Basic Decision Analysis MCQ
1. A(n) _____ is a situation in which something is obviously wrong or has the potential to go wrong.
Answer
Correct Answer:
Performance threat
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2. A person who satisfices fails to ________.
Answer
Correct Answer:
Maximize his or her decision
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3. An analysis that combines scenario analysis with sensitivity analysis is called _____ analysis.
Answer
Correct Answer:
Simulation
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4. In defensive avoidance, when a manager can't find a good solution, the manager follows with ____.
Answer
Correct Answer:
Procrastination, passing the buck, or denying the risk of any negative consequences
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5. With defensive avoidance, a manager can't find a good solution and follows by ____.
Answer
Correct Answer:
Procrastinating, passing the buck, or denying the risk of any negative consequences
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6. When it comes to decision making, it is accurate to say that groups _____.
Answer
Correct Answer:
Have higher decision-making accuracy when group members know a good deal about the relevant issues
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7. The rational model of decision making is also called the ________ model.
Answer
Correct Answer:
Classical
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8. The gap between an existing state and a desired state is referred to as ________.
Answer
Correct Answer:
A problem
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9. The essence of _____ is to choose the first solution available.
Answer
Correct Answer:
Satisficing
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10. A decision tree is ____.
Answer
Correct Answer:
A graph of decisions and their possible consequences
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11. _____ refers to the process of identifying problems and then resolving them.
Answer
Correct Answer:
Decision-making
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12. When you write an unsolicited cover letter, ________.
Answer
Correct Answer:
Require more research than solicited letters.
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13. In a(n) _____, team members prepare to lunge at each other to achieve their objectives.
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14. Unstructured problems are ________.
Answer
Correct Answer:
Force managers to deal with incomplete or ambiguous information
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15. The classical model of decision making is based on _____ assumptions.
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16. The perceiver, the context, and ___________________ all impact perception.
Answer
Correct Answer:
The target.
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Decision Analysis MCQs | Topic-wise
