Question
Rohan wants to buy a laptop. He wants a laptop that has
5 GB RAM, cost less than Rs.30,000 and is light weight. Which of the following step of rational decision-making is being performed here by Rohan?Solution
The steps in decision making include:
- Identification of the problem or goal
- Identification of criteria and importance of those criteria
- Generate alternatives
- Gather evidence and evaluate alternatives
- Select 'best' alternative
- Evaluation of the solution
Decision making in Capital Budgeting requires all information except-
In what year was the Deposit Insurance and Credit Guarantee Corporation (DICGC) established?
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Which nation initiated the Chang'e-6 mission to gather samples from the moon's far side?
If an Atal Pension Yojana subscriber dies before reaching the age of 60, who is eligible to receive the pension benefits?
Which of the following metals is used along with iron to make 'Spotless Stainless Steel'?
Practice of buying or selling of a security by someone who has access to material nonpublic information about the security is known as___________
Which thing is the sweetest natural sugar?
Which famous former Indian cricketer was born in Chandigarh?
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