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Cheatsheet: Decision Reasoning Making | IBPS PO Prelims & Mains Preparation - Bank Exams PDF Download

Theory

  • Questions on Decision Making are asked quite frequently in Banking Exams. The key in Decision Making questions is to take an unbiased decision by leaving the person involved out of the equation.
  • There is only one correct answer in every decision making question. The decision taken should not change depending on the person taking the decision.
    Cheatsheet: Decision Reasoning Making | IBPS PO Prelims & Mains Preparation - Bank Exams

Tips

  • The decision taken should be based on facts presented in the question. Use the facts, think logically and arrive at a conclusion.
  • Take the person out of the equation.
  • Never take a biased decision.

Solved Example

Direction: The passage given below is followed by a set of questions. Choose the most appropriate answer to each question.
LFC is a very popular football club that has won several domestic and international accolades since the club’s establishment in 1869. Besides having a huge fan following at home and abroad, LFC also has an extensive army of franchises and several exclusive TV deals. This is perhaps why, Kop Limited, a firm owned by two American businessmen, Billet and Cricks, has been contemplating a prospective takeover of the Football club. Billet and Cricks present their offer to LFC’s board of directors and manage to win the approval of some of the board members. However, when the news of a prospective takeover finds its way to popular media, many fans are outraged as they see this as commercial exploitation of the club’s legacy. Some of the board members too, express concern over LFC being owned by businessmen who have not been associated with the club in the past and might prioritize their own financial interests over the club’s well-being. At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.

Question for Cheatsheet: Decision Reasoning Making
Try yourself:As a representative of Kop Limited, you have been asked to help them convince LFC board members and supporters that the deal would be in the club’s best interests. To create a positive impact, the best decision you could take would be to:  
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Question for Cheatsheet: Decision Reasoning Making
Try yourself:Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.
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Question for Cheatsheet: Decision Reasoning Making
Try yourself:Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration except
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The document Cheatsheet: Decision Reasoning Making | IBPS PO Prelims & Mains Preparation - Bank Exams is a part of the Bank Exams Course IBPS PO Prelims & Mains Preparation.
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