Question
The average age of the husband, wife, and their child 3
years ago was 24 years and that of the Wife and the child 4 years ago was 19 years. The present age of the Husband is:Solution
The average age of (husband, wife, child) before 3 years=24 Total age of (husband, wife, child) before 3 years=24×3=72 Total age of (husband, wife, child) present =72+9=81 years. The average age of husband and child before 4 years=19 years Total age of Wife and child before in present = (19×2) +8 = 46 years so now the age of the Husband= is 81-46=35 years
Which of the following theory says that investors value gains and losses differently, placing more weight on perceived gains versus perceived losses?
When the decision maker chooses the optimal solution to a problem that maximises the outcome, after careful analysis, it is known as ________
The bounded rationality model can be used in the following situations except when __________
Chandra is planning a team-building weekend trip and wants the trip to take place at Goa. However, he is unable to find a venue that can accommodate the...
Which of the following style of decision-making is likely to conflict with bounded rationality theory?
Decision making is ____________
The synectics technique of problem solving that focuses on innovative and creative ideas to arrive at a consensus solution, was given by _____
Which of the following will not be a part of decision making process?
A phenomenon in which decision is taken by a group that conforms to majority opinion to maintain group harmony, is known as ____________
Rational decision making is relies on _______
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