In Managerial Decision Making, the Ability of a Manager to Discover

question 72

Multiple Choice

In managerial decision making, the ability of a manager to discover novel ideas that lead to alternative courses of action for the organization to use for solving a particular problem is known as

• A)groupthink.
• B)satisficing.
• C)innovation.
• D)creativity.

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Definitions:

Personal Use

The use of a product or service for private, non-commercial purposes.

Capital Contributions

Investments made by owners or shareholders into a company in exchange for an increase in ownership equity or stock without the need for repayment.

Total Share

The complete amount of stock issued by a company, including all shares currently held by shareholders.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.