This quiz works best with JavaScript enabled. Home > Economics > Decision > Management > Decision Making – Quiz 12 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Decision Making Quiz 12 (8 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. An advantage of using decision trees in decision-making is: A) Probabilities are rarely wrong. B) Only costs are considered, not benefits. C) Choices are set out in a logical way. D) A decision-tree uses qualitative rather than quantitative data. Show Answer Correct Answer: C) Choices are set out in a logical way. 2. Your decisions, not luck, determine most of the good and the bad in your life. A) True. B) False-Your luck, not decisions, determine most of the good and the bad in your life. C) False-Your fate, not luck, determine most of the good and the bad in your life. D) None of the above. Show Answer Correct Answer: A) True. 3. If Henry yells at Tiffany and demands that she get in the car, what type of communication is he using? A) Passive. B) Assertive. C) Aggressive. D) None of above. Show Answer Correct Answer: C) Aggressive. 4. What do you call the thing that you do not select, whenever you make a trade-off A) Attitude. B) Opportunity Cost. C) Trade-Off. D) Media. Show Answer Correct Answer: B) Opportunity Cost. 5. What is NOT an effect of long-term spending? A) Expenses exceed income. B) Use of debt and credit increases. C) Credit counseling becomes necessary. D) Impulse buying occurs on a regular basis. Show Answer Correct Answer: D) Impulse buying occurs on a regular basis. 6. To be sure a decision is ....., think long and hard about its consequences. A) Realistic. B) Accurate. C) Worthy. D) Correct. Show Answer Correct Answer: C) Worthy. 7. Which of the following is a solution that is chosen from among alternatives? A) Decision. B) Uncertainty. C) Problem. D) Decision-making. Show Answer Correct Answer: A) Decision. 8. Angie recognized that there was a problem at work and took action right away to correct it. Her boss praised her for being ..... A) Decision. B) Proactive. C) Goal. D) Long term goal. Show Answer Correct Answer: B) Proactive. ← PreviousRelated 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