Question
The difference of simple interest from two banks on Rs.
8,000 in 3 years is Rs. 800. If the rate of interest per annum in two banks is R1 and R2, then what is the value of R1- R2? (Where R1 > R2)Solution
SI= 800 P= 8000, T =3y r = R 1 -R 1 [8000×3×(R 1 -R 2 )]/100 = 800 R 1 -R 2 = 10/3%
What is the benefit of using problem-solving techniques, such as the 5 Whys?
The tendency to blame others when things go wrong, instead of looking objectively at the situation is known as __________ bias.
Why is it important to consider ethical implications when identifying possible solutions?
How can involving a diverse group in the evaluation process enhance the selection of the best solution?
__________ emerges when decision makers have limits on their ability to assimilate large amounts of information.
Which of the following correctly defines decision making?
Which of the following style of decision-making focuses on long term?
As per bounded rationality, the decision making is limited by certain factors like cognitive limitations. Cognitive limitations refer to _____
Which of the following is NOT one of the biases in decision making?
_________ is a branched flowchart showing multiple pathways for potential decisions and outcomes.
