CMA Foundation · Fundamentals of Business Economics and Management · Decision-making - Types and Process
A group of employees at a company generates many ideas on reducing costs by freely suggesting them without any criticism during the session, and evaluation happens later. This group technique is:
The technique is brainstorming. Participants freely put forward as many ideas as possible without criticism during the session, and the ideas are evaluated afterwards. This differs from the Delphi technique, which uses anonymous expert questionnaires in rounds, and from decision trees, which are quantitative tools.
- ADelphi technique
- BNominal group technique
- CBrainstormingCorrect
- DDecision tree analysis
Explanation
Brainstorming encourages spontaneous idea generation with criticism withheld until later evaluation. Delphi uses anonymous questionnaires of experts in rounds, and nominal group technique involves silent written ideas followed by ranking. Decision trees are a quantitative tool, not an idea-generation session.
Did you get it right without looking?
One question tells you little. A timed set on Decision-making - Types and Process shows your real accuracy, how long you take and where you lose marks.
More Decision-making - Types and Process questions
- A Kolkata textile company has already spent ₹8 crore on a plant that now shows poor prospects. Though a fresh review suggests abandoning it,…
- A firm's sales fell 12% this quarter. The manager at once decides to cut the advertising budget, without checking whether the fall came from…
- In a Kolkata firm's board meeting, members privately doubt a proposed acquisition but stay silent because the chairman and most members appe…
- The board of Sundaram Textiles decides to enter the export market for home furnishings in Europe, committing large funds for the next ten ye…
- A manager facing uncertainty about future demand picks the option whose worst possible outcome is the least bad. Which attitude does this re…
- A manager must choose a product launch strategy where the possible outcomes of each alternative are known and the probabilities of those out…