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Base CPI = Rs. 100 Current CPI = Rs. 325 Base year salary = Rs. 2,000 Current year salary = Rs. 5,000 When base CPI is Rs. 100, then the salary is = Rs. 2,000 Current salary equivalent to base year salary = (Base year salary / 100) × CPI When CPI is 325, then the salary should be (2,000 / 100) × 325 = Rs.6,500 Thus, his salary should be Rs. 6,500 to maintain his purchasing power. Therefore, in the current year, the allowance required is Rs. 6,500 - Rs. 5,000 = Rs. 1,500 so as to maintain the same level of living in the current year as that of the base year.
The sales head is setting the sales target of the month for each team member. This is a ________ decision.
Which of the following is a NOT quantitative technique of decision making?
A decision matrix is a technique of decision making developed by ______
Which of the following is an intuitive decision?
A decision that lacks reasoning is ________
Which of the following is a Multiple Criteria Decision Analysis technique that presents a series of values in columns and rows that allow you to visuall...
Non programmed decisions are most likely to be made by _________
Which of the following is NOT an advantage of group decisions?
Decision making is an important part of management functions. Which of the following functions it is most closely related to?
The NABARD Chairman called a meeting of all the Managers and asked them to give their ideas to a stated problem. The Chairman listened to all the idea ...
