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 collecting information?
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. Herbert Simon, the Nobel Prize winning researcher, showed that humans went through three essential stages in the act of problem solving and decision making. He called these the Intelligence, Design, and Choice stages.
Recently Shri Nitin Gadkari approves projects worth Rs 573.13 Crore for which of the following two states?
Recently who has become the first Indian Woman to scale five peaks above 8000m?
What is the primary focus of the Memorandum of Understanding (MoU) between NTPC Green Energy Limited (NGEL) and Nayara Energy?
Consider the following statements about Allied Climate Partners (ACP):
1. At COP28, ACP joined International Finance Corporation in a climate fin...
The wholesale price index - ( WPI -) based inflation rate for September decelerated to an 18 - month low of _______ .
Who is the Chairman of the Fifteenth Finance Commission of India?
The Insurance Regulatory and Development Authority of India (IRDAI) has increased the limit on losses for the appointment of Surveyors and Loss Assessor...
Consider the following statements with respect to the monetary penalties been imposed by RBI on certain banks-
I.The Reserve Bank of India has ...
According to the data provided by the Tea Board, which of the following Gulf country emerged as a second largest importer of tea from India during the p...
‘CREDAI’ is and Indian organization related to ________________.