HL - Chapter 06

What is the main topic of Chapter 06?

• Financial Management

• Organizational Planning Tools

• Marketing Strategies

• Human Resources Management

Which of the following is a characteristic of scientific decision-making?

• Based on experience

• Uses data analysis

• Relies on gut feeling

• Spontaneous choices.

What is the first step in the scientific decision-making process?

• Control and review

• Set Objectives

• Gather Data

• Consider all options.

What is the purpose of gathering data in scientific decision-making?

• To make spontaneous decisions

• To rely on gut feeling

• To analyze problems and find solutions

• To skip the decision process.

Which step involves evaluating all possible options in scientific decision-making?

• Set Objectives

• Consider all options

• Plan & implement the decision

• Control and review

What is the final step in the scientific decision-making process?

• Decide between

• Plan & implement the decision

• Control and review

• Gather Data

Which decision-making process uses a formal framework?

• Intuitive decision-making

• Scientific decision-making

• Spontaneous decision-making

• Emotional decision-making

What does the step 'Decide between' involve in scientific decision-making?

• Setting objectives

• Choosing the best option

• Gathering data

• Reviewing the decision.

What problem is being analyzed in the Fishbone diagram?

• Late for Work

• Early for School

• Missing a Meeting

• Losing a Job

Which of the following is a potential cause listed under 'Environment' in the Fishbone diagram?

• Traffic Jam

• Bonus

• Children

• Alarm Clock