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The idiom "cutting corners" means completing a task quickly or without following proper procedures. (A) seeing eye to eye: To agree with someone; to have the same viewpoint. (B) taking a plunge: To make a bold decision or take a risky step. (C) cutting corners: Completing a task quickly or without following proper procedures. (D) standing in good stead: To be beneficial or advantageous in the future. (E) beating around the bush: Avoiding direct communication or not getting to the point.
What is the purpose of evaluating the feasibility of possible solutions?
Decision making process first requires identification of problem. Which of the following types of problems can be considered here?
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...
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 ...
As per bounded rationality, the decision making is limited by certain factors like cognitive limitations. Cognitive limitations refer to _____
________ decision theory is concerned with how people actually make decision.
What do we call a course of action purposely chosen from a set of options to achieve organizational or managerial objectives or goals?
After a below normal monsoon season, the farmers suffered loss in the actual harvest for the year. The government released relief package for the farmer...
SWOT analysis is done by managers to help evaluate various options and make a decision. What does O in SWOT stand for?
What do we call a group brought together from different functions and levels of an organization to consider ways in which the organization's activities ...
