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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?

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