According to the data given in the question the arrangement is shown below: Since From (v), Neither Johnny nor Arnold is having Lamborghini. So, the only person left who could have Lamborghini is Tom. Therefore, Tom is having Lamborghini. Since From (ii), person who went to Sumatra is having Lamborghini. Therefore, Tom is having Lamborghini and went to Sumatra. Since From (i), Sylvester is neither went to Hawaii or Ko Tao and also from (iv) Sylvester does not went to Bali. Therefore, the only Island left for Sylvester is Santorini. From (iv), Arnolddo not went to Hawaii. Therefore, only Island left for Arnold is Bali. Now, only person left is Johnny and the only Island left is Hawaii. Therefore, Johnny went to Hawaii. The only car left for Johnny and Arnold is Aston Martin. Therefore, Johnny and Arnold are havingAston Martin.
What is the risk of choosing a solution solely based on personal preferences?
Which of the following is NOT one of the biases in decision making?
Which of the following is a decision-making model that focuses on using intuition and past experience?
As per bounded rationality, the decision making is limited by certain factors like cognitive limitations. Cognitive limitations refer to _____
How does a cost-benefit analysis contribute to selecting the best solution?
Which type of decision is made in a situation that is new, complex, and has no established guidelines?
The synectics technique of problem solving that focuses on innovative and creative ideas to arrive at a consensus solution, was given by _____
What can be a consequence of not eliminating other solutions before making a decision?
Strategic decisions are _______
_________ are concerned with the problems of repetitive nature or routine type matters.