Decision Making Models in Management Quiz
Test your knowledge on various decision-making models including Simon's model, bounded rationality, and heuristic-based approaches.
#1
Which type of decision is characterized by clear procedures for reaching a solution?
Unstructured decision
Strategic decision
Programmed decision
Tactical decision
#2
Which stage of the decision-making process involves identifying and defining the problem or opportunity?
Intelligence
Choice
Design
Implementation
#3
Which type of decision is made in response to unique, poorly defined, and largely unstructured situations?
Programmed decision
Strategic decision
Tactical decision
Unstructured decision
#4
Which stage of the decision-making process involves evaluating the chosen solution and monitoring its effectiveness?
Intelligence
Design
Choice
Implementation
#5
Which type of decision is characterized by having a definite procedure for solving a problem?
Programmed decision
Unstructured decision
Tactical decision
Strategic decision
#6
Which of the following is a characteristic of Simon's decision-making process model?
Single stage decision process
Involves intelligence, design, and choice stages
Incorporates only structured decisions
Does not involve problem identification
#7
Which decision-making model is based on the idea of 'bounded rationality'?
Classical model
Administrative model
Optimizing model
Incremental model
#8
Which of the following is NOT a stage in the decision-making process according to Simon's model?
Intelligence
Implementation
Choice
Design
#9
Which decision-making model emphasizes making decisions based on a series of incremental steps rather than a comprehensive analysis?
Optimizing model
Administrative model
Classical model
Rational model
#10
Which decision-making model assumes that decision makers have complete information and make rational choices to maximize outcomes?
Administrative model
Classical model
Incremental model
Behavioral model
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