Decision making

What are decision-making skills?

• Skills that help complete tasks faster

• Skills that aid in choosing solutions to challenges

• Skills for creating group harmony

• Skills for avoiding responsibilities

Which of the following is NOT a key skill contributing to decision-making?

• Problem-solving

• Time management

• Guesswork

• Creativity

What is the first step in improving decision-making skills?

• Note potential solutions

• Identify the situation

• List the advantages and disadvantages

• Measure the results

What does irrational decision-making often ignore?

• Emotions

• Evidence and potential consequences

• Intuition

• Team input

Which of these is a characteristic of neo-rational decision-making?

• Entirely emotion-driven

• Avoids uncertainty and risk

• Combines logic with intuition and experience

• Based on personal bias

What is the primary purpose of a decision matrix?

• To prioritize options based on specific criteria

• To create more group discussions

• To eliminate uncertainty

• To solve only financial problems

In a weighted decision matrix, what do the weights represent?

• The number of team members

• The relative importance of each criterion

• The speed of decision-making

• The success rate of past decisions

What is a common limitation of decision matrices?

• They require advanced technology

• They may oversimplify complex problems

• They are only applicable to group decisions

• They are not transparent

What are tactical decisions?

• One-time decisions made by executives

• Routine decisions based on established procedures

• Decisions requiring long-term planning

• Decisions that affect the entire organization

Which type of decision involves the entire team?

• Autocratic decision

• Consultative decision

• Group decision

• Routine decision