Exam 1 - Managerial Decision Making Flashcards

1
Q

Name the Decision-Making steps.

A
  • Problem definition
  • Formulation of alternatives
  • Evaluation of alternatives
  • Commitment
  • Continuing assessment (F/U)
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2
Q

What does “PEC FC” stand for?

A

P - problem definition
E - evaluation of alternatives
C - commitment

F - formulation of alternatives
C - continuing assessment (F/U)

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3
Q

What is often the weakest part of the decision process?

A

Follow-up

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4
Q

What are the two types of decisions?

A

1) Programmed

2) Non-programmed

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5
Q

What type of decisions do pharmacy technicians usually perform?

A

PROGRAMMED

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6
Q

T/F: Pharmacists make both non-programmed and programmed decisions.

A

TRUE

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