Decision making is primarily a ___ process involving the selection of the best course of action. | Card: 1 / 20 |
False. Intuitive decision-making relies on inner knowledge and feelings rather than logic. | Card: 4 / 20 |
Fill in the blank: Rational decision-making involves following logical models and assessing ___ and ___ of each option. | Card: 7 / 20 |
True or False: Ethical and impartial decision-makers should prioritize organizational goals over societal well-being. | Card: 9 / 20 |
False. Ethical decision-makers must consider societal well-being along with organizational goals. | Card: 10 / 20 |
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Timeliness is crucial as decisions are often constrained by time, and prompt decisions can prevent missed opportunities. | Card: 12 / 20 |
Fill in the blank: The maximin strategy focuses on selecting options with the least potential ___ to minimize risk. | Card: 13 / 20 |
True or False: Satisficing involves choosing the absolute best alternative in decision making. | Card: 17 / 20 |
False. Satisficing means selecting the first satisfactory option rather than the best. | Card: 18 / 20 |
Conceptual skills involve understanding the broader context and interconnectedness of various factors influencing decisions. | Card: 20 / 20 |






