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Decision Making - Intermediate-Advanced Level: decision analysis INTERMEDIATE-ADVANCED

Intensive strategic solving 🎯 drill: 20 intermediate-advanced-level decision making questions. Worksheet 20 of 30 hones your decision analysis abilities. Practice outcome evaluation, decision criteria, logical choices under timed conditions. Best for advanced developing students seeking advanced concepts with increasing complexity.

📝 Worksheet 20 of 30 • 20 questions • ⏱️ Estimated time: 20 minutes • 🎯 Intermediate-advanced level

What you'll learn in this worksheet:
Your progress through Decision Making
Worksheet 20 of 30 (66% complete)

Question 1

Decision: Pharmaceutical company setting price for life-saving drug Considering all stakeholder impacts, what is the most ethical and practical approach?
Balances profit motive with access to medicine. Differentiated pricing maximizes revenue while ensuring affordability in developing nations. This approach balances competing interests while prioritizing overall welfare.
decision, stakeholders, ethics, corporate

Question 2

Situation: Medical treatment decision for 75-year-old patient with heart condition Considering risk assessment, what is the most appropriate decision?
For an elderly patient, balancing success rate with mortality risk is key. Medication offers reasonable success (60%) with low mortality (5%), avoiding surgical risks while providing meaningful improvement.
decision, risk, uncertainty, investment

Question 3

Decision: Hospital choosing between specialized cancer center or expanded general services Considering all stakeholder impacts, what is the most ethical and practical approach?
Greatest good for greatest number - 10,000 patients vs 500. General services impact broader community while cancer center serves niche population. This approach balances competing interests while prioritizing overall welfare.
decision, stakeholders, ethics, corporate

Question 4

Scenario: Selecting employee benefits package Criteria weights: Employee satisfaction (35%), Cost to company (30%), Retention impact (25%), Administrative ease (10%) Scores: Health focus: 9/5/8/7, Retirement focus: 6/8/7/8, Work-life balance: 8/7/9/6 Based on weighted multi-criteria evaluation, which option should be selected?
Health=3.15+1.5+2.0+0.7=7.35; Retirement=2.1+2.4+1.75+0.8=7.05; Work-life=2.8+2.1+2.25+0.6=7.75. Work-life package optimizes across criteria.
decision, matrix, weighted-evaluation

Question 5

Situation: John has 4 hours of free time: study for exam (improve grades), work part-time job (earn $60), or exercise and relax (improve health) Considering opportunity costs, what is the best choice?
Long-term academic success typically has higher lifetime value than $60 or immediate health benefits. The opportunity cost of studying is short-term earnings, but education ROI justifies this choice.
decision, opportunity-cost, trade-offs

Question 6

Situation: A government agency needs to allocate limited disaster relief funds between flood-prone and earthquake-prone regions. What should be the primary criterion for this decision?
Risk assessment should prioritize areas with highest probability of imminent disaster, as prevention is more effective than post-disaster relief.
decision, criteria, priorities

Question 7

Situation: Sarah has $10,000 to either: pay off credit card debt (12% interest), invest in stock market (expected 10% return), or put in savings account (2% interest) Considering opportunity costs, what is the best choice?
Paying off 12% debt provides guaranteed 12% 'return' (interest saved), which exceeds the expected 10% stock market return and is risk-free. The opportunity cost of not paying debt is 12% interest accrual.
decision, opportunity-cost, trade-offs

Question 8

Situation: Career decision for mid-level professional with family responsibilities (sole earner, 2 children) Considering risk assessment, what is the most appropriate decision?
As sole earner with family responsibilities, income stability is critical. The downside risk of startup failure (50%) or business failure (70%) is too high given family obligations.
decision, risk, uncertainty, investment

Question 9

Decision: City council deciding on new affordable housing project location Considering all stakeholder impacts, what is the most ethical and practical approach?
Distributes impact across neighborhoods, reduces concentrated opposition, provides better integration with existing communities. This approach balances competing interests while prioritizing overall welfare.
decision, stakeholders, ethics, corporate

Question 10

Situation: Emergency room with one ventilator left. Four patients need it: 20-year-old (90% survival), 40-year-old (70% survival), 60-year-old (50% survival), 80-year-old (30% survival). What is the best decision in this emergency situation?
Utilitarian approach - maximizing total life years saved. Youngest patient has highest potential remaining lifespan and good survival probability.
decision, emergency, crisis, time-critical

Question 11

Situation: A company can use $500,000 to: upgrade equipment (increase efficiency 20%), hire employees (expand capacity 30%), or keep as cash reserve (maintain financial stability) Considering opportunity costs, what is the best choice?
30% capacity expansion provides highest growth potential if market demand supports it. The opportunity cost of hiring is foregone efficiency gains, but capacity growth typically drives revenue more directly.
decision, opportunity-cost, trade-offs

Question 12

Decision: University deciding on tuition policy amid financial pressures Considering all stakeholder impacts, what is the most ethical and practical approach?
Balances financial sustainability with accessibility. Small increase with aid protects vulnerable students while generating needed revenue. This approach balances competing interests while prioritizing overall welfare.
decision, stakeholders, ethics, corporate

Question 13

Situation: Technology adoption decision for traditional manufacturing company Considering risk assessment, what is the most appropriate decision?
Partial automation balances risk and reward - moderate investment ($800k) with good efficiency gain (40%) and acceptable failure risk (15%). Full automation's 30% failure risk on $2M is too high for traditional company.
decision, risk, uncertainty, investment

Question 14

Decision: Company considering automation that will eliminate 200 jobs but increase efficiency by 40% Considering all stakeholder impacts, what is the most ethical and practical approach?
Balances efficiency gains with social responsibility. Saves 100 jobs while improving efficiency, providing transition support for affected workers. This approach balances competing interests while prioritizing overall welfare.
decision, stakeholders, ethics, corporate

Question 15

Decision: Launch new product now or wait 6 months for more market research? Based on expected value analysis, what is the optimal strategy?
Launch now: 40% success → expected value = 0.4×1000 = 400. Wait: 70% success after research → expected value = 0.7×900 = 630 (accounting for 100 research cost). Higher EV makes waiting optimal.
decision, sequential, probability, expected-value

Question 16

Decision: Accept job offer immediately or negotiate with current employer? Based on expected value analysis, what is the optimal strategy?
Accept: guaranteed 25% raise. Negotiate: 50% chance of 15% raise, 50% chance of 0% raise → expected = 7.5% raise. Guaranteed 25% > expected 7.5%.
decision, sequential, probability, expected-value

Question 17

Situation: Career decision for mid-level professional with family responsibilities (sole earner, 2 children) Considering risk assessment, what is the most appropriate decision?
As sole earner with family responsibilities, income stability is critical. The downside risk of startup failure (50%) or business failure (70%) is too high given family obligations.
decision, risk, uncertainty, investment

Question 18

Situation: John has 4 hours of free time: study for exam (improve grades), work part-time job (earn $60), or exercise and relax (improve health) Considering opportunity costs, what is the best choice?
Long-term academic success typically has higher lifetime value than $60 or immediate health benefits. The opportunity cost of studying is short-term earnings, but education ROI justifies this choice.
decision, opportunity-cost, trade-offs

Question 19

Situation: Business expansion decision for cash-strapped startup with limited runway (6 months of cash left) Considering risk assessment, what is the most appropriate decision?
With only 6 months runway, survival is priority. Maintaining current operations gives 90% survival chance with minimal investment, avoiding overextension risk.
decision, risk, uncertainty, investment

Question 20

Decision: University deciding on tuition policy amid financial pressures Considering all stakeholder impacts, what is the most ethical and practical approach?
Balances financial sustainability with accessibility. Small increase with aid protects vulnerable students while generating needed revenue. This approach balances competing interests while prioritizing overall welfare.
decision, stakeholders, ethics, corporate
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