Managers Who Use the Method of Optimizing to Make Their

question 40

Multiple Choice

Managers who use the method of optimizing to make their decisions will attempt to choose

• A) the first minimally acceptable alternative.
• B) from those alternatives that have known results.
• C) the least expensive alternative.
• D) the alternative that produces the least conflict.
• E) an alternative that achieves the best possible balance among several goals.

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Definitions:

Employee

An individual who works part-time or full-time under a contract of employment, providing their services in exchange for compensation.

Independent Contractor

An individual or entity contracted to perform work for another party without being subject to the hiring party's control over the details of the work's performance.

Reimbursement

Compensation for money already spent or costs incurred by an individual, typically by their employer or another organization.

Employment

A formal relationship between an employer and an employee where the employee performs work or services in exchange for compensation.