MGMT 317 LinkedIn Learning Course 3

How many states of ambiguity are there?

4

Which one of these is NOT a decision-making style?

Directorial

What is one purpose of using a metric after a decision has been communicated and executed?

Evaluate the decision compared to the original goal

What is the most valuable thing you can do when faced with a spectrum of outcomes in a state of ambiguity?

Gather more information from multiple sources.

Buy-in is a critical aspect of making a(n) _____ decision.

consensus-based

What should you try to balance when reducing decision-making risk?

gathering information and time

What should you do when you are in a state of ambiguity with distinct possible outcomes?

Create contingency plans for each of the possible outcomes

What does the letter "I" in a RACI matrix stand for?

Informed

Once you've made a decision, be sure to _____.

ask critical questions and reevaluate the decision

One of the results of involving stakeholders in a decision is increased

buy-in

What is the first thing you should do in the decision-making process?

define the decision goal

In a state of ambiguity where the outcomes are highly predictable, you need _____.

little incremental input

What is an important factor to consider in all three types of decisions?

reducing risk

Participatory decision-making reduces the _____ of the decision.

risk

A consensus-based decision-making style should be used for _____ decisions.

low urgency situations.

What is NOT an effective approach to a state of ambiguity with completely unpredictable outcomes?

make a decision with little incremental input

A democratic decision-making style is best used for low _____ and low to medium _____ decisions.

risk; urgency