Concept:
For the major axis of a standard ellipse centered at the origin to coincide with the horizontal $x$-axis, the denominator parameter located under the $x^2$ term must be strictly greater than the denominator parameter located under the $y^2$ term:
$$\text{Horizontal Denominator } (a^2) > \text{Vertical Denominator } (b^2)$$
Step 1: Set up the denominator inequality condition.
Using the structural coefficients from the given ellipse equation:
$$f(K^2 + 2K + 5) > f(K + 11)$$
Step 2: Apply the decreasing function property to the arguments.
We are given that $f(x)$ is a decreasing function. By definition, a decreasing function reverses the direction of inequality signs when comparing its internal arguments:
$$y_1 > y_2 \implies f(y_1) < f(y_2)$$
Applying this rule to our inequality allows us to drop the function layers by flipping the direction pointer:
$$K^2 + 2K + 5 < K + 11$$
Step 3: Solve the resulting quadratic inequality.
Collect all terms on the left side of the inequality to form a standard quadratic expression:
$$K^2 + 2K - K + 5 - 11 < 0$$
$$K^2 + K - 6 < 0$$
Factor the quadratic polynomial expression:
$$(K + 3)(K - 2) < 0$$
Step 4: Identify the solution interval region.
Using the standard sign-chart boundary intervals, the product of the two linear binomial factors is strictly negative when the parameter $K$ lies strictly between the two root zero points:
$$K \in (-3, 2)$$
This matches option (B) perfectly.