Practice Evaluating Alternatives (12.3.4) - Decision-Making in Organizations

Practice: Evaluating Alternatives

Lesson 12.3.4Decision-Making in Organizations

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9 questions

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2 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
3 questions · about 2 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What does SWOT stand for?
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Think about what you need to identify to evaluate a decision.
Question 2.
Name one benefit of evaluating alternatives.
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Consider how bad decisions can affect an organization.
3Question 3.
What is the main purpose of evaluating alternatives?
- To choose the fastest option
- To compare different options against criteria
- To eliminate all options
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Remember, it's about making informed choices.
4Question 4.
True or False: SWOT analysis considers both internal and external factors when evaluating options.
- True
- False
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Think about what SWOT stands for.
Question 5.
You are the manager of a company considering two marketing strategies: a digital campaign and a traditional campaign. Using SWOT analysis, outline the strengths, weaknesses, opportunities, and threats of each. Then provide a cost-benefit analysis for each strategy.
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Think more about internal and external conditions influencing both marketing strategies.
Question 6.
Imagine you were part of a team analyzing a new product launch. Discuss how you would evaluate various alternatives and what specific criteria you would prioritize.
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Consider what metrics matter most to your company's goals.

5 more questions in this section. Enroll free to practise them all.