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LCM of 45, 60, and 75 = 900. The smallest multiple greater than 1500 is 1800. Correct Option: b) 1800
The tendency to blame others when things go wrong, instead of looking objectively at the situation is known as __________ bias.
What can be a consequence of not eliminating other solutions before making a decision?
In which decision-making technique do experts provide their opinions anonymously to avoid bias, and a consensus is reached after several rounds?
What type of bias relies too heavily on one piece of information in making a final decision?
A phenomenon in which decision is taken by a group that conforms to majority opinion to maintain group harmony, is known as ____________
As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
Which of the following is not a characteristic of decision making?
The Delphi technique of decision making was developed by _________
________ decision theory is concerned with how people actually make decision.
Decision making is an important part of management functions. Which of the following functions it is most closely related to?
