Which of the following decision making technique involves the use of a ‘yes’ or ‘no’ solution to arrive at a decision?
Didactic Interaction – this is used when decisions to be taken are dichotomous in nature. For this method, instead of one group of experts, two group of experts are created, one favouring a “yes” decision and other favouring a “no” decision. Each group then generates the list of justifications for their decisions and then interact and discuss with their findings. With mutual interactions and discussions, both the groups arrive at a consensus and a decision is taken.
What is the role of data and information in the selection of the best solution?
Leaders use specific and different styles when contemplating decisions. One such style is the directive decision making style. Which of the following is...
Which of the following is not a feature of strategic decisions?
How can the SWOT analysis be useful in eliminating other solutions?
Decision making is ____________
_________ are concerned with the problems of repetitive nature or routine type matters.
Which of the following correctly defines decision making?
What is the purpose of identifying possible solutions in decision-making?
Why is it necessary to eliminate other solutions in the decision-making process?
Which of the following is NOT one of the biases in decision making?