Decision Making Under Uncertainty

 Decision making under uncertainty The area of choice under uncertainty represents the heart of decision theory. Known from the 17th century (Blaise Pascal invoked it in his famous wager, which is contained in his Pensées, published in 1670), the idea of expected value is that, when faced with a number of actions, each of which could give rise … Read more Decision Making Under Uncertainty

FUNCTIONS OF MANAGEMENT.Decision.making Docx

 FUNCTIONS OF MANAGEMENT – DECISION MAKING   Concept and meaning   Decision making is the process of identifying and selecting a course of action to solve a specific problem.   Decision making involves the selection of a course of action from among two or more possible alternatives in order to arrive at a … Read more FUNCTIONS OF MANAGEMENT.Decision.making Docx

Dr. B.R. Ambedkar, his life and contribution to making of Indian Constitution

Dr. Ambedkar and constitution Due to his seminal role in the framing of the Indian Constitution, Dr Bhimrao Ambedkar is popularly known all over India as the chief architect of the Indian Constitution. His efforts to eradicate social evils were remarkable and that is why he is called the “messiah” of the Dalits and downtrodden … Read more Dr. B.R. Ambedkar, his life and contribution to making of Indian Constitution