Question
Rohit sold an item with an 18% profit. However, if he
had sold the item at a 13% loss, he would have made Rs. 930 less. If he originally marked the item at a price 64% higher than the cost price, can you determine the marked price of the item?Solution
ATQ, Let, cost price of the article be Rs. x So, 1.18x – 0.87x = 930 0.31x = 930 x = 3000 Marked price of article = 1.64 × 3000 = Rs. 4920
Which of the following is NOT a step in the decision-making process for managers?
Chandra is planning a team-building weekend trip and wants the trip to take place at Goa. However, he is unable to find a venue that can accommodate the...
Programmed decisions address the _________ problems.
A phenomenon in which decision is taken by a group that conforms to majority opinion to maintain group harmony, is known as ____________
Which of the following theory presents how people take decision when presented with alternatives that involve risk, probability, and uncertainty?
The Delphi technique of decision making was developed by _________
When a manager takes inputs from his team members before taking a decision, he is referred to as ______
Which of the following theory says that investors value gains and losses differently, placing more weight on perceived gains versus perceived losses?
Which of the following is not a feature of strategic decisions?
_____________Â refer to decisions that employees make each day to make the organization run.