Managerial Opportunism Occurs When Managers

question 49

Multiple Choice

Managerial opportunism occurs when managers:

• A) have opportunities in the external labor market.
• B) have opportunities in the internal labor market.
• C) take actions that are in their own best interests but not in the firm's best interests.
• D) take actions that are in their own best interests and also in the firm's best interests.

Recognize the importance of keystone species and their impact on community structure.

Understand the ecological consequences of invasive species and anthropogenic changes on native populations.

Explain the process and effects of character displacement in species evolution.

Describe various ecological niches and the factors that influence species distribution.

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Definitions:

Recognition Heuristics

A psychological strategy where a person makes a decision based on the recognition of one alternative over others, often used in situations involving uncertainty.

Economic Models

Simplified representations of complex economic processes used to predict and analyze economic outcomes.

Impulse Buying

The act of purchasing items on a whim without prior planning, often driven by emotions or immediate desires.

Faster Decisions

The acceleration of decision-making processes, often through improved technology or strategic planning.