Business Decisions

Welcome to your Business Decisions Exam

You only have 30 minutes to answer the questions and you have two chances to answer.

1. 
Which of the following is NOT a component of data analysis for decision making?

2. 
Strategies for implementing decisions effectively include:

3. 
Decision making in cross-functional teams can be challenging because:

4. 
Which of the following best describes the importance of decision making in business?

5. 
Decision trees and scenario analysis are used to:

6. 
Game theory is useful in strategic decision making because it:

7. 
Case studies in business decision making are valuable because they:

8. 
Data analysis for decision making involves:

9. 
Ethical decision making in business involves:

10. 
Techniques for making effective decisions under time constraints and pressure include:

11. 
Risk management in business decision making involves:

12. 
What is the primary goal of risk management in business decision making?

13. 
In ethical decision making, what should be considered when evaluating potential actions?

14. 
Cost-benefit analysis helps in:

15. 
Which decision-making model is characterized by systematically analyzing all possible alternatives and choosing the optimal one?

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