Question
Manish is going on a vacation and needs to book a hotel.
He shortlists 3 hotels and is now comparing them on basis of cost, facilities available and proximity to tourist sites. Which step of decision making is Manish performing?Solution
The steps in decision making include: · Identification of the problem or goal · Identification of criteria and importance of those criteria · Generate alternatives/ Identify alternatives · Gather evidence and evaluate alternatives · Select 'best' alternative i.e. take decision · Review of the decision Here, Manish has already identified the alternatives (shortlisted 3 hotels) and is now evaluating them based on his criteria (cost, facilities available and proximity to tourist sites).
Which of the following is correct with respect to a minor’s liability for ‘necessaries’ supplied to him?
Which of the following is not an objective of SEBI______________
Under the Code of Civil Procedure, 1908, in one situation the contract of engagement of a lawyer by the party to suit will be deemed to continue even af...
The document registration of which is optional have been dealt in:
National Institute of MH & NS v. C. Parameshwara discusses the scope of :
______________ means guilty mind
When can a creditor, member, or partner of a corporate debtor apply to the Adjudicating Authority to declare undervalued transactions void and reverse i...
Under Food Safety and Standards Act, primary food does not include – produce of
The Board shall, within ______ after the end of each financial year, submit to the Central Government a report in such form, as may be prescribed, givin...
Where under a contract between the partners the firm is not dissolved by the death of a partner, the estate of a deceased partner is _____________
Relevant for Exams:
