Question
An article is marked 40% above the cost price. If a
discount of x% is given on the marked price of the article, then a final profit of 12% is obtained. Now if the C.P. of a new article is Rs. 2,400 and x% profit is desired then what should be the selling price of that new article?Solution
Let CP =100       Profit % =12% MP =140             Discount =x% By Formula – MP/CP =(100+P)/(100-D) 140/100 =112/100-x 7/5 =112/100-x 100-x =80 X =20%. Then SP =2400×120/100 =2880.
Which of the following is NOT a step in the decision-making process for managers?
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...
Programmed decisions address the _________ problems.
A phenomenon in which decision is taken by a group that conforms to majority opinion to maintain group harmony, is known as ____________
Which of the following theory presents how people take decision when presented with alternatives that involve risk, probability, and uncertainty?
The Delphi technique of decision making was developed by _________
When a manager takes inputs from his team members before taking a decision, he is referred to as ______
Which of the following theory says that investors value gains and losses differently, placing more weight on perceived gains versus perceived losses?
Which of the following is not a feature of strategic decisions?
_____________Â refer to decisions that employees make each day to make the organization run.
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