This quiz works best with JavaScript enabled. Home > Decision > Management > Decision Making – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Decision Making Quiz 7 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. (U1C4L1:V3)You evaluate or ..... to determine the value of something. A) Analyze. B) Criticize. C) Assess. D) None of above. Show Answer Correct Answer: C) Assess. 2. Per the lesson, which goal takes time, planning, and dedication. Hint page 237. A) Short. B) Intermediate. C) Long. D) None of above. Show Answer Correct Answer: C) Long. 3. Which is not a characteristic of a realistic goal? A) Challenging. B) Specific. C) Well thought out. D) Easy. Show Answer Correct Answer: D) Easy. 4. Which of the following refers specifically to leadership rather than management? A) Making tactical and operational decisions. B) Authority comes with position rather than action. C) Motivating and inspiring others. D) Instructing and coordinating subordinates. Show Answer Correct Answer: C) Motivating and inspiring others. 5. Nonhuman resources do NOT include? A) Money. B) Possessions. C) Health. D) Time. Show Answer Correct Answer: C) Health. 6. A choice that you make about a situation in your life A) Left brain. B) Decision. C) Perspective. D) Decision making model. Show Answer Correct Answer: B) Decision. 7. Which of the following stages in the family life cycle does a family typically downsize their house? A) Newlywed. B) Early parenthood. C) Late parenthood. D) Retirement. Show Answer Correct Answer: D) Retirement. 8. Compliance is a decision making strategy in which a person ..... A) Let someone else make the decision. B) Consider every possible option. C) Delay making a decision. D) Pick the option with the lowest level of risk. Show Answer Correct Answer: A) Let someone else make the decision. 9. The last step in the decision-making process is: A) Decide. B) Act. C) Evaluate. D) Examine Options. Show Answer Correct Answer: C) Evaluate. 10. ..... are decision made in routine, repetitive, well-structured situations through the use of predetermined decision rules. A) Programmed decisions. B) Non-programmed decisions. C) Decision making. D) Complicated decision. Show Answer Correct Answer: A) Programmed decisions. 11. Morris showed ..... when he admitted to his grandmother that he knocked over and broke the figurine on the coffee table. He offered to buy her a new one. A) Integrety. B) Goals. C) Attitude. D) Consequences. Show Answer Correct Answer: A) Integrety. 12. Which of the following questions measures a person's activity? A) Do you agree the U.S. medical system needs reform?. B) How important is it to you to try new food?. C) How often do you visit shopping malls?. D) Do you enjoy reading?. Show Answer Correct Answer: C) How often do you visit shopping malls?. 13. Which one of these definitions best describe Opportunity Costs? A) The cost of making one decision over another. B) The cost for the opportunity to buy anything you want. C) The opportunity that will cost you loads of money. D) None of above. Show Answer Correct Answer: A) The cost of making one decision over another. 14. When do scientists believe the brain fully develops A) In the teens. B) In the 20s. C) In the 30s. D) Never. Show Answer Correct Answer: B) In the 20s. 15. Why should you take responsibility for your decisions? A) You will get credit when you make a good decision. B) Admitting that you made a mistake shows strength of character, or integrity. C) People do not respect you if you blame others for your mistakes. D) All of the above. Show Answer Correct Answer: D) All of the above. 16. Which of these is an example of data is playing an increasingly important role in marketing decision-making? A) Online aptitude tests for job applicants. B) Automated inventory management systems. C) Dynamic pricing. D) Digital production capacity allocation. Show Answer Correct Answer: C) Dynamic pricing. 17. Generally, what time period are 'tactical' decisions made for? A) +10 years. B) 12 months. C) Hourly. D) Every second. Show Answer Correct Answer: B) 12 months. 18. What is a temporary decision you make with only the information you have at the moment? A) Tentative. B) Conflict. C) Compromise. D) Procrastination. Show Answer Correct Answer: A) Tentative. 19. What is an emergency fund? A) An investment. B) To pay for your school supplies. C) A financial safety net for future mishaps and/or unexpected expenses. D) When you want to buy an expensive gift. Show Answer Correct Answer: C) A financial safety net for future mishaps and/or unexpected expenses. 20. Major Decision includes all of the following but A) Buying a car. B) What to do after high school. C) What I should put on my toast. D) What career I should pursue. Show Answer Correct Answer: C) What I should put on my toast. ← PreviousNext →Related QuizzesDecision QuizzesDecision Making Quiz 1Decision Making Quiz 2Decision Making Quiz 3Decision Making Quiz 4Decision Making Quiz 5Decision Making Quiz 6Decision Making Quiz 8Decision Making Quiz 9Decision Making Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books