Decision-Making and Information

Decision-Making and Information

Assessment

Interactive Video

Business, Professional Development, Life Skills

9th - 12th Grade

Hard

Created by

Amelia Wright

FREE Resource

The video emphasizes the importance of information in making great decisions, highlighting that context and sensitivity to the environment are crucial. It suggests emulating successful models as a heuristic but encourages innovation and adaptation to change. The video also discusses the evolving nature of decision-making, stressing the need for continuous choices to maintain direction.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is information considered more important than knowledge or money in decision-making?

Because it is easier to obtain.

Because it directly leads to success.

Because it is more valuable in the stock market.

Because it provides a foundation for making informed decisions.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step a skilled decision-maker takes when facing uncertainty?

They avoid making a decision.

They consult with friends.

They gather more information about the context.

They make a quick decision.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a safe strategy when you know nothing about the environment?

Consult a fortune teller.

Ignore the environment.

Try something completely new.

Emulate what is successful.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is necessary to truly be ahead of the game in decision-making?

Being bold and innovative.

Avoiding risks at all costs.

Imitating successful people.

Following traditional methods.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to be aware of how the environment is changing?

To avoid making any decisions.

To adapt your decisions to new realities.

To maintain the status quo.

To ensure you are following trends.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the fallacy of excessive expertise?

Believing that expertise is unnecessary.

Assuming that experts never make mistakes.

Relying too much on past knowledge that may not apply to new situations.

Thinking that more information is always better.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What quality is essential for decision-makers to adapt to changing environments?

Indifference

Arrogance

Stubbornness

Humility

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