Question
What is the meaning of “locus standi”?
Solution
The rule of locus standi is a latin term which propounds a person’s right to appear before a court or his standing before the court of law on a particular question. That can be for he is aggrieved for his rights etc.
Which of the following decision theory is concerned with how people actually make decision?
Why is it crucial to clearly define the problem in decision-making?
Why is it essential to consider the urgency of the problem when identifying it?
Which of the following is not a group decision making technique?
As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
______ is a decision-making process in which an individual makes a choice that is satisfactory rather than optimal.
A company is deciding on whether to buyout its competitor or not. One group is analysing all the pros of buying out while another group is listing down ...
Decision making is an important part of management functions. Which of the following functions it is most closely related to?
Why is it necessary to eliminate other solutions in the decision-making process?
In a democratic decision-making style, the decision is based on inputs from _____
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