This quiz works best with JavaScript enabled. Home > Decision Making > Information For Decision Making > Information For Decision Making – Quiz 17 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Information For Decision Making Quiz 17 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following is likely to have the least influence on an individual's values? A) Grade average. B) Family. C) Media. D) Religious affiliations. Show Answer Correct Answer: A) Grade average. 2. The value of the choice that could have been chosen, but was not. A) Trade-Off. B) Cost Benefit. C) Opportunity Cost. D) None of above. Show Answer Correct Answer: C) Opportunity Cost. 3. What provide managers with information to make tactical and strategic decisions A) MIS Management Information Systems. B) MIS Management Intervention Systems. C) MIT Management Information Tuning. D) MIB Management Information Benefits. Show Answer Correct Answer: A) MIS Management Information Systems. 4. The ..... decision model views managers as making optimizing decisions, whereas the ..... decision model views them as making satisficing decisions. A) Behavioural, human relations. B) Classical, behavioural. C) Heuristic, humanistic. D) Quantitative, behavioural. Show Answer Correct Answer: B) Classical, behavioural. 5. You had three options for the evening:play football, go bowling, or watch TV. You really wanted to get some exercise. You chose to go bowling. What was your opportunity cost? A) Football. B) Bowling. C) TV. D) Football and TV. Show Answer Correct Answer: A) Football. 6. Theory Y addresses which premise of workplace activity? A) Theory Z workers work better for theory X than theory Y. B) Employees like to work as they like to play or rest. C) Theory X is correct but needs some modification. D) Theory Y was created for Gen Xers. Show Answer Correct Answer: B) Employees like to work as they like to play or rest. 7. How many steps are in the decision making process? A) Eight. B) Seven. C) Six. D) Five. Show Answer Correct Answer: B) Seven. 8. Sometimes consumers skip the evaluation process entirely. This is usually because consumers sometimes buy ..... A) Because of an emergency. B) Because of impulse. C) By mistake. D) Because of desperation. Show Answer Correct Answer: B) Because of impulse. 9. When a manager likes to consider complex solutions based on as much data as they can gather, thier DM style is A) Directive. B) Analytic. C) Conceptual. D) Behavioural. Show Answer Correct Answer: B) Analytic. 10. Which of the following is a solution that is chosen from among alternatives? A) Decision-making. B) Problem. C) Uncertainty. D) Decision. Show Answer Correct Answer: D) Decision. 11. A barriers to effective decision making skills is A) Concentration. B) Preparation. C) Complacency. D) Verification. Show Answer Correct Answer: C) Complacency. 12. Which of the following allows easy comparison of values among several characteristics from a data set? A) A legend. B) A trend. C) A line graph. D) A bar chart. Show Answer Correct Answer: D) A bar chart. 13. ..... are documents that identify the tasks to be done, employees assigned to work, and the time frame for completion of each task. A) Time Management. B) Work Coach. C) Performance Review. D) Work Schedules. Show Answer Correct Answer: D) Work Schedules. 14. What is the final step in the decision making process? A) Define the problem. B) Make the decision. C) Evaluate the results. D) Consider alternatives. Show Answer Correct Answer: C) Evaluate the results. 15. If companies spend much time correcting errors and redoing work, it is likely that the supervisors are not effective at A) Communication. B) Evaluation. C) Quality control. D) Time management. Show Answer Correct Answer: C) Quality control. 16. What is the second and third process in decision making? A) Identifying Decision Criteria; Weighting Criteria. B) Weighting Criteria; Developing Alternatives. C) Developing Alternatives; Analyzing Alternatives. D) Identifying a Decision Problem; Identifying Decision Criteria. Show Answer Correct Answer: A) Identifying Decision Criteria; Weighting Criteria. 17. What is a category of AI that attempts to emulate the way the human brain works? A) Intelligent system. B) Artificial intelligence. C) Expert systems. D) Neural network. Show Answer Correct Answer: D) Neural network. 18. Decision making is important to which of these management functions? A) Planning, organizing, staffing, leading, and controlling. B) Planning, organizing, staffing. C) Planning, organizing, staffing, and controlling. D) Planning, organizing, staffing, leading, and data retrieval. Show Answer Correct Answer: A) Planning, organizing, staffing, leading, and controlling. 19. Which of the following is NOT a step in the decision making process? A) Seeking help every time. B) Gathering information. C) Defining the problem. D) Taking action. Show Answer Correct Answer: A) Seeking help every time. 20. Decision-making strategy in which you consider every detail of every option over and over again A) Delayed Gratification. B) Play it Safe. C) Agony. D) None of above. Show Answer Correct Answer: C) Agony. ← PreviousNext →Related QuizzesDecision Making QuizzesInformation For Decision Making Quiz 1Information For Decision Making Quiz 2Information For Decision Making Quiz 3Information For Decision Making Quiz 4Information For Decision Making Quiz 5Information For Decision Making Quiz 6Information For Decision Making Quiz 7Information For Decision Making Quiz 8Information For Decision Making Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books