Managers Who Are Cautious and Try to Adhere to the Rational

question 75

Multiple Choice

Managers who are cautious and try to adhere to the rational decision- making model

• A)are more prone to escalate commitment.
• B)infrequently make decisions that lead to big losses.
• C)have a higher risk propensity than other managers.
• D)operate under information conditions of certainty.
• E)often build coalitions while making decisions.

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Definitions:

Philosopher

An individual who seeks knowledge and understanding about fundamental questions concerning existence, ethics, knowledge, and reason.

Copernicus

Nicolaus Copernicus was a Renaissance-era polymath who formulated a model of the universe that placed the Sun rather than the Earth at its center.

Aristotle

An ancient Greek philosopher and polymath, a student of Plato and teacher of Alexander the Great, who made lasting contributions to numerous fields of knowledge.

Medieval Period

Historically referring to the Middle Ages, a period in European history from the 5th to the late 15th century, characterized by feudalism, the manorial system, and the spread of Christianity.