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MBA Exe (Sem-II), Data Driven Decision Making (Quiz-1) Prof - Abhay Hulikavi

The document appears to be a quiz taken by an MBA student on the topic of data driven decision making. It contains 11 multiple choice questions testing the student's understanding of key concepts like the definition of data and information, Simon's model of decision making which includes phases of intelligence, design, choice, implementation and review, and the advantages and challenges of data driven decision making. The student answered all questions correctly.

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Yogesh Kamble
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644 views

MBA Exe (Sem-II), Data Driven Decision Making (Quiz-1) Prof - Abhay Hulikavi

The document appears to be a quiz taken by an MBA student on the topic of data driven decision making. It contains 11 multiple choice questions testing the student's understanding of key concepts like the definition of data and information, Simon's model of decision making which includes phases of intelligence, design, choice, implementation and review, and the advantages and challenges of data driven decision making. The student answered all questions correctly.

Uploaded by

Yogesh Kamble
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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4/25/2021 MBA Exe(Sem-II), Data driven decision making (Quiz-1) Prof.

Abhay Hulikavi

MBA Exe(Sem-II), Data driven


decision making (Quiz-1) Prof.Abhay
Hulikavi

Points: 10/10

1. PRN

20020148052

2. Data Can be defined as


(1/1 Point)

d. None of the given option

c. Familiarity, awareness or understanding of something

b. Something that helps us draw a conclusion

a. A fact, number or a specific value 

3. Information can be defined as


(1/1 Point)

a. Data that has meaning in a context

b. Data that is organized

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4/25/2021 MBA Exe(Sem-II), Data driven decision making (Quiz-1) Prof.Abhay Hulikavi

c. Both a and b 

d. None of the given option

4. Simon’s model of decision making consists of the following phases


(1/1 Point)

a. Intelligence, Design, Choice, Implementation and Review 

b. Data, Information, Knowledge, Wisdom, Decision

c. Both of the above

d. None of the given option

5. Following are the advantages of DDDM


(1/1 Point)

a. There is no hunch involved 

b. Data are trusted without any skepticism

c. Both a and b

d. None of the given option

6. The challenges in DDDM are:


(1/1 Point)

a. Data are often messy to handle

b. Everyone thinks they know how to analyze data

c. None of the given option

d. Both a and b 

7. DDDM has become important in recent times because of


(1/1 Point)

d. All of the given option 


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4/25/2021 MBA Exe(Sem-II), Data driven decision making (Quiz-1) Prof.Abhay Hulikavi

c. Decrease in time available for decision making

a. Increased complexity in decision making

b. Increased number of decisions

8. The main activities in the “Design” phase of Simon’s decision making model are
(1/1 Point)

b. Alternative solutions and Selection Criteria 

d. None of the given option

c. Selection and Implementation

a. Problem identification and Collection of Information

9. Selection and Implementation” are part a part of ----------- phase of Simon’s


decision making model:
(1/1 Point)

c. Choice 

d. None of the given option

b. Design

a. Intelligence

10. “Finding, Identifying and formulating the problem” are a part of --------- phase
of Simon’s decision making model:
(1/1 Point)

d. Implementation

b. Design

c. Choice

a. Intelligence 

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4/25/2021 MBA Exe(Sem-II), Data driven decision making (Quiz-1) Prof.Abhay Hulikavi

11. The alternatives developed during the “Design” are evaluated during the -------
---- phase
(1/1 Point)

b. Implementation

c. Intelligence

a. Review

d. Choice 

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