Owners’ equity is shown as the liability in the balance sheet. This is based on the accounting concept:
Business entity concept is one of the accounting concepts that states that business and the owner are two separate entities and therefore, should be considered separate from each other. As per this concept, the financial transactions pertaining to the business entity should be recorded separately from the business owners transactions.
An employee forgoes promotion to avoid transfer to another city. This is a type of ________
Decision making is an important part of management functions. Which of the following functions it is most closely related to?
When a manager takes inputs from his team members before taking a decision, he is referred to as ______
How does a cost-benefit analysis contribute to selecting the best solution?
The tendency to blame others when things go wrong, instead of looking objectively at the situation is known as __________ bias.
How does brainstorming contribute to identifying possible solutions?
In the decision-making process, which of the following is the most essential element required?
The pre-dispositioning theory of decision making was given by ___________
How does feedback play a role after making a decision?
_________ is a branched flowchart showing multiple pathways for potential decisions and outcomes.