On July 7, 2022, Government of Chhattisgarh approved its “Electric Vehicle (EV) Policy 2022”. Chhattisgarh government has made a target to increase registration for electric vehicles in five years, in a manner that it accounts for 15 per cent of new registrations of individual or commercial vehicles. EV policy 2022 was approved with the objective of making Chhattisgarh an EV-manufacturing hub, reducing environment degradation and creating employment.
What is the risk of choosing a solution solely based on personal preferences?
Which of the following is NOT one of the biases in decision making?
Which of the following is a decision-making model that focuses on using intuition and past experience?
As per bounded rationality, the decision making is limited by certain factors like cognitive limitations. Cognitive limitations refer to _____
How does a cost-benefit analysis contribute to selecting the best solution?
Which type of decision is made in a situation that is new, complex, and has no established guidelines?
The synectics technique of problem solving that focuses on innovative and creative ideas to arrive at a consensus solution, was given by _____
What can be a consequence of not eliminating other solutions before making a decision?
Strategic decisions are _______
_________ are concerned with the problems of repetitive nature or routine type matters.
