The Process by Which Managers Respond to Opportunities and Threats

question 44

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

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Definitions:

Unbalanced Braking

A condition in a vehicle's brake system where the brakes do not apply evenly across all wheels, leading to decreased control and safety.

Trailer Service Braking

The braking system specifically designed for the controlled slowing or stopping of a trailer.

Dash Valve

A control valve, typically found in air brake systems of trucks, used to apply and release brakes.

Actuate

To cause a mechanical system or device to operate.