Question
Fill in the Blank: The first five-year plan
focused on _________ as a way of addressing poverty while second and third plans focused on massive state led investments for employment generation in ___________sectorSolution
The first five-year plan focused on agricultural production as a way of addressing poverty while second and third plans focused on massive state led investments for employment generation in public sector.
What does the final step, making the decision, involve?
Which of the following will not be a part of decision making process?
What is the benefit of using problem-solving techniques, such as the 5 Whys?
Which of the following correctly defines decision making?
As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
Rational decision making is relies on _______
In which decision-making technique do experts provide their opinions anonymously to avoid bias, and a consensus is reached after several rounds?
Why is it crucial to clearly define the problem in decision-making?
What type of bias relies too heavily on one piece of information in making a final decision?
How does feedback play a role after making a decision?