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Professional Development
LinkedIn Learning:Decision Making and Stakeholder Management
8 questions
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- 1. Multiple Choice
A Consensus-Based decision-making style should be used for _____ decisions.
low urgency
high risk
high urgency
low risk
- 2. Multiple Choice
A Democratic decision-making style is best used for low _____ and low to medium _____ decisions.
impact; risk
value; risk
risk; visibility
risk; urgency
- 3. Multiple Choice
Participatory decision-making reduces the _____ of the decision. in TRUE or FALSE
urgency
effectiveness
impact
risk
- 4. Multiple Choice
Buy-in is a critical aspect of making a(n) _____ decision.
democratic
consensus-based
participatory
autocratic
- 5. Multiple Choice
Which one of these is NOT a decision-making style?
Autocratic
Participatory
Directorial
Democratic
- 6. Multiple Choice
This illustrates one of the types of decisions:
"Spending 5 million dollars to completely rebuild your company's website in a rapidly changing and highly competitive market."
No downside
Going for broke
Favorable odds
- 7. Multiple Choice
What should you try to balance when reducing decision-making risk?
cost and benefit of the decision
gathering information and time
gathering information and risk
gathering information and impact
- 8. Multiple Choice
One of the results of involving stakeholders in a decision is buy-in increased.
True
False
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