Question
The propensity of a decision maker to be influenced by
the manner in which the information is presented to him/her is known as ________Solution
Framing effect is an example of cognitive bias, in which people react to a particular choice in different ways depending on how it is presented. For example, a salesperson promoting a product would much rather claim ‘85% of customers were satisfied with the product’ than admit ‘15% of customers were dissatisfied’. But the two statistics actually convey the same information.
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?
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