When Managers Ask Themselves How Something Occurred and What Will

question 92

Multiple Choice

When managers ask themselves how something occurred and what will be the result, they are in which stage of the managerial decision-making process?

• A) Selection of a desired alternative
• B) Development of alternatives
• C) Diagnosis and analysis of causes
• D) Recognition of decision requirement
• E) Evaluation and feedback

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Definitions:

Compensation Strategy

A plan established by an organization to determine how to reward employees effectively, taking into account salaries, benefits, bonuses, and other forms of compensation.

Turnover Costs

Expenses related to replacing employees who leave the organization, including recruitment, training, and lost productivity.

Recruitment Costs

Expenses incurred by an organization in the process of finding and hiring new employees, including advertising, interviewing, and training expenses.

Labour Demand

The need or desire for labor within the market or economy, often influenced by economic conditions, organizational growth, and industry trends.