Answer the following statements true (T) or false (F)
1. Most managers have just one dominant decision-making style.
2. You can increase your ability to influence others by being aware of decision-making styles.
3. To be compliant with current federal legislation, all for-profit companies are required to have an ethics officer.
4. A cost-benefit matrix is a graph of decisions and their possible consequences and is used to create a plan to reach a goal.
1. FALSE
Research shows that very few people have only one dominant decision-making style. Rather, most managers have characteristics that fall into two or three styles. Studies also show that decision-making styles vary across occupations, job level, and countries. There is not a best decision-making style that applies to all situations.
2. TRUE
You can use knowledge of decision-making styles to increase your ability to influence others, to understand yourself, and to help you deal with conflict by giving you an awareness of how people can take the same information and yet arrive at different decisions by using a variety of decision-making strategies.
3. FALSE
Many (but not all) companies now have an ethics officer, someone trained about matters of ethics in the workplace.
4. FALSE
A decision tree is a graph of decisions and their possible consequences; it is used to create a plan to reach a goal.
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