Question
If a wheel covers a distance of 1760 m in 80 rotations,
then the diameter of the wheel is?Solution
Distance covered in 80 rotations = 1760 m Distance covered in 1 rotations = 1760/80 = 22 m Distance covered in 1 rotation = circumference of the wheel 2 x 22/7 r = 22m r = 7/2 2r (diameter) = (22 x 7)/22 = 7 m
Why is it crucial to clearly define the problem in decision-making?
Which of the following theory says that investors value gains and losses differently, placing more weight on perceived gains versus perceived losses?
Which type of decision is made in a situation that is new, complex, and has no established guidelines?
_________ are concerned with the problems of repetitive nature or routine type matters.
Which of the following will not be a part of decision making process?
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 _____
Which of the following is NOT a step in the decision-making process for managers?
The bounded rationality model can be used in the following situations except when __________
What is the risk of choosing a solution solely based on personal preferences?