Scribd Logo
Upload

Welcome to Scribd!

  • Mba ZG535 Ec-2r First Sem 2022-2023

    Uploaded by

    Sudeep Phogat
    15 views1 page
    This document provides information for a mid-semester test for the course "Decision Analysis" at Birla Institute of Technology & Science, Pilani. The test contains 7 questions worth a total of 30% of the course grade. It will be an open book exam lasting 2 hours on September 23, 2022. Students are instructed to follow formatting guidelines and provide assumptions for their answers. The questions cover topics like a focus on decision content over process, definitions of risk and uncertainty, applications of recognition heuristics, bounded rationality, decision making myths, the role of intuition, and dual process theory.

    Original Description:

    Original Title

    MBA ZG535 EC-2R FIRST SEM 2022-2023

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document provides information for a mid-semester test for the course "Decision Analysis" at Birla Institute of Technology & Science, Pilani. The test contains 7 questions worth a total of 30% of the course grade. It will be an open book exam lasting 2 hours on September 23, 2022. Students are instructed to follow formatting guidelines and provide assumptions for their answers. The questions cover topics like a focus on decision content over process, definitions of risk and uncertainty, applications of recognition heuristics, bounded rationality, decision making myths, the role of intuition, and dual process theory.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    15 views1 page

    Mba ZG535 Ec-2r First Sem 2022-2023

    Uploaded by

    Sudeep Phogat
    This document provides information for a mid-semester test for the course "Decision Analysis" at Birla Institute of Technology & Science, Pilani. The test contains 7 questions worth a total of 30% of the course grade. It will be an open book exam lasting 2 hours on September 23, 2022. Students are instructed to follow formatting guidelines and provide assumptions for their answers. The questions cover topics like a focus on decision content over process, definitions of risk and uncertainty, applications of recognition heuristics, bounded rationality, decision making myths, the role of intuition, and dual process theory.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Birla Institute of Technology & Science, Pilani

    Work Integrated Learning Programmes Division


    First Semester 2022-2023

    Mid-Semester Test
    (EC-2 Regular)

    Course No. : QM/MBA/MMZG535


    Course Title : DECISION ANALYSIS
    Nature of Exam : Open Book
    Weightage : 30%
    Duration : 2 Hours
    Date of Exam : 23/09/2022 (FN)
    Note to Students:
    1. Please follow all the Instructions to Candidates given on the cover page of the answer book.
    2. All parts of a question should be answered consecutively. Each answer should start from a fresh page.
    3. Assumptions made if any, should be stated clearly at the beginning of your answer.

    Q.1 Why do we often focus more on the content of a decision than on the process of decision
    making? Explain with examples. [4 Marks]

    Q.2 Explain the terms 'Risk' and 'Uncertainty'. [4 Marks]

    Q.3 What are some popular applications of 'Recognition Heuristics' in the modern world?
    [4 Marks]

    Q.4 What do you understand by the term 'Bounded Rationality'? [4 Marks]

    Q.5 Explain one of the myths in decision making. [5 Marks]

    Q.6 What is intuition? How has it played role in your life? Explain with examples. [5 Marks]

    Q.7. Articulate two systems of thinking. [4 Marks]

    You might also like