Q2)  Suppose you are taking a decision to invest in the Stock market. The characteristic of the stock market is that it keeps on fluctuating and the investor takes a risk in investing.

a)Is the decision of investing in the stock market rational or bounded rational? Please give logical reasoning to support your answer (5 marks) (200 words minimum)
b)What assumption of rational and bounded rational decision making can be analysed in this situation and how? Discuss critically each assumption in three lines. (5 marks) (200 words minimum)

Question No.3: Manager’s effectiveness in strategic planning and ultimately operational planning is unlikely to occur unless leaders and managers first understand the purpose of planning and its relationship with the other mission functions.
a)Define strategic and operational planning. Critically discuss this statement. (3 marks-150-word limit)

Answer rating: 100% (QA)

a Investing in the equity market can always be a rational judgment when you are specifically concerned with a high degree of risk so you can prioritize and pick the right one among the alternatives av... View the full answer