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Start learning 50% faster. Sign in nowInflation refers to the sustained increase in the general price level of goods and services in an economy over time, which reduces the purchasing power of money.
What type of bias relies too heavily on one piece of information in making a final decision?
SWOT analysis is done by managers to help evaluate various options and make a decision. What does O in SWOT stand for?
________ decision theory is concerned with how people actually make decision.
What does the final step, making the decision, involve?
As per Mintzberg, a manager can perform 4 types of decisional roles. Which of the following is not one of them?
Which of the following is a common bias that can affect managerial decision-making?
A decision taken in response to a problem that has already taken place, is known as _____________
Which of the following is NOT one of the biases in decision making?
When a manager takes inputs from his team members before taking a decision, he is referred to as ______
Rational decision making is relies on _______
