Herbert Simon Has Concluded That Decision Making in Industry Is

question 186

Multiple Choice

Herbert Simon has concluded that decision making in industry is often best described as

• A)optimizing behavior.
• B)profit maximizing.
• C)satisficing.
• D)saturating.

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Definitions:

Smoking

The action of inhaling and exhaling the smoke of burning tobacco; can lead to addiction and various health issues.

Gum Chewing

The act of chewing gum, which can be studied in psychology for its effects on concentration, stress reduction, or habit formation.

Candy Bar

A bar-shaped confectionery that typically includes ingredients such as chocolate, caramel, nuts, and nougat.

Grocery Store

A retail store that primarily sells food, both fresh and packaged, along with various household goods.