DECISION MAKING PRACTICE BANK BY VYASA IAS Decision Making Practice Bank Q.1) Delphi Technique is related to which of the following? A) Organizing B) Staffing C) Planning and Decision Making D) Controlling the subordinates Answer: Option C) Planning and Decision Making Explanation: • Delphi Technique is related to Planning and Decision Making. • Delphi method/technique aims at soliciting the views of experts through a series of strategically designed questionnaires interspersed with information and opinion feedback so as to converge their responses to a consensus. Q.2) Which of the following are not one of the qualitative techniques of decision making? A) Delphi Technique B) Brainstorming C) Didactic Interaction D) Network Analysis Answer: Option D) Network Analysis Explanation: • Various qualitative decision-making techniques are – ➢ Delphi Technique ➢ Brainstorming ➢ Didactic Interaction ➢ Nominal Group Technique ➢ Multi-Voting Q.3) Which of the following has developed the Delphi Technique, one of the qualitative techniques of decision making? A) Olaf Helmer B)Norman Dalker C) B. Aubrey Fisher D) Both A & B Answer: Option D) Both A & B Explanation: • Delphi Technique was developed way back in 1950s by Olaf Helmer and Norman Dalker at the RAND Corporation to forecast the impact of technology on warfare. Q.4) Which of the following has proposed the concept and term OODA Loop? A) Olaf Helmer B) Norman Dalker C) B. Aubrey Fisher D) John Boyd Answer: Option D) John Boyd Difficulty: Moderate Explanation: • The term and the concept “Observe-OrientDecide-Act” Loop were proposed by the military strategist and member of the United States Air Force, Colonel John Boyd. • The theory underlying the OODA loop is that decision making within our minds happens according to the way in which the recurring loops of observation, orientation, decision and action happen in response to a situation. • The basic premise is that decision makers must be agile and alert to the situations and have a clear head and cool mind to take a decision lucidly and cogently. Q.5) Which of the following has given the term “Bounded Rationality”? A) Herbert A. Simon B)Norman Dalker C)John Boyd D) B. Aubrey Fisher Answer: Option A) Herbert A. Simon Explanation: • Herbert A. Simon proposed bounded rationality as an alternative basis for the mathematical modeling of decision-making, as used in CALL 8851628134 FOR MORE QUERY 1