Question
The cost price of an article is
30% less than its selling price. For how much profit was it sold? (Round off up to 2 decimal places)Solution
ATQ,
Let the selling price of the article be Rs. ‘100x’. So, the cost price of the article = 100x × 0.7 = Rs. ‘70x’. Profit earned = 100x – 70x = Rs. ‘30x’. Required percentage = (30x/70x) × 100 = 42.857% ≈ 42.86%
Which of the following is NOT a step in the decision-making process for managers?
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...
Programmed decisions address the _________ problems.
A phenomenon in which decision is taken by a group that conforms to majority opinion to maintain group harmony, is known as ____________
Which of the following theory presents how people take decision when presented with alternatives that involve risk, probability, and uncertainty?
The Delphi technique of decision making was developed by _________
When a manager takes inputs from his team members before taking a decision, he is referred to as ______
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 feature of strategic decisions?
_____________Â refer to decisions that employees make each day to make the organization run.
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