Question
Which of the following should be considered for
‘Pigovian taxation’? (1) Consumption of cigarettes (2) Research for new technologies (3) Burning of fossil fuels (4) Restoration of lost cultural heritage Choose the correct answer using the codes given below:Solution
A Pigovian tax is applied to a market activity that is generating negative externalities (costs for somebody else) like cigarette consumption, burning of fossil fuel.
Under which of the following five functions of management, job descriptions and job specifications will fall under?
Strategic decisions are _______
Which of the following theory says that investors value gains and losses differently, placing more weight on perceived gains versus perceived losses?
Why is it necessary to eliminate other solutions in the decision-making process?
Which of the following is not a quantitative technique of decision making?
_____________Â refer to decisions that employees make each day to make the organization run.
______ is a decision-making process in which an individual makes a choice that is satisfactory rather than optimal.
As per Herbert’s Decision-making theory, the stage in which the final decision is made is referred to as ______
Rational decision making is a multi-step process starting with defining the problem. What is the next step in this process?
How does a cost-benefit analysis contribute to selecting the best solution?
