Practice Selecting the Best Alternative - 12.3.5 | 12. Decision-Making in Organizations | Management 1 (Organizational Behaviour/Finance & Accounting)
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12.3.5 - Selecting the Best Alternative

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is an alternative in decision-making?

💡 Hint: Think about the choices you have when faced with a decision.

Question 2

Easy

What does SWOT stand for?

💡 Hint: Remember it's an analysis tool; focus on the four components.

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 primary purpose of selecting the best alternative?

  • To maximize profit
  • To make a decision
  • To align with organizational goals

💡 Hint: Think about why decisions are made in a business context.

Question 2

True or False: Cost-benefit analysis focuses solely on financial aspects.

  • True
  • False

💡 Hint: Consider other aspects besides money that might influence a decision.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

You're tasked with evaluating a new marketing strategy. Outline a comprehensive plan using SWOT and cost-benefit analysis to present to your management team.

💡 Hint: Think about the marketing strategy's potential impact on your organization's goals.

Question 2

You have three alternatives for improving team communication. Develop criteria based on organizational objectives to evaluate these alternatives effectively.

💡 Hint: Be specific about what matters most to the organization's success.

Challenge and get performance evaluation