This quiz works best with JavaScript enabled. Home > Economics > Decision > Management > Decision Making – Quiz 10 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Decision Making Quiz 10 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The second step of decision making is A) List your options. B) Identify the problem. C) Outline the consequences. D) Make the decision. Show Answer Correct Answer: A) List your options. 2. Selecting among alternatives is the process of A) Transferring. B) Rethinking. C) Problem-solving. D) Decision-making. Show Answer Correct Answer: D) Decision-making. 3. The second step in the decision-making process is to: A) Analyze and study your options. B) List your resources and think about alternatives. C) Identify the decision to be made. D) Evaluate the consequences. Show Answer Correct Answer: B) List your resources and think about alternatives. 4. The intuitive model of decision making uses ..... A) Critical information. B) Queuing models. C) Decision trees. D) Feelings. Show Answer Correct Answer: D) Feelings. 5. What are we going to about the problem, ranking the options. What step is this considered? A) Step 3. B) Step 4. C) Step 5. D) Step 7. Show Answer Correct Answer: C) Step 5. 6. (U1C4L1:F1)Which skill will help you take control over your life and give it purpose and direction? A) Goal-setting. B) Idea-sharing. C) Academic excellence. D) Decision-making. Show Answer Correct Answer: A) Goal-setting. 7. (U1C4L1:V2)The process of making a choice is called ..... A) Goal-setting. B) Choice choosing. C) Decision-making. D) None of above. Show Answer Correct Answer: C) Decision-making. 8. What is freedom? A) You have the freedom to live the life you choose. We have freedom of speech, freedom of travel, freedom of religion, etc. B) The right to spell. C) All people are protected and treated fairly and equally according to law. Everyone has the same consequences. D) None of above. Show Answer Correct Answer: A) You have the freedom to live the life you choose. We have freedom of speech, freedom of travel, freedom of religion, etc. 9. In 2016, what is the average compensation United Airlines passengers were offered when they are asked to leave the plane (aka. "bumped" ) or refused boarding? A) 573. B) 950. C) 350. D) 752. Show Answer Correct Answer: A) 573. 10. This decision making value has to do with the protection of natural resources A) Environmental. B) Recreational. C) Health. D) Scientific. Show Answer Correct Answer: A) Environmental. 11. What would be an example of distress? A) Getting married. B) Getting bad grades. C) Getting a house. D) Going on vacation. Show Answer Correct Answer: B) Getting bad grades. 12. Basically, a(n) ..... is a judgment reached after consideration. A) Fact. B) Situation. C) Decision. D) Inference. Show Answer Correct Answer: C) Decision. 13. Which of the following is NOT a foundation of an efficient team? A) Irresponsibility. B) Clearly set goals. C) Mutual trusts. D) Good communication. Show Answer Correct Answer: A) Irresponsibility. 14. A good decision is ..... A) One that makes everyone happy. B) Well thought out. C) Made quickly. D) Always the easiest to make. Show Answer Correct Answer: B) Well thought out. 15. A decision for repetitive or routine problems for which the responses have been already been decided and been known to the person who will make the decision is called: A) Programmed. B) Professional. C) Non programmed. D) Strategic. Show Answer Correct Answer: A) Programmed. 16. A manager must ..... in order to determine whether any errors occurred or has been made. A) Implement decisions. B) Define the problem. C) Evaluate decision. D) Develop alternatives. Show Answer Correct Answer: C) Evaluate decision. 17. Giving your decision time is a strategy to follow when you A) Assess alternatives. B) Can't make up your mind. C) Freewrite. D) Determine outcomes. Show Answer Correct Answer: A) Assess alternatives. 18. In the Blake Mouton Managerial Grid, what name is given to a leadership style with maximum concern for both people and performance? A) Impoverished management. B) Country club. C) Authority/obedience. D) Team management. Show Answer Correct Answer: D) Team management. 19. Social pressure can also influence purchasing decisions. Which of the following is not an example of social pressure? A) Trends and fads. B) Word of mouth recommendations. C) Age and gender. D) Celebrity endorsements. Show Answer Correct Answer: C) Age and gender. 20. Measurable ..... Achievable ..... Relevant ..... Timely ..... What step of the Decision Making Process is this considered. A) Step 3. B) Step 1. C) Step 2. D) Step 7. Show Answer Correct Answer: C) Step 2. 21. The stakeholder group most likely to be interested in the financial performance of a business are: A) Suppliers. B) Customers. C) Employees. D) Shareholders. Show Answer Correct Answer: D) Shareholders. 22. Which of these is MORE important for following the decision making process? A) Homework. B) Career. C) Lunch. D) Clothing. Show Answer Correct Answer: B) Career. 23. When making an informed decision, a person would usually start by A) Evaluating thier decision. B) Identify the problem. C) Considering the advantages and disadvantages. D) Choosing a solution. Show Answer Correct Answer: C) Considering the advantages and disadvantages. 24. Without considering the ....., Rose left her 5 year old sister alone with finger paints. Within minutes, the carpet and walls were covered with the child's colorful fingerprints! A) Consequences. B) Proactive. C) Goal. D) Attitude. Show Answer Correct Answer: A) Consequences. 25. The third step of decision making is A) Outline the consequences. B) Make the decision. C) Identify the problem. D) List your options. Show Answer Correct Answer: A) Outline the consequences. 26. Which part of the HELP acronym asks the question, Would your parents approve? A) H. B) L. C) P. D) E. Show Answer Correct Answer: C) P. 27. What is the last step of a decision making process? A) Implementation. B) Evaluation and feedback. C) Development of alternatives. D) Analysis of causes. Show Answer Correct Answer: B) Evaluation and feedback. 28. A key benefit of using hunch-based decision-making is that: A) It is time-consuming. B) Full use is made of all available data. C) The decision-making can be automated. D) Decisions can be made quickly. Show Answer Correct Answer: D) Decisions can be made quickly. 29. How many steps are there in the framework model for making effective decisions? A) 4 steps. B) 6 steps. C) 8 steps. D) None of above. Show Answer Correct Answer: C) 8 steps. 30. A technique for evaluating alternative solutions by writing down the advantages of each option A) Simulations. B) Queuing Theory. C) T-chart. D) Nominal Grouping. Show Answer Correct Answer: C) T-chart. ← PreviousNext →Related QuizzesDecision QuizzesEconomics QuizzesDecision Making Quiz 1Decision Making Quiz 2Decision Making Quiz 3Decision Making Quiz 4Decision Making Quiz 5Decision Making Quiz 6Decision Making Quiz 7Decision Making Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books