1. What is decision-making in management?

2. Which of the following is the first step in the decision-making process?

3. What type of decision is made under conditions of certainty?

4. Which of the following is a non-programmed decision?

5. What is a strategic decision?

6. What does the rational decision-making model assume?

7. Which of the following is NOT a step in the rational decision-making model?

8. What is bounded rationality in decision-making?

9. Which of the following best describes intuitive decision-making?

10. What is a group decision-making advantage?

11. Which decision-making bias occurs when individuals seek information that supports their existing beliefs?

12. The Delphi technique is used for:

13. What is satisficing in decision-making?

14. What is the purpose of decision trees in decision-making?

15. In decision-making, what does SWOT analysis stand for?

16. Which decision-making style focuses on quick and efficient problem-solving?

17. In game theory, what is a dominant strategy?

18. What is escalation of commitment?

19. A major risk of group decision-making is:

20. Which of the following is an example of a tactical decision?

21. What is an example of an operational decision?

22. What are heuristics in decision-making?

23. Which tool is commonly used for risk assessment in decision-making?

24. What is the main objective of working capital management?

25. What is capital budgeting used for in financial management?

26. Which of the following is an example of non-current liabilities?

27. What does the price-to-earnings (P/E) ratio measure?

28. What is a cash flow statement primarily used for?

29. What is the primary function of financial controllers in a company?

30. What happens when a company’s current ratio is less than 1?