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Behavioral approach is also known as descriptive approach and administrative model. This theory is proposed by Herbert A Simon, a well known economist, in which he attempts to explain how decisions are made in real life situations. A manager has to make decisions under different conditions and situations. Herbert Simon, the Nobel Prize winning researcher, showed that humans went through three essential stages in the act of problem solving and decision making. He called these the Intelligence, Design, and Choice stages.
Which country’s new President, Prabowo Subianto, is expected to be India’s chief guest for Republic Day 2025?
Why did the Reserve Bank of India (RBI) cancel the licence of Shankarrao Pujari Nutan Nagari Sahakari Bank Limited?
Which of the following is NOT a biodiversity hotspot in India?
Who will represent India at the annual summit of the Shanghai Cooperation Organisation (SCO) in Astana, Kazakhstan?
Which of the following became the first genetically modified commodity of Indian that has received commercial approval anywhere in the world?
What is the primary aim of the Memorandum of Understanding (MoU) between the Department of Fisheries and Open Network for Digital Commerce (ONDC)?
Which book provides a comprehensive analysis of the individuals who served as the chief of the Reserve Bank of India?
Which bank has launched 'Infinity Savings Account' that is offering special features for its customers, including no domestic transaction charges in e...
Central government pensioners aged 80 years and above will receive an additional allowance of:
________ in conjunction with the Reserve Bank Innovation Hub (RBIH), announced the launch of “Digitalised Submission of Form 15G/15H” as one of the ...