{"id":44128,"date":"2024-04-15T21:39:16","date_gmt":"2024-04-15T21:39:16","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=44128"},"modified":"2024-04-15T21:39:16","modified_gmt":"2024-04-15T21:39:16","slug":"statement-i-business-decision-makers-deal-with-the-complex-rather-chaotic-business-conditions-of-the-real-world-and-have-to-find-the-way-to-their-destination-i-e-achieving-the-goal-that-they-set-f","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/statement-i-business-decision-makers-deal-with-the-complex-rather-chaotic-business-conditions-of-the-real-world-and-have-to-find-the-way-to-their-destination-i-e-achieving-the-goal-that-they-set-f\/","title":{"rendered":"Statement I Business decision makers deal with the complex, rather chaotic, business conditions of the real world and have to find the way to their destination, i.e. achieving the goal that they set for themselves. Statement II Even without application of economic logic and tools of analysis, business decisions are always rational and real and are not counter productive."},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Both the statements are correct&#8221; option2=&#8221;Both the statements are incorrect&#8221; option3=&#8221;Statement I is correct, while Statement II is incorrect&#8221; option4=&#8221;Statement I is incorrect, while Statement II is correct&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>C. Statement I is correct, while Statement II is incorrect.<\/strong><\/p>\n<p>Statement I is correct because business decision makers do deal with the complex, rather chaotic, business conditions of the real world. They have to make decisions in a constantly changing environment, with limited information and resources. They have to weigh the risks and benefits of different options, and make decisions that are in the best interests of their company.<\/p>\n<p>Statement II is incorrect because business decisions are not always rational and real. Sometimes, business decisions are made based on emotion or intuition, rather than on logic or analysis. Sometimes, business decisions are made to benefit a particular individual or group, rather than the company as a whole. And sometimes, business decisions are made that are actually counterproductive, leading to negative consequences for the company.<\/p>\n<p>In conclusion, Statement I is correct because business decision makers do deal with the complex, rather chaotic, business conditions of the real world. Statement II is incorrect because business decisions are not always rational and real.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Both the statements are correct&#8221; option2=&#8221;Both the statements are incorrect&#8221; option3=&#8221;Statement I is correct, while Statement II is incorrect&#8221; option4=&#8221;Statement I is incorrect, while Statement II is correct&#8221; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-44128","post","type-post","status-publish","format-standard","hentry","category-economics","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Statement I Business decision makers deal with the complex, rather chaotic, business conditions of the real world and have to find the way to their destination, i.e. achieving the goal that they set for themselves. Statement II Even without application of economic logic and tools of analysis, business decisions are always rational and real and are not counter productive.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/statement-i-business-decision-makers-deal-with-the-complex-rather-chaotic-business-conditions-of-the-real-world-and-have-to-find-the-way-to-their-destination-i-e-achieving-the-goal-that-they-set-f\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Statement I Business decision makers deal with the complex, rather chaotic, business conditions of the real world and have to find the way to their destination, i.e. achieving the goal that they set for themselves. Statement II Even without application of economic logic and tools of analysis, business decisions are always rational and real and are not counter productive.\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Both the statements are correct&#8221; option2=&#8221;Both the statements are incorrect&#8221; option3=&#8221;Statement I is correct, while Statement II is incorrect&#8221; option4=&#8221;Statement I is incorrect, while Statement II is correct&#8221; correct=&#8221;option3&#8243;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/statement-i-business-decision-makers-deal-with-the-complex-rather-chaotic-business-conditions-of-the-real-world-and-have-to-find-the-way-to-their-destination-i-e-achieving-the-goal-that-they-set-f\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T21:39:16+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Statement I Business decision makers deal with the complex, rather chaotic, business conditions of the real world and have to find the way to their destination, i.e. achieving the goal that they set for themselves. Statement II Even without application of economic logic and tools of analysis, business decisions are always rational and real and are not counter productive.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/statement-i-business-decision-makers-deal-with-the-complex-rather-chaotic-business-conditions-of-the-real-world-and-have-to-find-the-way-to-their-destination-i-e-achieving-the-goal-that-they-set-f\/","og_locale":"en_US","og_type":"article","og_title":"Statement I Business decision makers deal with the complex, rather chaotic, business conditions of the real world and have to find the way to their destination, i.e. achieving the goal that they set for themselves. Statement II Even without application of economic logic and tools of analysis, business decisions are always rational and real and are not counter productive.","og_description":"[amp_mcq option1=&#8221;Both the statements are correct&#8221; option2=&#8221;Both the statements are incorrect&#8221; option3=&#8221;Statement I is correct, while Statement II is incorrect&#8221; option4=&#8221;Statement I is incorrect, while Statement II is correct&#8221; correct=&#8221;option3&#8243;]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/statement-i-business-decision-makers-deal-with-the-complex-rather-chaotic-business-conditions-of-the-real-world-and-have-to-find-the-way-to-their-destination-i-e-achieving-the-goal-that-they-set-f\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-15T21:39:16+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/statement-i-business-decision-makers-deal-with-the-complex-rather-chaotic-business-conditions-of-the-real-world-and-have-to-find-the-way-to-their-destination-i-e-achieving-the-goal-that-they-set-f\/","url":"https:\/\/exam.pscnotes.com\/mcq\/statement-i-business-decision-makers-deal-with-the-complex-rather-chaotic-business-conditions-of-the-real-world-and-have-to-find-the-way-to-their-destination-i-e-achieving-the-goal-that-they-set-f\/","name":"Statement I Business decision makers deal with the complex, rather chaotic, business conditions of the real world and have to find the way to their destination, i.e. achieving the goal that they set for themselves. 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