Page 57 - UR221 Creative & Scientific Thinking_Neat

4.16 Quiz (4)

ˆ usiness intelligence systems B
They ensure effective and rational problem-solving

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4.16 Quiz (4)

(Answers at end of book in Appendix A)

1. Decision making is defined as:
A) Random selection of options

B) Choosing the first available alternative

C) Selecting the best option based on criteria
D) Ignoring available data

2. The first step in the decision-making process is:

A) Implementing the solution

B) Identifying the problem
C) Evaluating alternatives

D) Reviewing outcomes

3. The Rational Decision-Making Model assumes that decision makers:

A) Have incomplete information
B) Act emotionally

C) Have clear objectives and complete information

D) Avoid analysis

4. Bounded rationality recognizes that:

A) All decisions are perfect
B) Information and resources may be limited

C) Decisions require no constraints

D) Optimization is unnecessary

5. Decision making under uncertainty often relies on:
A) Guessing

B) Random choice

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