As per the behavioural theory of decision making by Herbert Simon, there are three essential stages in the act of problem solving and decision making. What did he call the stage that relates to deciding the criteria by which to make decisions?
Behavioral approach is also known as descriptive approach and administrative model. This theory is proposed by Herbert A Simon, a well known economist, in which he attempts to explain how decisions are made in real life situations. A manager has to make decisions under different conditions and situations. 
Present age of ‘A’ is 40% more than that of ‘B’. If 11 years hence from now, ‘B’ will be 5 years younger than ‘A’, then find the sum of ...
‘A’ is 8 years younger than ‘B’ and 7 years elder than ‘C’. If the present age of ‘B’ and ‘D’ is 20 years and 15 years, respectively...
At present Ashish age is 5times Garima’s age and 2(1/2) of Aanchal’s age. After 9 years Ashish will be 2 times Garima’s age. What is A...
The present average age of ‘A’ and ‘B’ is 10 years, present average age of ‘A’ and ‘C’ is 6 years and present average age of ‘B’ and...
B is 4 years older than A and A is 6 years older than C. If the sum of the age of A and C is 22 years, then find the sum of the ages of all three.
In a classroom there are 15 boys and 13 girls. Average age of each boy and each girl is 21 years and 17 years respectively. The sum of ages of all the b...
Anil’s present age is 3/8 of his father’s present age. Anil’s sister is 4 years older than him. The ratio between the present age of Anil’s fath...
The present age of Surjeet and Rakesh are in the ratio of 4:5. After 8 years the ratio of their ages will be 6:7. What is 70% of the sum of their presen...
Present average age of 4 friends: ‘A’, ‘B’, ‘C’ and ‘D’ is 30 years. If their ages are in the arithmetic progression in the same order a...
Amit age after 13 years will be 3 times his age 5 years back. What is the present age of Amit?
