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MCA24/BC2/PST Evaluation

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.
  1. What is the primary responsibility of a manager

a)

Planning

b)

Decision-making

c)

Staffing

d)

Controlling

2.
  1. In which type of decision-making environment is all information available and certain?

a)

Certainty

b)

Uncertainty

c)

Risk

d)

Ambiguity

3.
  1. 3. Which decision-making technique involves experts who are physically separated and unknown to each other?

a)

Brainstorming

b)

Delphi Technique

c)

Nominal Group Technique

d)

Fishbowling

4.
  1. 4. What is the first step in the decision-making process?

a)

Information gathering

b)

Evaluation of alternatives

c)

Identification of the purpose of the decision

d)

Brainstorming

5.
  1. 5. Which theory suggests that people fear losses more than they value gains?

a)

Rational Decision-Making Model

b)

Prospect Theory

c)

Bounded Rationality

d)

Non-Rational Decision Making

6.
  1. 6. What is the main focus of the brainstorming technique?

a)

Evaluation of ideas

b)

Generation of ideas

c)

Implementation of ideas

d)

Criticism of ideas

7.
  1. 7. Which of the following is NOT a feature of decision-making?

a)

Rational Thinking

b)

Selective

c)

Random

d)

Purposive

8.
  1. 8. Which decision-making approach involves gathering and analyzing data, identifying alternatives, evaluating the pros and cons of each alternative, and selecting the best option based on objective criteria?

a)

Intuitive decision making

b)

Rational decision making

c)

Emotion-based decision making

d)

Political decision making

9.
  1. 9. What is the primary goal of brainstorming in the decision-making process?

a)

To reach a consensus decision

b)

To generate a large number of ideas or solutions to a problem

c)

To evaluate the costs and benefits of different options

d)

To identify the most significant factors or causes of a problem

10.
  1. 10. Which decision-making technique involves creating multiple hypothetical scenarios to evaluate the potential outcomes of different decisions?

a)

SWOT Analysis

b)

Scenario planning

c)

Decision Trees

d)

Cost-Benefit Analysis

11.
  1. 11. In the context of decision-making, what does the term "bounded rationality" refer to?

a)

Making decisions based on gut feelings and instincts

b)

Making decisions based on the interests and preferences of different stakeholders

c)

Making decisions based on the available information and the limitations of time and resources

d)

Making decisions based on emotions and feelings

12.
  1. 12. Which technique is used to evaluate options based on multiple criteria or factors, often involving the assignment of weights to each criterion?

a)

Game Theory

b)

Multi-Criteria Decision Analysis (MCDA)

c)

Pareto Analysis

d)

Delphi Technique

13.
  1. 13. Find the phase involved in decision making process.

a)

Intelligence Activity

b)

Design Activity

c)

Choice Activity

d)

All of the above

14.
  1. 14. Which type of decision involves large number of variables?

a)

Adaptive decisions

b)

Judgemental decisions

c)

Analytical decisions

d)

Mechanistic decisions

15.
  1. 15. When a single action may result in more than one potential outcome with respect to risk, then it can be termed as,

a)

Decision making under Certainty

b)

Decision making under risk

c)

Decision making under Uncertainty

16.
  1. 16. State the decision making model rely on non-programmed mode of making decisions.

a)

Economic Man Model

b)

Bounded Rationality Model

c)

Gamesman Model

d)

None of the above

17.
  1. 17. Name the more recent and formalized creative decision making technique?

a)

Brainstorming

b)

Synectics

c)

Nominal Grouping

d)

Cognitive Thinking

18.
  1. 18. Which is the operations research technique(s) used for decision making?

a)

Linear Programming

b)

PERT

c)

Simplex Method

d)

All of the above

19.
  1. 19. Which chart is best for comparing values across different categories?

a)

Line Chart

b)

Bar Graph

c)

Pie Chart

d)

Scatter Chart

20.
  1. 20. What type of chart should you use to display monthly revenue over the course of a year?

a)

Column Chart

b)

Area Chart

c)

Line Chart

d)

All of the above

21.
  1. 21. Which chart is ideal for showing cumulative values over time to illustrate total growth?

a)

Line Chart

b)

Area Chart

c)

Pie Chart

d)

Bubble Chart

22.
  1. 22. When should you use a Pie Chart?

a)

When comparing data over time

b)

When displaying proportions of a whole

c)

When analyzing relationships between two variables

d)

When showing rank changes over time

23.
  1. 23. Which chart is used for analyzing relationships between two variables?

a)

Bar Graph

b)

Scatter Chart

c)

Tree-Map

d)

Funnel Chart

24.
  1. 24. When should you use a Waterfall Chart?

a)

When showing the distribution of a single variable

b)

When showing the cumulative effect of sequential positive or negative values

c)

When displaying hierarchical data in a compact format

d)

When providing interactive filtering options for your report

25.
  1. 25. What is the best chart to use when you need to show data with multiple levels of categorization, similar to a pivot table?

a)

Matrix

b)

Table

c)

Card

d)

Heatmap