Question
A trader opts for GST Composition Scheme and has total
turnover of ₹1.2 crore. What is the GST rate applicable?Solution
For traders, under the Composition Scheme, GST rate is 1% (0.5% CGST + 0.5% SGST).
What do we call a course of action purposely chosen from a set of options to achieve organizational or managerial objectives or goals?
Which of the following is NOT a step in the decision-making process for managers?
Decision making process first requires identification of problem. Which of the following types of problems can be considered here?
Which of the following is a common bias that can affect managerial decision-making?
Decision making is ____________
Why is it necessary to eliminate other solutions in the decision-making process?
Why is it crucial to clearly define the problem in decision-making?
The __________ management function is most closely related to decision making.
How can the SWOT analysis be useful in eliminating other solutions?
What is a potential drawback of relying solely on intuition when identifying possible solutions?
