regulatoryBody NABARD Grade A Prelims Mock Test 2024 Management Concepts of Management Decision Making
Which approach is most suitable when decisions need to be made quickly, and the decision-maker must rely on intuitive judgments rather than a detailed analysis of all possible alternatives?
1
Delphi Technique
2
Scenario Planning
3
Expected Utility Theory
4
Rational Decision-Making Model
5
Heuristic Decision-Making