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Rio Tinto

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Rio Tinto - Managers as Decision Makers

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Questions 10

Answers

1
What is one of the decision makers style?
Linear
Strategic
Structured
Non-structured
2
When was Rio Tinto founded?
1872
1999
1873
1875
3
How many steps are in the decision making process?
5
8
100
12
4
What are the two main types of problems and decisions? (more than one)
Linear/Non Linear
Unstructured/Non-Programmed
Structured/Programmed
Certainty/ Uncertainty
5
Whats the take home message from this presentation?
Key role of Rio Tinto is the development of entrepreneurship
Profitability is the main aim to achieve success
Environmental responsibility should not be the focus
Effective decision making drives business success
6
What decision making guidelines assist in today's globalised world?
Ability to think clearly
Uniformed labour force
Authoritative leadership style
Ability to generate profit
7
Who was Rio Tinto founded by?
Jean-Sébastien Jacques
Tom Albanese
Hugh Matheson
Stephen Hawking
8
What is Rio Tinto's share price? (4th May)
$81.04
$80.94
$80.90
$83.49
9
Which is not an issue faced by Rio Tinto?
Profit generation
Workplace safety
Heavy reliance on Chinese market
Environmental
10
What should be avoided in the decision making process?
Waste management
Rationality
Decision making biases and errors
Evidence