The Rational Model of Decision- Making Assumes All of the Following

question 86

Multiple Choice

The rational model of decision- making assumes all of the following except:

• A)managers operate in an uncertain environment.
• B)managers have the ability to evaluate all alternatives and select the best one.
• C)managers can access all the information they need.
• D)managers agree about what an organization's most important goals are.

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Definitions:

Share Capital

The funds raised by a company through the issuance of shares, representing the ownership interest invested by shareholders.

Acquisition

The process by which a company purchases most or all of another firm's shares or assets to gain control or ownership of that company.

Investment Account

An account held at a financial institution that is used for the purpose of investing in securities such as stocks, bonds, mutual funds, and other investment vehicles.

Unrealised Profit

Profit that has been recorded on paper due to accounting entries but has not yet been realized through actual cash transactions.