Question
The simple interest on a certain sum of money at the
rate of 5 p.a. for 8 years is Rs. 840. The rate of interest for which the same amount of interest can be received on the same sum after 5 years isSolution
According to question, Simple interest is same in both condition ⇒ P × 8 × 5/100 = P × 5 × R/100 ⇒ 40/100 = R/20 ⇒ R = 8% ∴ Rate of interest is 8%
Under which of the following five functions of management, job descriptions and job specifications will fall under?
Strategic decisions are _______
Which of the following theory says that investors value gains and losses differently, placing more weight on perceived gains versus perceived losses?
Why is it necessary to eliminate other solutions in the decision-making process?
Which of the following is not a quantitative technique of decision making?
_____________Â refer to decisions that employees make each day to make the organization run.
______ is a decision-making process in which an individual makes a choice that is satisfactory rather than optimal.
As per Herbert’s Decision-making theory, the stage in which the final decision is made is referred to as ______
Rational decision making is a multi-step process starting with defining the problem. What is the next step in this process?
How does a cost-benefit analysis contribute to selecting the best solution?