Question
How many High Frequency Indicators (HFIs) were used by
the government in the last two years to gauge the underlying state of the economy on a real-time basis ?Solution
In the last two years, Government leveraged an array of 80 HFIs representing industry, services, global trends, macro-stability indicators and several other activities, from both public and private sources to gauge the underlying state of the economy on a real-time basis.
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. W...
Which of the following is a not feature of a programmed decision?
Which type of decision is typically routine and repetitive, often governed by rules and policies?
The __________ management function is most closely related to decision making.
What type of bias relies too heavily on one piece of information in making a final decision?
One technique of decision making is a type of brainstorming technique that requires participants to pen down the ideas individually and then rank the id...
What do we call a course of action purposely chosen from a set of options to achieve organizational or managerial objectives or goals?
What is the benefit of using problem-solving techniques, such as the 5 Whys?
Decision Matrix is a type of __________ technique of decision making.
Which of the following will not be part of Rational decision making?
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