Question
The incomes of Arjun, Kabir, and Lakshya are in the ratio
15:10:9, and their savings are in the ratio 6:4:3. If Kabir saves Rs. 16,000, which is 40% of his income, what is Lakshya’s total spending?Solution
ATQ,
Income of Kabir = 16000 ÷ 0.4 = Rs. 40,000
Income of Lakshya = 40000 × (9/10) = Rs. 36,000
Saving of Lakshya = 16000 × (3/4) = Rs. 12,000
Expenditure of Lakshya = 36000 - 12000 = Rs. 24,000
Which of the following is a decision-making model that focuses on using intuition and past experience?
As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
What do we call a group brought together from different functions and levels of an organization to consider ways in which the organization's activities ...
In which decision-making technique do experts provide their opinions anonymously to avoid bias, and a consensus is reached after several rounds?
Which of the following technique of decision making is a process in which a group of individuals generate and state ideas, but in which the rules prohib...
Decision Matrix is a type of __________ technique of decision making.
What is the significance of involving relevant stakeholders in problem identification?
Which of the following decisions cannot be delegated?
Which of the following is not a feature of Decision-making process?
Non-Programmed decisions address the _________ problems.
