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Decision-making Models mcq test

Authored by Jodie Harris

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12th Grade

Used 2+ times

Decision-making Models mcq test
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of decision is long-term and affects the entire business?

Operational decisions

Tactical decisions

Strategic decisions

Routine decisions

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which decision-making approach involves the use of facts and data?

Scientific decision-making

Intuitive decision-making

Emotional decision-making

Random decision-making

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key component of a decision tree?

Square decision nodes

Triangular decision nodes

Hexagonal decision nodes

Pentagonal decision nodes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of decision is typically made by middle management?

Routine decisions

Operational decisions

Tactical decisions

Strategic decisions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main advantage of using decision trees?

They eliminate all risks

They provide a framework to quantify outcomes

They guarantee success

They simplify complex decisions

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of critical path analysis?

To increase project costs

To eliminate all project risks

To plan and control large projects

To identify the shortest path in a network

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a limitation of decision trees?

They use probabilities which may be inaccurate

They are too complex to understand

They require no data

They are only useful for small businesses

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