• The Defence Acquisition Council (DAC) accorded Acceptance of Necessity (AoN), the first step in the procurement process, for proposals worth ₹84,560 crore. • The proposals include some long-pending deals — such as for heavy weight torpedoes (HWT) for the Navy’s Scorpene-class submarines and flight refueller aircraft (FRA) for the Indian Air Force (IAF) — beginning afresh. • Other major deals include medium range maritime reconnaissance and multi-mission maritime aircraft for the Navy and the Coast Guard, new generation anti-tank mines, air defence tactical control radar, and software-defined radios. • The procurement of a new generation of anti-tank mines having seismic sensors and the provision of remote deactivation with additional safety features has been approved under Buy (Indigenously Designed, Developed and Manufactured category of Defence Acquisition Procedure (DAP) 2020. • The DAC has approved amendments in the DAP 2020 with respect to benchmarking and cost computation, payment schedule and procurement quantity.
What is the risk of choosing a solution solely based on personal preferences?
Which of the following theory presents how people take decision when presented with alternatives that involve risk, probability, anduncertainty?
How can collaboration with diverse teams enhance the identification of possible solutions?
What is the significance of involving relevant stakeholders in problem identification?
Why is it important to communicate the decision to relevant stakeholders?
Which type of decision is typically routine and repetitive, often governed by rules and policies?
How can involving a diverse group in the evaluation process enhance the selection of the best solution?
Decision making is an important part of management functions. Which of the following functions it is most closely related to?
In which decision-making technique do experts provide their opinions anonymously to avoid bias, and a consensus is reached after several rounds?
Which of the following decision making technique involves the use of a ‘yes’ or ‘no’ solution to arrive at a decision?