List of top Decision Making Questions on Analytical Decision Making

Arya, a graduate from a reputable institute, got a job in an IT company but became bored after a year. Her best friend S, who worked at the same company, joined a top-tier B-school for an MBA, which tempted Arya to pursue the same path. Her friend assured her that an MBA would boost her career prospects and salary. Arya started preparing for an MBA while continuing her job, but the challenge of balancing preparation with work made her consider leaving the job.

There’s a community 30 km outside of the main city. Mr. S started a grocery business in the community after winning the bid by offering way above the rent initially drafted by the community council. The community council, led by Mr. D, agreed to the offer with a performance review every three years. Mr. S also agreed to provide an additional 15% of his grocery sales to the council, banking on the prospect of selling in higher volumes. After setting up his business, Mr. S noticed that SUV owners in the community usually bought goods in bulk from the city once a week and used his store primarily for daily necessities and occasional big purchases like mixer grinders.

Tech predictions often fail not because of wrong models or a lack of imagination, but due to lack of humility in admitting our uncertainty about the future.( Maximum 250 words )