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Answeer Sheet

This document contains an activity sheet for a management science module. It includes: 1. A true/false quiz about management science definitions and characteristics. 2. A request to create a poster comparing management science to something and explain it briefly. 3. Questions about factors considered in decision-making, like buying decisions. 4. Exercises on vocabulary, decision-making elements, characteristics of management science, and filling in blanks with key terms.

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John Lloyd Llanan
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70 views6 pages

Answeer Sheet

This document contains an activity sheet for a management science module. It includes: 1. A true/false quiz about management science definitions and characteristics. 2. A request to create a poster comparing management science to something and explain it briefly. 3. Questions about factors considered in decision-making, like buying decisions. 4. Exercises on vocabulary, decision-making elements, characteristics of management science, and filling in blanks with key terms.

Uploaded by

John Lloyd Llanan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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MANAGE ME N

S C IE NC
UNIT I
MODULE 2
ANSWER SHEETS
MANAGEMENT SCIENCE -
DEFINITION & CHARACTERISTICS

MGT1NEW-Management MELANIE A. ABIENDO, MBA


Pre-Assessment:

Activity #1: Let’s TEST YOUR MASTERY!

I. TRUE OR FALSE? Write T if the statement is


correct and X if it is wrong. If you are not sure of your answer,
DON’T WORRY! You may guess. What is important is that you
give an answer. Write your answer on the blank space provided
before the number.

T 1. Management science provides the managers with a qualitative basis for


decision-making.

T 2. Decision-making is inherent to management science and problem solution.


T 3. Management science is also termed as operation
management

T 4. Management science applies scientific method.

T 5. Decision-making is a selective process

II ENUMERATION

A. What are the elements of decision making?


1. Concept of Best Decision
2. Organizational Environment of the Company
3. Psychological Elements
4. Timing Decision
5. Communication of Decision
6. Participation of Employees
B. What are the steps in the scientific method?
1. Observation
2. Experimentation
3. Analyse data
4. Form conclusion and solutions

Now, CHECK your own answers. For the ANSWER KEY, please refer to the last page of this
module.

What is your score? Do you think you need to learn more?

I got 12 right. I think I need to understand management more deeper to better know its
functions and purpose.

MGT1NEW-Management MELANIE A. ABIENDO, MBA


Activity #2:
Compare management science into something and make a poster about it.

Explain briefly your poster.

MGT1NEW-Management MELANIE A. ABIENDO, MBA


The main elements in decision we make is Choosing what is best, because
just by choosing any decision may lead to failures and errors. But taking time to think
about it and contemplating on the options and ideas you have you will be able to
come up with a better decision than just doing what you first thought of.
Choosing what is best will make any situation easier and will save some time
and effort. It will also help to improve our critical thinking skills in making wise

It is necessary for us to communicate or decision to others so that we can get


some feedbacks and suggestions from others and also get some approval. Its best to
have someone to help you with the decisions we have made so that it will be easy to
execute the decision made. And others would also understand the reason why you did
that decision, people will be able to know your thoughts in making such decision and it
will avoid misunderstanding and misinterpretation from others.
Being able to share your decision with others may give ideas to others to make
the same decision once they might encounter the situation you have.

ACTIVITY #4: Action Application


Ask friends, relatives, and others about making sound decision. What are the
Factors they considered in decision-making, for instance, in buying decision?

ANSWER:In buying, my relatives consider the cheapest or the most affordable option in order
to save money. In choosing the affordable option they also make sure that it also has
quality. And they said that in buying we should be practical in choosing on what we want
and what we really need, our need is more important than what we want so in buying our
needs always comes first.
And in buying there should be list of the things you will buy to avoid impulse buying
and to budget the money you will be using in buying the things in your list.

MGT1NEW-Management MELANIE A. ABIENDO, MBA


POST-ASSESSMENT/UNIT EXERCISES.

“Blessed is the man who perseveres under trial, because when he


has stood the test, he will receive the crown of life that God has
promised to those who love Him.” James 1:12

Name:_______________________________________
Section:_________
Class Schedule:______________ Score:__________

DO NOT LEAVE ANY PART & QUESTIONS


UNANSWERED
Begin here!

I. Vocabulary. Define the following terms and use them to write a short essay
about the application of management science in an organization:

a. Management science
Management science is the process of
b. Decision-Making
c. Interdisciplinary
d. Scientific Methods

Short Essay:

II. Expository Writing

1. Discuss briefly one element of Decision-Making and Its significance.

One concept of decision-making is the Concept of Best Decision, it is the first step in
decision making it enumerates the best possible decision needed to solve different problems
faced by the company. It is important to pick the best solution or decision in order to have a great
result. In every company there are a lot of decisions to be made there are a lot of options listed
and the one in charge must make very smart and wise decision in choosing.
Having the best decision in every step of the management helps lessen the risk of errors
and failures. The concept of best decision gives the company a clear point of view on the
expected result our outcome of the decision made. Having the best decision also gives the best
outcome.

2. Select one characteristic of Management Science and explain your choice.

MGT1NEW-Management MELANIE A. ABIENDO, MBA


I choose Decision making, because decision making has always been a part of every
business. Decision making enables a business or even a certain person to think of
different best possible ways and solution for certain activities, projects, and many more
situations that needs a wise way of thinking. Decision making gives the opportunity to
enlist this all the options you have in mind and later on you can pick for the smartest and
the best option suited for your current situation.

III. Fill in the blanks:


1. Modern managers have to be a (1) scientist with extensive knowledge of the elements of (2)
decision-making.
2. Management science is the application of (3) scientific method to problems relating to
operations of business organization.
3. Management science is a concept that is “concerned with developing and applying (4) models
and concepts that help to illuminate issues and solve (5) managerial problems.

MGT1NEW-Management MELANIE A. ABIENDO, MBA

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