Question
Which of the following style of decision-making is
likely to conflict with bounded rationality theory?Solution
Analytical decision-making styles involves careful analysis of the situation, various factors affecting each situation and then arriving at a fair conclusion. Analytical style decision making describes people who feel comfortable with high tolerance for ambiguity but are motivated to find the best or most comprehensive solution and have a rational way of thinking. Analytical decisions-making style is characterized by commitment to finding the best answer , enjoying problem solving, comfort with large amounts of data, innovation, time consuming method. It is suited for complex problems
Twenty five liters of 60% concentration of acid solution is added to 35 liters of 80% concentration of acid solution. What is the concentration of acid ...
- The cost of fencing a rectangular field at the rate of Rs. 13/metre is Rs. 1560. The ratio of the length to the breadth is 7:5. Find the area of the field.
A square’s side is 25% less than the length of a rectangle. The area and breadth of the rectangle are 2000 cm² and 40 cm respectively. Calculate the ...
Find the time taken by a pipe, which releases 400 m3 of water in a minute to fill an empty cylindrical tank of radius 20 m and height 14 m. [...
A cube has edge 13 m. Find its length of diagonal, surface area and volume.Â
The radius of a cylinder is equal to the radius of a circle whose circumference is 88 units. If the height of the cylinder is 50% more than its radius, ...
A rectangular plot of size 40 m (length) Â 20 m (width) is to be grazed by a horse leaving a margin of 5 m from all sides for growing plants and also it...
A room 20 m long, 16 m broad and 8m high has 2 windows of 1 m and `1(1)/(2)` m and a door of 2m `xx` `1(1)/(2)` m. Find the cost of paperi...
The total surface area of a right circular cone is twice the surface area of a sphere having the same radius. If the volume of the sphere is 2304π cm...
The circumference of a circle is 66 cm and the length of the rectangle is 4 times the radius of the circle. Find the area (in cm2) of the rec...
Relevant for Exams:
