Practice Meaning and Nature of Decision-Making - 12.1 | 12. Decision-Making in Organizations | Management 1 (Organizational Behaviour/Finance & Accounting)
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12.1 - Meaning and Nature of Decision-Making

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define decision-making in your own words.

💡 Hint: Think about choices in everyday situations.

Question 2

Easy

List the key characteristics of decision-making.

💡 Hint: Use the acronym GDMR to remember them.

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 does decision-making involve?

  • Random choices
  • Choosing the best course of action
  • Ignoring alternatives

💡 Hint: Consider how businesses make strategic decisions.

Question 2

True or False: Decision-making must always be based on logic.

  • True
  • False

💡 Hint: Think about instances where gut feelings are considered.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

You are the manager of a company facing declining sales. What decision-making characteristics should guide you in addressing this issue?

💡 Hint: Think about how to structure your approach to address declining performance.

Question 2

Assess the implications of making a decision solely based on intuition without data analysis in a business context.

💡 Hint: Reflect on past decisions made in your personal or observed experiences.

Challenge and get performance evaluation