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Number of chocolates purchased by Sumit from shop C = [(10/100) × 200] – 12 = 20 – 12 = 8 Number of chocolates purchased by Sumit from shop E = [(15/100) × 200] – 15 = 30 – 15 = 15 Required ratio = 8:15
Which of the following is not a feature of strategic decisions?
Decision making is an important part of management functions. Which of the following functions it is most closely related to?
When the decision maker chooses the optimal solution to a problem that maximises the outcome, after careful analysis, it is known as ________
Which of the following style of decision-making is likely to conflict with bounded rationality theory?
Which of the following is a common bias that can affect managerial decision-making?
In a democratic decision-making style, the decision is based on inputs from _____
What is the benefit of using problem-solving techniques, such as the 5 Whys?
How does prioritizing criteria contribute to selecting the best solution?
Which of the following would be a decision which is for repetitive or routine problems for which the responses have been already been decided?
Which of the following is not a feature of a strategic decision?
