Question
Compound interest on a certain sum of money for 2 years
is Rs.2860 while the simple interest on the same sum for the same time period is Rs.2600. Find the rate of interest.Solution
SI for 1 year = 2600/2 = Rs.1300 Difference between CI and SI for 2 years = Rs.(2860 – 2600) = Rs.260 Required rate = (260/1300) x 100 = 20%
When a manager takes inputs from his team members before taking a decision, he 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?
The Delphi technique of decision making was developed by _________
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...
Which of the following is the first step in decision making?
A plan that provides long-term, repetitive guidance for recurring activities and decisions within an organization is known as _____
Which of the following decision making style has low tolerance for ambiguity and is task oriented?
What is the purpose of evaluating the feasibility of possible solutions?
As per Mintzberg, a manager can perform 4 types of decisional roles. Which of the following is not one of them?
________ decision theory is concerned with how people actually make decision.
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