Practice Evaluating Alternatives - 12.3.4 | 12. Decision-Making in Organizations | Management 1 (Organizational Behaviour/Finance & Accounting)
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Knowledge

12.3.4 - Evaluating Alternatives

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does SWOT stand for?

💡 Hint: Think about what you need to identify to evaluate a decision.

Question 2

Easy

Name one benefit of evaluating alternatives.

💡 Hint: Consider how bad decisions can affect an organization.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the main purpose of evaluating alternatives?

  • To choose the fastest option
  • To compare different options against criteria
  • To eliminate all options

💡 Hint: Remember, it's about making informed choices.

Question 2

True or False: SWOT analysis considers both internal and external factors when evaluating options.

  • True
  • False

💡 Hint: Think about what SWOT stands for.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

You are the manager of a company considering two marketing strategies: a digital campaign and a traditional campaign. Using SWOT analysis, outline the strengths, weaknesses, opportunities, and threats of each. Then provide a cost-benefit analysis for each strategy.

💡 Hint: Think more about internal and external conditions influencing both marketing strategies.

Question 2

Imagine you were part of a team analyzing a new product launch. Discuss how you would evaluate various alternatives and what specific criteria you would prioritize.

💡 Hint: Consider what metrics matter most to your company's goals.

Challenge and get performance evaluation