What is the primary objective of engineering management?

Answer: To apply engineering principles to business practice

Engineering management involves applying engineering principles to business practices, combining technological problem-solving with organizational, administrative, and planning abilities.

What is the process of decision-making primarily associated with in management functions?

Answer: Planning phase

Decision-making and problem solving are used in all management functions, but they are primarily considered part of the planning phase.

Which model of decision-making assumes a rational and completely informed decision-maker?

Answer: Rational model

The rational model assumes a rational and completely informed decision-maker who follows steps like intelligence, design, choice, and review to make decisions.

What type of decision-making involves scenarios that are new or novel and lack proven answers?

Answer: Unprogrammed decision

Unprogrammed decisions involve new or novel scenarios without proven answers, requiring unique and tailored decision-making solutions.

What does the political view of decision-making emphasize?

Answer: Personalized bargaining process

The political view sees decision-making as a personalized bargaining process driven by participants' agendas, rather than rational processes.

Which type of decision is repetitive, follows predetermined rules, and uses company policies?

Answer: Programmed decision

Programmed decisions are repetitive, follow predetermined rules, and are based on previous successful outcomes, often using company policies.

What is the main focus of information collection in decision-making?

Answer: Sensing the organizational environment

Information collection in decision-making involves understanding the organizational environment and its factors to make informed choices.