Vidyalelo
Management · Q51

Business Management

Graduate and Post Graduate · Management · question 51

Q51

The decision which does not incur any expenses is known as _________.

A.
economic decision
B.
crisis decision
C.
non-economic decision
Answer
D.
problem decision

Answer: Option C

Solution

Answer: Option C
Solution:
The decision which does not incur any expenses is known as non-economic decision. Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain. Those human activities which are undertaken for personal satisfaction or to satisfy human sentiments are non economic activities.