A Guide to Understanding the Purpose of Decision Making Test

Decision making is a cognitive process in terms of psychology. It is a reasoning process based on the assumption values. Every decision-making process has an output that may be favourable or unfavourable. It can also be defined as a series of steps taken by a person bravely to determine the best option and to meet their needs.

Decision Making Methodologies

1. Identifying the problem.

2. Seek information about different decisions that are possible.

3. Evaluate all decisions and choose the best of them.

4. Implementing a decision on the problem.

5. Monitor the results after the implementation of the decision.

6. Make changes in the decision if it is necessary.

Effective Steps Of Decision Making

1. Identifying The Decision

First, the decision must be identified. The problem must be identified according to nature and must act according to it. This is the most important step.

2. Gathering Relevant Information

Collect the important information according to the problem. This involves both internal and external work. Internal work can be defined as the process of self-assessment. Some information is external in which we find the information online, in books etc.,

3. Identify The Other Ways Or Alternatives

As the information is collected by us for the problems, we may find several ways or alternatives to our problem. We may also use our power of imagination to construct new ways or alternatives. All possible, desirable and successful alternatives are listed and then used for the problem.

4. Weigh The Evidence

Think about all your information and emotions that we liked to carry out in the process of providing a solution to our problem. This is one of the difficult internal processes.

5. Choosing Among The Alternatives

Once we have studied all the evidence, it’s time now to select the best among ourselves. We can also choose a combination of alternatives. Thus this is also one of the important processes in decision making.

6. Take Action According To Problem

As step 5 of selecting our alternative according to the problem is completed, now it’s time to execute our alternatives according to our plans.

7. Reviewing Decision

Now in this step, we are in an urge to find whether the alternative used by us is effective for our problem or not. If not, it is necessary for us to review our decision. If it is needed, we should also gather more evidence and should come up with a new alternative such that our new solution makes us free from our problem.

Steps For Solving Decision Making Questions

TIP 1: The person who is going to solve the question must read the question carefully. They must try to understand the given concept in it and analyse it before attempting.

TIP 2: They must analyze the given biodata for the candidate so that the process of eliminating the option becomes easier.

TIP 3: They must follow the instructions provided and must act according to them. The points provided in the answer must be valid points.

Sample Question

The conditions to select trainees for the summer internships at SBI bank. The conditions are

1. should be at least nineteen years in the case of females and twenty-one years in the case of males. Age should be below 25 years for both males and females as of 01.04.2022.

2. Must be a graduate with a degree with a minimum percentage of 70%.

3. must secure at least 45% in the entrance or eligibility test.

4. money deposit conditions:

• The money deposit will be forty thousand rupees if the candidate has secured or passed graduation with less than 60% marks but more than 55% marks.

• If they have secured 80% marks in their graduation, then the caution deposit is twenty-five thousand rupees. If the marks are between 60 to 80%, then the amount of deposit is thirty thousand.

• If the candidate is the daughter or son of any employee working in SBI, then the deposit amount will be one-third applicable to others.

If the candidate fulfils the given conditions, then

1. Should pay only upto 3/5th of the applicable amount, then they can be selected provisionally.

2. Should pay only one-third of the applicable amounts, then they can be selected or referred.

3. For the candidates who have secured below 50% but above 45% marks, then the candidate can be referred.

Q1. Sahana has passed B. A with 52% marks and also got 54% marks in her selection test. She was born on 21 February 2002. She can pay the amount that is required for recruitment.

Sol. If we analyse the information from the given questions with the statement provided above, we can see that the information provided cannot happen. This is because her marks in her graduation are less than seventy percent which is insufficient.

Q2. Suresh has passed B.com with 85% and secured 70% in the selection test. He was born on February 21, 2000. He can pay a maximum of fourteen thousand rupees as a deposit.

Sol. If we analyse the given data with all the above statements, we can find that the candidate can be referred for provisional selection by the manager as he can pay fourteen thousand rupees which are higher than the required 12500 rupees.

These are ways /methods to answer the question based on decision making.