Decision Analysis MCQs

Decision Analysis MCQs

Our experts have gathered these Decision Analysis MCQs through research, and we hope that you will be able to see how much knowledge base you have for the subject of Decision Analysis by answering these multiple-choice questions.
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1: The perceiver, the context, and ___________________ all impact perception.

A.   The target.

B.   Outliers.

C.   Stimuli.

D.   The situation.

E.   Limitations

2: The classical model of decision making is based on _____ assumptions.

A.   Philosophical

B.   Irrational

C.   Economic

D.   Uncertainty

E.   Technological

3: Unstructured problems are ________.

A.   Are easily solved

B.   Present familiar circumstances

C.   Force managers to deal with incomplete or ambiguous information

D.   Are routine

4: In a(n) _____, team members prepare to lunge at each other to achieve their objectives.

A.   Dodge

B.   Resequencing

C.   Scrum

D.   Adaptation

5: When you write an unsolicited cover letter, ________.

A.   Require more research than solicited letters.

B.   Irritate the personnel office staff.

C.   Are never read.

D.   Almost never result in a job offer

6: _____ refers to the process of identifying problems and then resolving them.

A.   Organizing

B.   Controlling

C.   Decision-making

D.   Planning

E.   Leading

7: A decision tree is ____.

A.   A structure of problem-solving ideas, with its roots based on the organization's mission

B.   The hierarchy that must be followed when getting decisions approved

C.   A graph of decisions and their possible consequences

D.   A location used by Chinese philosopher Confucius in times of intense pressure

E.   An organization's decision network

8: The essence of _____ is to choose the first solution available.

A.   Bounded rationality

B.   Creativity

C.   Decision maximization

D.   Satisficing

9: The gap between an existing state and a desired state is referred to as ________.

A.   A problem

B.   Heuristics

C.   Bounded rationality

D.   A decision

E.   Uncertainty

10: The rational model of decision making is also called the ________ model.

A.   Nonrational

B.   Classical

C.   Rational

11: When it comes to decision making, it is accurate to say that groups _____.

A.   Have higher decision-making accuracy when group members know a good deal about the relevant issues

B.   Group decision making

C.   Nonrational decision making

D.   Disadvantages of group decision making

12: With defensive avoidance, a manager can't find a good solution and follows by ____.

A.   Classical

B.   Confirmation

C.   Procrastinating, passing the buck, or denying the risk of any negative consequences

D.   Decision-making style

13: In defensive avoidance, when a manager can't find a good solution, the manager follows with ____.

A.   Doing nothing

B.   Taking the easiest way out

C.   Procrastination, passing the buck, or denying the risk of any negative consequences

D.   Finding the most cost-effective solution

E.   Frantically getting rid of the problem

14: An analysis that combines scenario analysis with sensitivity analysis is called _____ analysis.

A.   Forecasting.

B.   Combined.

C.   Complex.

D.   Simulation

15: A person who satisfices fails to ________.

A.   Maximize his or her decision

B.   Understand his or her position

C.   Accept the truth of a situation

D.   Make any kind of decision

16: A(n) _____ is a situation in which something is obviously wrong or has the potential to go wrong.

A.   Performance threat

B.   Root cause of the problem

C.   Confirmation error

D.   None of these