Question
According to the World Bank, India will see a growth
rate of what % in the year 2016 -17.Solution
The World Bank expects India’s growth to pick up 7.8 percent in the next financial year, projecting it to be the fastest growing economy in the world for the next three years.Â
India is expected to notch near 8 percent growth in the subsequent years as the world economy also picks up pace to 2.9 percent growth in 2016 compared with a modest 2.4 percent in the just concluded year.
What do we call a course of action purposely chosen from a set of options to achieve organizational or managerial objectives or goals?
Which of the following is NOT a step in the decision-making process for managers?
Decision making process first requires identification of problem. Which of the following types of problems can be considered here?
Which of the following is a common bias that can affect managerial decision-making?
Decision making is ____________
Why is it necessary to eliminate other solutions in the decision-making process?
Why is it crucial to clearly define the problem in decision-making?
The __________ management function is most closely related to decision making.
How can the SWOT analysis be useful in eliminating other solutions?
What is a potential drawback of relying solely on intuition when identifying possible solutions?
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