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Topic: Business
Number of pages / Number of words: 5 / 1198
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Information is gathered by conducting educational tests on the student to understand cognitive functioning level based on which a curriculum is built and implemented.

Non-programmed decisions are more important as they have a direct impact on the organization's performance. In the above mentioned example an error in assessment of the student could lead to making an incorrect evaluation which would hinder the students development...


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For e.g., Our organization wanted to invest some money in mutual funds. A particular fund was selected which even though was new but, according to financial advisors the scheme was a good one to invest in. However, market trends keep changing and investment in only this particular scheme would be a concentrated risk...


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