LinkedIn Learning:Decision Making and Stakeholder Management

A Consensus-Based decision-making style should be used for _____ decisions.

• low urgency

• high risk

• high urgency

• low risk

A Democratic decision-making style is best used for low _____ and low to medium _____ decisions.

• impact; risk

• value; risk

• risk; visibility

• risk; urgency

Participatory decision-making reduces the _____ of the decision. in TRUE or FALSE

• urgency

• effectiveness

• impact

• risk

Buy-in is a critical aspect of making a(n) _____ decision.

• democratic

• consensus-based

• participatory

• autocratic

Which one of these is NOT a decision-making style?

• Autocratic

• Participatory

• Directorial

• Democratic

This illustrates one of the types of decisions:

"Spending 5 million dollars to completely rebuild your company's website in a rapidly changing and highly competitive market."

• No downside

• Going for broke

• Favorable odds

What should you try to balance when reducing decision-making risk?

• cost and benefit of the decision

• gathering information and time

• gathering information and risk

• gathering information and impact

One of the results of involving stakeholders in a decision is buy-in increased.

• True

• False