Two Basic Types of Decision Alternatives Are Used to Arrive

question 5

Multiple Choice

Two basic types of decision alternatives are used to arrive at acceptable production or staffing plans: capacity alternatives and demand alternatives. If an organization that faces seasonal demand uses a reactive approach, which one of the following actions is it most likely to implement?

• A) advertising to generate demand during off- peak periods
• B) introduction of complementary products
• C) creating a stock of anticipation inventory
• D) discounting products in off- peak periods

Understand the principles of informal vs. formal rule-making processes within administrative agencies.

Gain knowledge on the roles and powers of administrative law judges (ALJs) in the initial order process and the consequences of not appealing their decisions.

Comprehend the legal framework and consequences surrounding the non-compliance with agency rules, including subpoena power and the imposition of penalties.

Recognize the legislative process involved in creating administrative agencies, including enabling legislation and the agency's rule-making authority.

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Definitions:

Practical Intelligence

The ability to solve everyday problems by utilizing knowledge gained from experience in order to effectively deal with tasks and challenges.

Fluid Intelligence

The capacity to reason quickly and to think abstractly, often considered independent of learning, experience, and education.

Multiple Intelligences

describes a theory by Howard Gardner that suggests human intelligence is comprised of many distinct types, including logical-mathematical, linguistic, musical, spatial, bodily-kinesthetic, interpersonal, intrapersonal, and naturalist intelligences.

Bodily Kinesthetic

Refers to the ability to coordinate body movements and handle objects skillfully, often associated with physical intelligence.