The Process by Which Managers Respond to Opportunities and Threats

question 12

Multiple Choice

The process by which managers respond to opportunities and threats that confront their organization by analyzing options and taking actions is known as:

• A)Decision making
• B)Bounded rationality
• C)Systematic error
• D)Intuition
• E)Heuristics

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Definitions:

Entry Points

Specific locations or moments that serve as starting places for engagement or entrance into a system, process, or activity.

Informal Words

Language used in everyday conversation that may not adhere to strict grammatical rules or formal expressions.

Business Writers

Professionals who specialize in creating various forms of business communications such as reports, memos, and proposals.

Proofreading

The process of reviewing and correcting written material to ensure accuracy in grammar, spelling, punctuation, and formatting.