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Practice Introduction of Decision Making Questions and Answers

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?
_____________ refer to decisions that employees make each day to make the organization run.
The bounded rationality model can be used in the following situations except when __________
SWOT analysis is done by managers to help evaluate various options and make a decision. What does O in SWOT stand for?
Which of the following is not a quantitative technique of decision making?
As per Herbert’s Decision-making theory, the stage in which the final decision is made is referred to as ______
The tendency to blame others when things go wrong, instead of looking objectively at the situation is known as __________ bias.
What is the first step in the decision-making process?
Why is it crucial to clearly define the problem in decision-making?
What is the purpose of identifying possible solutions in decision-making?
How does brainstorming contribute to identifying possible solutions?
What criterion is essential when selecting the best solution in decision-making?
How does prioritizing criteria contribute to selecting the best solution?
Why is it necessary to eliminate other solutions in the decision-making process?
What can be a consequence of not eliminating other solutions before making a decision?
What does the final step, making the decision, involve?
How does effective communication contribute to the decision-making process?
What is a common barrier to accurately identifying a problem?
What is the significance of involving relevant stakeholders in problem identification?
Why is it important to consider ethical implications when identifying possible solutions?
What is a potential drawback of relying solely on intuition when identifying possible solutions?

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