INSTITUTE OF MANAGEMENT TECHNOLOGY – GHAZIABAD

Post-Graduate Diploma in Management – Dual Country Program – Full Time
1st Year (BATCH: 2021 - 23), End Term Exam 

Subject: Strategic Decision Making

Faculty Name: Dr Sridhar Vishwanath

 
Time Allowed: 2 hours 30 Minutes                                              Total Marks: 100
 
Open Book Exam 

Name:                                                            Roll No.                                    Section:

Instructions: Keep your answers brief. Ensure logical flow of arguments. Manage your time well. Do NOT
attempt to copy from any sources. No reasons need to be given for True/False questions.

Section I: Short answer type questions: Each question carries 18 marks unless mentioned otherwise: 90 marks
1. A poisoning case has surfaced in a batch of food products that were made in your food factory. What
decision tool would you use to identify the source of problem. Explain with steps.
2. A decision needs to be made regarding the reason for poor productivity of workers in your plant. What
decision tool would you use to identify the source of problem. Explain with steps.
3. A student needs to decide which company to join. She knows the salary, number of hours work per year,
attrition rate and has an estimate of probability of her selection. Which decision tool would you recommend
her to use to decide? Explain with steps.
4. You are a buyer in a global technology company responsible for buying office spaces for the company. There
are two offices spaces that have got into the final list. There are several criteria your management has given
to select the office.
These include, frontage (length of land on the main road), parking facilities, number of seats, space per seat,
catering area, emergency and safety compliance, storage space for sensitive files, friendliness to people with
disabilities, fire safety as well as lease period, escalation percentage per year and maximum annual lease
amount.
The two office spaces are very similar to each other on several parameters including financials. You
management is available for both one on one consultation and a group consultation for giving you advise
but wants to see an objective decision analysis method being used by you.
Explain the process and key considerations you would adopt in deciding which office space to finalize?
5. You have recently been appointed as a Project manager in a large IT firm. A key client has briefed you about
problems in a solution’s offerings. The problems are unforeseen and have never occurred. Prior to your
joining, the earlier project manager had never heard adequately several members in the team who had
different points of views on the solution, citing time constraints. Your boss is very keen that the client’s
issues are addressed quickly and asks you to call a meeting to decide the time needed for resolving the
issue.

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 Explain the process and key considerations you would use to recognise obstacles in the team and frame the
issue.
Section II: State True or False type questions: Each question carries 2 marks: 10 marks
1. Strategic decisions have an inter-temporal, inter-decisional and inter-actor interdependence.
2. Inquiry is used when minority views need to be valued.
3. The Dunning–Kruger effect is about overestimation of one’s ability.
4. Groupthink can be due to a collective confirmation bias.
5. A moderator is a variable that specifies conditions under which a given predictor is related to an
outcome.

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