Question
Which of the following is a Multiple Criteria Decision
Analysis technique that presents a series of values in columns and rows that allow you to visually compare possible solutions by weighing variables based on importance?Solution
Decision matrix method was invented by Professor Stuart Pugh and is also called as Pugh method. It is also called the decision grid, selection matrix or grid, problem matrix, problem selection matrix, A decision matrix evaluates and prioritizes a list of options and is a decision-making tool. The team first establishes a list of weighted criteria and then evaluates each option against those criteria. This technique is primarily used when various alternatives are available and many different parameters are to be considered for making a selection
When our decision about the ability of a person is influenced by the general impression we have of the individual, our decision is said to be impacted b...
A decision that lacks reasoning is ________
In an organization the delegation of authority results in prompt ________
Which of the following is an intuitive decision?
A decision matrix is a technique of decision making developed by ______
The sales head is setting the sales target of the month for each team member. This is a ________ decision.
When the decision making is completely left to the team members, it denotes _______ style of management.
A decision that is based on bad logic and reasoning is suffering from which of the following?
____________ refers to an organized technique of decision making in which team members usually note down their opinions and ideas and settle on the idea...
Which of the following is a non-programmed decision?
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