A trader sells two chains for Rs. 4100 each, neither losing nor gaining in all. If he sold one of the chains at a gain of 25%, the other was sold at a loss of
Total selling price of two chains = 4100 + 4100 = Rs. 8200 Cost price of the first chain = 4100 * 100/125 = Rs. 3280 According to the question, there is no profit no loss. Cost price of the second chain = 8200 – 3280 = Rs. 4920 Loss = 4920 – 4100 = Rs. 820 Required % loss = 820 * 100/4920= 16.67%
________ is computer information system used to analyse the firm’s databases and turn them into information useful for decision making.
A manager's freedom to make totally rational decisions is restricted by internal and external environmental factors and by the manager's own characteris...
Which of the following decision theory is concerned with how people should make decision?
The propensity of a decision maker to be influenced by the manner in which the information is presented to him/her is known as ________
A decision matrix is a technique of decision making developed by ______
Daniel Kahneman won the Nobel Prize in Economic Sciences in 2002 for which of the following theory?
Which of the following types of decision is needed for unique problems?
The decisions that relate to mundane activities and do not require much thought are known as ________
A decision is said to be rational when it is based on _______
____________ refers to an organized technique of decision making in which team members usually note down their opinions and ideas and settle on the idea...