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Decision Making & Problem Solving Flashcards

7 cards from real MO practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Decision Making & Problem Solving flashcards as text
  1. A marketing officer must choose between a high-risk/high-reward campaign and a low-risk/moderate-reward campaign. Applying risk-adjusted thinking means:

    Answer: Weighing potential returns against probability and magnitude of failure

    Risk-adjusted thinking balances potential returns against both the likelihood and severity of adverse outcomes to make informed choices.

  2. Which technique involves rapidly generating a large number of ideas by suspending judgment and encouraging free association?

    Answer: Brainstorming

    Brainstorming is an ideation technique that generates large volumes of ideas by suspending criticism and encouraging uninhibited free association.

  3. A marketing officer uses 'force field analysis' when evaluating a strategic change. What does this technique identify?

    Answer: Driving forces supporting change and restraining forces opposing it

    Force field analysis identifies all forces pushing toward a change (driving forces) and all forces pushing against it (restraining forces) to assess feasibility.

  4. When a marketing team consistently chooses data that confirms their pre-existing strategy while ignoring contradictory evidence, this is called:

    Answer: Confirmation bias

    Confirmation bias is the tendency to seek, interpret, and recall information in a way that confirms one's preexisting beliefs or hypotheses.

  5. An MO faces a strategic decision with multiple stakeholders who have conflicting interests. The MOST effective first step is to:

    Answer: Map stakeholder interests and identify areas of common ground

    Mapping stakeholder interests first reveals alignment opportunities and helps the marketing officer navigate competing priorities constructively.

  6. In the Kepner-Tregoe problem analysis model, what is the primary distinction between a problem analysis and a decision analysis?

    Answer: Problem analysis identifies why something went wrong; decision analysis selects the best course of action going forward

    Kepner-Tregoe separates diagnosing the cause of a deviation (problem analysis) from choosing among alternatives to move forward (decision analysis).

  7. A marketing officer implements a solution and sets up KPIs to monitor its effectiveness over time. This phase corresponds to which part of the PDCA cycle?

    Answer: Check

    The 'Check' phase of the PDCA cycle involves monitoring results against KPIs to evaluate whether the implemented solution is working as intended.