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Ratio of the profit share of A to B = (2 × 4): (3 × 5) = 8:15 Profit share of B = (15/8) × 4000 = Rs. 7500
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...
Why is it essential to consider the urgency of the problem when identifying it?
_________ are concerned with the problems of repetitive nature or routine type matters.
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...
What do we call a course of action purposely chosen from a set of options to achieve organizational or managerial objectives or goals?
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?
Which type of decision is made in a situation that is new, complex, and has no established guidelines?
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 disadvantage of group decision making?