Dramatic Change in Party Identification Is Uncommon and Is Almost

question 55

Multiple Choice

Dramatic change in party identification is uncommon and is almost always a consequence of

• A)a change in the policy position of the president.
• B)major upheaval.
• C)popular satisfaction with a government initiative.
• D)a change in the law.
• E)a Supreme Court ruling.

Grasp the principles of satisficing and its role in decision-making under bounded rationality.

Understand how warranties and corporate policies can reduce business risks and uncertainties.

Identify different models of decision-making, emphasizing the bounded rationality model.

Analyze the effects of knowledge management in enhancing organizational decision-making and innovation.

---

Definitions:

Long-Term Plans

Plans that typically look three or more years into the future.

Personal Power

The influence or authority an individual has over others, derived from skills, knowledge, or personal attributes, rather than formal positions.

Reward Power

The power to influence others through the offering of rewards, benefits, or incentives for certain behaviors or achievements.

Legitimate Power

The authority derived from a position or role within an organization, granting the power to make decisions and command obedience.