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Mastering Decision Making Skills

Authored by Syeda Fatima

Other

Professional Development

Used 1+ times

Mastering Decision Making Skills
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the first step in the decision-making process?

Evaluating alternatives

Identifying the problem

Implementing the decision

Gathering information

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of gathering information during decision making?

To delay the decision-making process

To ensure all possible options are considered

To make the decision more complex

To avoid making a decision

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a quantitative method used in decision making?

SWOT analysis

Cost-benefit analysis

Brainstorming

Delphi method

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In decision making, what does the term "opportunity cost" refer to?

The cost of the best alternative foregone

The cost of implementing a decision

The cost of gathering information

The cost of evaluating alternatives

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a common barrier to effective decision making?

Having too much information

Clear objectives

A structured process

Diverse perspectives

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of intuition in decision making?

It should be completely ignored

It can complement analytical methods

It is the only factor to consider

It is irrelevant in complex decisions

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a decision-making model?

The Waterfall model

The Vroom-Yetton model

The Agile model

The Spiral model

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