Planning and Decision Making in Organizations Quiz

Test your knowledge with questions on decision-making steps, models, and strategies in organizations. Explore decision science concepts now!

Practice Learn Test

Which of the following is NOT a step in the decision-making process?

Identifying the problem

Generating alternatives

Implementing the first solution that comes to mind

Evaluating alternatives

What is the primary purpose of strategic planning?

To focus on short-term goals

To allocate resources efficiently

To make day-to-day decisions

To manage operational tasks

Which of the following is NOT a characteristic of effective decision-making?

Based solely on intuition

Consideration of relevant information

Identification of alternatives

Evaluation of consequences

What is the purpose of decision-making in organizations?

To complicate processes

To hinder progress

To facilitate goal achievement

To create chaos

Which of the following is NOT a step in the rational decision-making model?

Identifying alternatives

Evaluating consequences

Implementing the first solution that comes to mind

Assessing risks

What is the primary purpose of operational planning?

To set long-term organizational goals

To allocate financial resources

To implement day-to-day tasks

To formulate strategic initiatives

Which of the following is NOT a potential barrier to effective decision-making?

Groupthink

Diverse perspectives

Confirmation bias

Sunk cost fallacy

Which decision-making model emphasizes maximizing economic outcomes?

Rational decision-making model

Behavioral decision-making model

Intuitive decision-making model

Political decision-making model

What is 'bounded rationality' in decision-making?

Making decisions without any limitations

Making decisions based on complete information

Making decisions within constraints and limited information

Making decisions quickly without considering consequences

#10

What is the purpose of SWOT analysis in strategic planning?

To evaluate internal and external factors

To assess employee performance

To conduct market research

To develop financial forecasts

#11

Which type of decision-making involves relying on 'gut feelings' and intuition?

Rational decision-making

Behavioral decision-making

Intuitive decision-making

Political decision-making

#12

Which of the following is a characteristic of a well-defined problem in decision-making?

Ambiguity

Clear objectives

Lack of alternatives

Subjectivity

#13

In decision-making, what does the acronym SMART stand for?

Strategic, Motivated, Altruistic, Reliable, Timely

Simple, Manageable, Achievable, Realistic, Timely

Specific, Measurable, Achievable, Relevant, Timely

Stable, Meaningful, Adaptable, Resourceful, Tactical

#14

Which decision-making model emphasizes the importance of social and political factors?

Rational decision-making model

Behavioral decision-making model

Intuitive decision-making model

Political decision-making model

#15

Which of the following is a characteristic of group decision-making?

Usually faster than individual decision-making

Often leads to decreased creativity

Less likely to consider diverse perspectives

Results in higher quality decisions compared to individual decision-making

#16

What is the 'satisficing' approach in decision-making?

Selecting the best possible alternative

Choosing the first available option

Selecting an alternative that meets the minimum requirements

Seeking consensus among group members

#17

Which of the following is a potential drawback of group decision-making?

Increased diversity of perspectives

Enhanced creativity

Groupthink

Efficient use of time

#18

What is the role of a decision tree in decision-making?

To map out various decision alternatives and their potential outcomes

To generate random solutions

To facilitate group discussions

To track the progress of decision implementation

#19

Which of the following is a key component of decision-making under uncertainty?

Perfect information

Risk assessment

Known outcomes

Confidence intervals

#20

Which of the following is a characteristic of decentralized decision-making?

Centralized authority

Hierarchical structure

Limited autonomy for employees

Greater flexibility and adaptability

#21

Which of the following is a characteristic of effective implementation in decision-making?

Ignoring feedback from stakeholders

Lack of communication

Flexibility to adapt to changing circumstances

Rigid adherence to the initial plan