Making Plans and Decisions Quiz

Test your decision-making skills with questions on models, biases, and techniques in psychology. Learn key concepts in a fun quiz format!

Practice Learn Test

What is the first step in the decision-making process?

Implementation

Identification of the problem

Evaluation

Alternative generation

What is the primary purpose of a SWOT analysis in decision-making?

To identify strengths and weaknesses

To analyze opportunities and threats

To assess internal and external factors

All of the above

What is the purpose of a decision matrix in decision-making?

To calculate probability

To evaluate and compare alternatives based on criteria

To represent decision trees

To identify decision-makers

What does the acronym SMART stand for in the context of goal setting and decision-making?

Simple, Manageable, Achievable, Realistic, Time-bound

Specific, Measurable, Achievable, Relevant, Time-bound

Strategic, Meaningful, Adaptive, Resourceful, Timely

Structured, Motivating, Aligned, Reflective, Transparent

In decision-making, what is the 'loss aversion' bias?

Giving more weight to recent information

Preferring avoiding losses over acquiring equivalent gains

Overestimating the impact of rare events

Ignoring irrelevant information

Which decision-making model involves listing the pros and cons of each option?

Rational decision-making model

Intuitive decision-making model

Bounded rationality model

Satisficing decision-making model

What is the term for decisions made under conditions of uncertainty and ambiguity?

Structured decisions

Programmed decisions

Non-programmed decisions

Unstructured decisions

Which decision-making technique involves seeking the opinions and insights of a group of individuals?

Brainstorming

Nominal Group Technique (NGT)

Delphi technique

Fishbone diagram

What is the anchoring bias in decision-making?

Giving more weight to the first piece of information encountered

Overestimating the impact of recent information

Relying too heavily on one piece of information

Ignoring irrelevant information

#10

Which decision-making bias involves placing too much importance on the most recent information?

Confirmation bias

Hindsight bias

Recency bias

Anchoring bias

#11

In the Vroom-Yetton-Jago decision model, what does the 'AI' style represent?

Autocratic decision

Consultative decision

Group decision

Delegative decision

#12

In decision-making, what is the purpose of a Pareto analysis?

Identifying the most critical factors

Calculating probabilities

Facilitating group discussions

Creating decision trees

#13

In project management, what does the critical path represent?

The longest path in the project

The shortest path in the project

The path with the most critical tasks

The path with the least critical tasks

#14

Which decision-making style is characterized by a high concern for people and a low concern for task accomplishment?

Autocratic

Democratic

Laissez-faire

Collaborative

#15

In decision trees, what do branches represent?

Decisions

Outcomes

Probability nodes

Risk factors

#16

What is the concept of 'sunk cost' in decision-making?

Costs that can be recovered

Costs that have already been incurred and cannot be recovered

Future costs

Opportunity costs

#17

What is the concept of 'groupthink' in decision-making?

Encouraging diverse opinions

A tendency to conform in group decision-making

An emphasis on individual decision-making

Balancing power dynamics

#18

What is the 'escalation of commitment' in decision-making?

A tendency to avoid commitment

A tendency to stick to a failing course of action

A focus on short-term goals

A preference for risk-averse decisions

#19

Which decision-making approach involves selecting the first acceptable option?

Satisficing

Optimizing

Integrative

Incremental