4L For shahinmermaid

Question 1

1.  

Matrix tools routinely support a number of different types of decisions in the commercial sector.  Engineers use them to evaluate design options. Purchasing agents rely on them to help select vendors.They are a key part of the ___________ method for quality assurance.

10 points   

Question 2

1.  

In situations with multiple decision makers, each can individually evaluate the decision fi rst using the scoring grids; then the results can be con- solidated onto one grid and the individual scores for the criteria compared, reviewed, and discussed systematically.

 True

 False

10 points   

Question 3

1.  

We should note that there should never be a situation where decision makers disagree with each other profoundly when using the matrix.

 True

 False

10 points   

Question 4

1.  

The total score of the matrix provides a measure of the decision makers’ collective judgment that the choice meets specific criteria. The higher the score, the better the match.

 True

 False

10 points   

Question 5

1.  

When using the matrix, the lower the percentage, the more closely the decision meets the due diligence criteria and the lower the risk.

 True

 False

10 points   

Question 6

1.  

If a choice is closely aligned with the strategic plan that the board developed, the board’s additional oversight may be unnecessary.

 True

 False

10 points   

Question 7

1.  

In the author's experience, certain criteria are usually given the heaviest weightings: strategic alignment, feasibility, expertise, and reasonable cost.

 True

 False

10 points   

Question 8

1.  

Binary choices can be viewed as the most complex form of action. The decision maker chooses between taking a specific course of action or doing nothing.

 True

 False

10 points   

Question 9

1.  

It is important to remember that the numbers do not drive the decision. The numbers merely reflect the opinions of the decision makers.

 True

 False

10 points   

Question 10

1.  

In making critical decisions, it is essential to capture some of the relevant information and opinions in a way that is clear, consistent, and easily managed.

 True

 False