To Make Effective Decisions in Today's Fast-Moving World, Managers Need

question 30

Multiple Choice

To make effective decisions in today's fast-moving world, managers need to ________.

• A) use the five-stage decision-making process
• B) ignore cultural differences
• C) identify their style of decision making
• D) know when it is time to call it quits

---

Definitions:

Compulsory Arbitration

A legal requirement for disputes, especially labor disputes, to be settled by an impartial arbitrator whose decision is final and binding.

Senior Employee

An employee who holds a higher rank within an organization, often because of longer tenure or greater experience.

Promotion Decisions

Promotion decisions are the determinations made within an organization regarding the advancement of employees to higher positions, based on criteria like performance, seniority, and organizational needs.

Just Cause Discipline

A principle that requires employers to provide a fair and valid reason for disciplinary actions, such as termination or suspension, against an employee.