Practice Introduction of Decision Making Questions and Answers

• In the decision-making process, which of the following is the most essential element required?
• Which of the following best describes the normative model of decision making?
• A phenomenon in which decision is taken by a group that conforms to majority opinion to maintain group harmony, is known as ____________
• What is the full form of PERT?
• Which of the following is not a characteristic of decision making?
• The synectics technique of problem solving that focuses on innovative and creative ideas to arrive at a consensus solution, was given by _____
• The __________ management function is most closely related to decision making.
• Bounded Rationality is also referred to as ___________
• Rohan wants to buy a laptop. He wants a laptop that has 5 GB RAM, cost less than Rs.30,000 and is light weight. Which of the following step of rational dec...
• Which of the following theory presents how people take decision when presented with alternatives that involve risk, probability, and uncertainty?
• What do we call a course of action purposely chosen from a set of options to achieve organizational or managerial objectives or goals?
• An employee forgoes promotion to avoid transfer to another city. This is a type of ________
• Which of the following is not a feature of Decision-making process?
• Which of the following are the four main styles of decision making?
• Which of the following decision is concerned with solving problems of structured nature?
• Which of the following decisions cannot be delegated?
• As per bounded rationality, the decision making is limited by certain factors like cognitive limitations. Cognitive limitations refer to _____
• The Delphi technique of decision making was developed by _________
• One technique of decision making is a type of brainstorming technique that requires participants to pen down the ideas individually and then rank the ideas...
• What type of bias relies too heavily on one piece of information in making a final decision?
• As per the behavioural theory of decision making by Herbert Simon, there are three essential stages in the act of problem solving and decision making. What...
• Chandra is planning a team-building weekend trip and wants the trip to take place at Goa. However, he is unable to find a venue that can accommodate the te...
• When the decision maker chooses the optimal solution to a problem that maximises the outcome, after careful analysis, it is known as ________
• Which of the following is a not feature of a programmed decision?
• A decision taken in response to a problem that has already taken place, is known as _____________
• As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
• Decision Matrix is a type of __________ technique of decision making.
• After a below normal monsoon season, the farmers suffered loss in the actual harvest for the year. The government released relief package for the farmers o...
• In a democratic decision-making style, the decision is based on inputs from _____
• Which of the following best describes a decision tree?
• Leaders use specific and different styles when contemplating decisions. One such style is the directive decision making style. Which of the following is/ar...
• Which of the following is NOT one of the biases in decision making?
• Rational decision making is a multi-step process starting with defining the problem. What is the next step in this process?
• Non-Programmed decisions address the _________ problems.
• Which of the following correctly defines decision making?
• Decision making process first requires identification of problem. Which of the following types of problems can be considered here?
• Which of the following style of decision-making focuses on long term?
• Which of the following is not a disadvantage of group decision making?
• A company is deciding on whether to buyout its competitor or not. One group is analysing all the pros of buying out while another group is listing down all...
• Which of the following style of decision-making is likely to conflict with bounded rationality theory?