#1
Which of the following is a step in the problem-solving process?
Define the problem
ExplanationIdentifying and articulating the issue at hand.
#2
Which of the following is a characteristic of critical thinking in decision making?
Being open-minded
ExplanationEvaluating situations objectively and considering diverse perspectives.
#3
In decision making, what does the acronym VUCA stand for?
Volatility, Uncertainty, Complexity, Ambiguity
ExplanationFactors contributing to the unpredictable nature of environments.
#4
Which of the following is a characteristic of a well-defined problem?
Clearly stated and specific
ExplanationHaving a precise description and identifiable parameters.
#5
What is the 'Pareto Principle' (80/20 rule) in decision making?
Focusing on the most critical 20% that yields 80% of the results
ExplanationConcentrating efforts on the most impactful factors.
#6
In decision making, what does SWOT analysis help assess?
Strengths, Weaknesses, Opportunities, Threats
ExplanationExamining internal strengths and weaknesses and external opportunities and threats.
#7
Which decision-making model involves identifying and ranking criteria, generating alternatives, and calculating the optimal decision?
Rational decision-making model
ExplanationA systematic approach involving logical evaluation and optimization.
#8
What does the acronym SMART stand for in goal-setting?
Specific, Measurable, Achievable, Relevant, Time-bound
ExplanationCriteria for setting effective and attainable objectives.
#9
In decision making, what is the 'anchoring bias'?
Relying on the first piece of information encountered
ExplanationGiving disproportionate weight to initial information.
#10
What is the purpose of a decision tree in decision analysis?
Visualizing complex decision-making processes
ExplanationGraphical representation aiding in understanding and evaluating choices.
#11
What is a common technique used for brainstorming in problem-solving sessions?
Mind mapping
ExplanationOrganizing ideas visually to stimulate creativity and insight.
#12
What is the concept of 'satisficing' in decision making?
Choosing the first acceptable solution
ExplanationAccepting a solution that meets the minimum criteria.
#13
Which problem-solving approach involves breaking down a problem into smaller, more manageable parts?
Divide and conquer
ExplanationTackling complex issues by dividing them into simpler tasks.
#14
What is the 'groupthink' phenomenon in decision making?
Group members conforming to avoid conflict
ExplanationPrioritizing harmony over critical thinking in group settings.
#15
What is the 'paralysis by analysis' phenomenon in decision making?
Overthinking and inability to make a decision
ExplanationExcessive deliberation leading to indecision.