Of the Four Organizational Levels, the Corporate Level Is Likely

question 141

Multiple Choice

Of the four organizational levels, the corporate level is likely to make which of the following decisions?

• A) entering a new market
• B) resource allocation for each product
• C) strategic plan for individual business units
• D) choosing specific suppliers for each business unit
• E) marketing plan for each product

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Definitions:

Overconfident

Having an excessively high opinion of one’s abilities, accuracy, or judgement.

Task Difficulty

The level of effort and skill required to successfully complete a task or assignment.

Become Cautious

To adopt a more careful and considerate approach towards decision-making or actions, often due to perceived risks or uncertainties.

Escalation of Commitment

The phenomenon where people increase their investment in a decision despite new evidence suggesting it may be wrong, often due to cognitive biases or emotional attachment.