Question
A decision that is based on bad logic and reasoning is
suffering from which of the following?Solution
Judgment errors or business errors or mistakes occur due to poor decision making. Judgments are based on bad logic and reasoning. Judgement errors are different from biases in the sense that biases focus on small bits of information instead of the entire information for arriving at a decision.
When our decision about the ability of a person is influenced by the general impression we have of the individual, our decision is said to be impacted b...
A decision that lacks reasoning is ________
In an organization the delegation of authority results in prompt ________
Which of the following is an intuitive decision?
A decision matrix is a technique of decision making developed by ______
The sales head is setting the sales target of the month for each team member. This is a ________ decision.
When the decision making is completely left to the team members, it denotes _______ style of management.
A decision that is based on bad logic and reasoning is suffering from which of the following?
____________ refers to an organized technique of decision making in which team members usually note down their opinions and ideas and settle on the idea...
Which of the following is a non-programmed decision?