Because Managers Can't Possibly Analyze All Information on All Alternatives

question 53

Multiple Choice

Because managers can't possibly analyze all information on all alternatives, managers ___________, rather than___________ .

• A) satisfice; minimize
• B) satisfice; maximize
• C) maximize; satisfice
• D) maximize; minimize

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Definitions:

Intelligence

The ability to learn, understand, and apply knowledge and skills.

Measured

A quantitative assessment or a manner of evaluation involving numerical comparison.

Controversies

Disputes or debates, often public, arising from differing opinions or interpretations on a topic.

Cognitive Characteristics

Intellectual qualities or features that distinguish an individual's pattern of thinking, learning, and problem-solving.