Vigilance in Decision Making Means the

question 125

Multiple Choice

Vigilance in decision making means the

• A)customer realizes increased value as a result of the decision.
• B)manager has carefully completed all stages in the decision-making process.
• C)manager has overdone the decision-making process.
• D)employees have full control over the decision-making process.
• E)employees have been monitored to see their reactions to the decision.

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Definitions:

Interviewing

A method used by organizations to assess potential candidates for a job, often involving a series of questions to evaluate their qualifications and compatibility with the company culture.

Incentive-Pay Program

A compensation strategy designed to reward employees based on their performance or achievement of specific goals.

Profit-Sharing Plan

A plan in which employees receive additional compensation based on the profitability of the entire business.

Insurance Benefit

A payment or service provided under an insurance policy to cover losses or expenses incurred by the insured.