Question
As per Herbet Simon’s bounded rationality theory,
the decision made is ______ in nature.Solution
According to Simon, because of bounded rationality, the decision made is ‘satisficing’ in nature i.e. they only satisfy and suffice but not maximise. Thus, a decision maker is looking for a satisfactory solution for a problem in the given situation and the constraints and not for the ideal solution as that may lead to an endless search.
Which of the following is not an Asset for the bank?
Which of the following describes the relationship between systematic risk and return?
Which type of control ensures that monitoring and corrective action occur simultaneously while the activity is being performed?
 Interest rate futures and currency futures are regulated by
Which two components form the Ayushman Bharat Scheme?
What is the general provision required for substandard assets, without considering ECGC guarantee cover and securities available?
Net working capital is defined as?
The _____ measures the price volatility of fixed income securities.
Which of the following is a type of non-life insurance policy in India?
Â
In management, defining goals for company's future direction and determining on the missions and resources to achieve those targets, is termed as-Â Â
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