Decision Making Quiz :Managing Social and Human Capital (Business Foundations Specialization) Answers 2026
Question 1
What profound lesson can be learned from Cisco’s CEO John Chambers about good and timely decision making?
✅ Decision-making processes are not always rational and analytical as we tend to think
❌ Seeking external advice is crucial for good and timely decision making
❌ None of the other options are correct
❌ A manager needs to independently decide crucial organizational decisions
Explanation:
John Chambers emphasized that real-life managerial decisions are often intuitive and time-pressured, not purely rational or analytical.
Question 2
According to the Stanford University study, one salient factor distinguishing fast vs. slow organizations in decision making is:
❌ Not spending enough time on establishing alternatives
❌ Gathering narrow information
✅ Seeking the advice of an outside, experienced counselor
❌ Focusing on planning
Explanation:
Fast decision-making organizations consult experienced outsiders who provide perspective without slowing the process.
Question 3
According to the U.S. Marine Corps doctrine, the key element to good and timely decision making is:
❌ First-time mistakes are tolerated
❌ Reaching 70% solution, not 100% consensus
❌ Indecisiveness is a fatal flaw
✅ All of the options are correct
Explanation:
The Marine Corps doctrine stresses speed, tolerance for mistakes, and avoiding paralysis by over-analysis.
Question 4
Which key element of good decision making is illustrated by the Jet Propulsion Laboratory (JPL) case?
❌ Seeking a 70% solution, not a 100% consensus
✅ The crucial role of experienced, outside counselors’ advice
❌ Indecisiveness is a fatal flaw
❌ First-time mistakes are tolerated
Explanation:
The JPL case highlights the value of external expert review in preventing costly decision errors.
Question 5
According to research, what factor increases the potential for sub-optimal decision making?
❌ High optimism
❌ High confidence
❌ Seeking confirming evidence
✅ All of the options are correct
Explanation:
Optimism bias, overconfidence, and confirmation bias all contribute to poor decision outcomes.
Question 6
To minimize sub-optimal decision making, it is recommended to:
❌ Narrow collection of information to maintain focus
❌ Seek confirming evidence
✅ Seek conflicting data
❌ Rely on early information in inexperienced areas
Explanation:
Seeking disconfirming or conflicting data reduces bias and improves decision quality.
Question 7
What key lesson can managers learn from the Mann Gulch Fire case about behavior under stress?
✅ Continuously share and explain your decision making
❌ Do not express hesitation in front of subordinates
❌ Make decisions independently
❌ Continuously seek other suggestions and opinions
Explanation:
Clear and continuous communication is critical for leadership effectiveness during crises.
Question 8
According to research, a cohesive team performs better:
❌ In any organizational situation
❌ Under stress conditions, only
❌ In normal organizational situations, only
✅ None of the other options are correct
Explanation:
Cohesive teams are not universally better; their effectiveness depends on context, task, and leadership.
Question 9
What is the key recommendation for managers to reach good and timely decisions?
❌ Empower others to make decisions
❌ Build a cohesive team
❌ Develop allies and build credibility
✅ All of the other options are correct
Explanation:
Effective decision-making requires delegation, trust, teamwork, and credibility.
Question 10
What key lesson can be taken from the jewelry store exercise about decision making?
❌ A collective decision is more accurate than an individual one
❌ Broad knowledge always generates accurate decision-making
✅ Time pressure narrows the accuracy of decision-making
❌ An individual decision is more accurate than a collective one
Explanation:
The exercise demonstrates how time pressure reduces information processing, leading to poorer decisions.
🧾 Summary Table
| Question | Correct Answer | Correct Option | Key Concept |
|---|---|---|---|
| Q1 | Decision-making not purely rational | A | Managerial intuition |
| Q2 | Outside experienced counselor | C | Fast decision-making |
| Q3 | All options | C | USMC doctrine |
| Q4 | External expert advice | B | JPL case |
| Q5 | All options | B | Decision biases |
| Q6 | Seek conflicting data | C | Bias reduction |
| Q7 | Explain decisions | A | Crisis leadership |
| Q8 | None correct | B | Team cohesion |
| Q9 | All options | C | Managerial effectiveness |
| Q10 | Time pressure effect | C | Decision accuracy |